Press ReleaseGoDomain launches .GO Domain Registration on the XDC Network

GoDomain launches .GO Domain Registration on the XDC Network

Dubai, United Arab Emirates, Sept 16, 2022, ZEXPRWIRE, GoDomains today announced the launch of blockchain-based domain registration services with .GO extension. With this, users would now be able to register domains like liz.go, enterprise.go, etc.

GoDomains deploys suites of smart contracts on the XDC blockchain, functioning as distributed, open, and extensible naming systems. Blockchain domain systems map human-readable names like “mike.go” or “xdc.go” to machine-readable identifiers for crypto wallets, digital identities, censorship-resistant websites, email, and metaverse storefronts. The Blockchain Domain works as a non-fungible token (NFTs). However, unlike traditional domain names controlled by centralised entities, blockchain domain names are custodied by their owner, with a separate public registry in the form of a smart contract.  

A .GO domain extension provides a welcome alternative to the currently available list of  domain extensions, which are more aligned towards native blockchain typos. GO Domains are easy-to-remember names resembling a short form of “global” ambition for their owners.  Similar to the “.com” The latest fever in cryptocurrency markets has buyers scooping up blockchain domain names, which are being minted and sold as NFTs.

HOW DECENTRALISED ARE GO DOMAINS?

GoDomains are fully decentralised, because the registry smart contract lacks an administrator, only the domain owner(s) or someone with their permission may transfer or administer newly formed domains. The services are created using blockchain protocols and .GO domain addresses are hosted on the XDC Network.

Prices
Currently, in beta, GO Domain offers a host of attractive domain names that could be registered and resold at a later date. The invitation price for domain name registration starts with USD $ 10 worth of XDC Tokens. Based on the number of characters, the prices keep increasing. Currently, users can register domain names in 3, 4, and 5+ letter extensions for a limited period only. 

The Post GoDomain launches .GO Domain Registration on the XDC Network appeared first on ZEX PR WIRE

Latest news

ShipFinex: A Real-World Asset Tokenization Protocol Now Regional Champions of Startup World Cup Pitch Competition

Dubai, UAE, Nov 15, 2022, ZEXPRWIRE, One of the most promising properties of blockchain has been the ability to...

The world’s largest online general merchandiser DollarStore, will start accepting Oduwacoin in their online U.S flagship Store.

“The official cryptocurrency of the  Dollarstore.” Beverly Hills, California, Nov 14, 2022, ZEXPRWIRE, An incredible milestone for the Oduwa community;...

Gulf Xellence to Host World ESG Summit in Dubai, UAE, 21st-23rd February 2023

THE WORLD ENVIRONMENT, SOCIAL & GOVERNANCE SUMMIT “Leading the future through Environmentally Sustainable Growth”Dubai, UAE, Nov 7, 2022, ZEXPRWIRE,...

Chairperson IFSCA delivers a Keynote address on “Policy Dialogue -Directing ESG  Governance for the Financial Industry “at Singapore Fintech Festival 2022

Chairperson International Financial Services Centers Authority Injeti Srinivas was invited to deliver a keynote address on “ Policy Dialogue...

LedgerFi Appoints Dr Abdulrahmaan Al Ansaari as Chairman of the Board

Dubai, UAE, Nov 4, 2022, ZEXPRWIRE, LedgerFi IT Solutions, a Dubai-based web3 and blockchain company announced the appointment of...

ZoidPay to Revolutionize the Web 3.0 Landscape with $75M Investment Commitment from GEM Digital

A $75M financial commitment is set to establish ZoidPay as the go-to open architecture for building the next generation...

Must read

USD 19,500, the new key price of bitcoin to start an upward movement

Key facts: In the past, $19,500 has been a resistance...

Blockchain IDOs and Presales You Should Know About

There’s never a lack of new projects opportunities when...

The 10 rules to prepare for the crypto bear market by the savvy investor

While the Bitcoin and cryptocurrency market reached a record capitalization in...

Latin America’s E-commerce Giant Opens Up To Buying Bitcoin

Bitcoin (BTC) and cryptocurrencies are increasingly accepted every day for...

Binance Welcomes Arbitrum – Ethereum’s Second Layer!

For many months, the Ethereum (ETH) network has faced...

You might also like
Recommended to you