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

Forex Expo Dubai 2023 Announces Top Sponsors and Outstanding Speaker Lineup

Dubai, UAE,  25 Sep 2023, FOREX PR WIRE, The newest edition of Forex Expo Dubai 2023 is back, set...

Crypto Expo Dubai 2023 Wraps Up with Resounding Success – A Glimpse into the Future of Cryptocurrency and Blockchain Innovation

Dubai, UAE, Sep 23, 2023, ZEX PR WIRE, Crypto Expo Dubai 2023, the most anticipated cryptocurrency and blockchain event...

Fintech Surge 2023 announces Forus as Gold Sponsor

Pioneering fintech company aims to elevate innovation in Dubai’s financial landscape Dubai, UAE, 23 Sep 2023, ZEX PR WIRE, Fintech...

Dubai to Witness the World’s Largest Web3 Conference: ABC Conclave to Unite Global Web3 Pioneers in Dubai World Trade Centre

Dubai, UAE, 17th September 2023, ZEX PR WIRE, ABC Conclave, is set to gather blockchain enthusiasts, industry leaders, and...

Empowering Web3 Developers: MetaTrust Labs’ Open-Source AI Engine Revolutionizes Security

Singapore, 16th September 2023, ZEX PR WIRE, In a groundbreaking move, MetaTrust Labs, a provider of Web3 AI security...

GasZero, Tencent Cloud International, and PolygonLabs Successfully Host Web3 Gaming Event in Singapore

Singapore, 13th September 2023, ZEX PR WIRE, The collaborative event titled ‘Token2049 Side Event,’ hosted by GasZero, the first blockchain...

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