Unstoppable Domains integrates Fantom
Unstoppable Domains has integrated Fantom, enabling users to purchase a domain name that can serve as a universal Web3 address.
Until now, Fantom users have been using 42-character wallet addresses, but that can complicate otherwise basic tasks like payments. These long addresses also make it difficult to tie your identity to your wallet for account verification or to claim reputation-based rewards on Web3 platforms.
Using Unstoppable Domains, you can immediately register an address of your choice, which you store on your wallet as an ERC-721 token, like an NFT. Since you hold the address, you retain sole rights over it and can use it as a username, a crypto address for your FTM or Fantom tokens, and much more.
Benefits of Unstoppable Domains:
- Your name across Web3
An Unstoppable Domains address can serve as your identity and username across the Web3 internet. No longer is your username tied to a single dApp or website.
- One name, one wallet address
Use your Unstoppable Domain username to replace 275+ coin and token addresses. This means that you no longer need separate addresses for Fantom, Bitcoin, and other major crypto wallets.
- Simple, secure account logins
Signing in with email addresses and passwords becomes a thing of the past. Your Unstoppable Domain is all you need to verify your identity and access sites and dApps on the decentralized web. - Proof of identity
Many Web3 platforms like DAOs work best when users can verifiably prove who they are. The Unstoppable Domains’ “Humanity Check” feature enables you to verify your identity without revealing any personal data. - Lifetime Ownership
Unstoppable Domains start as low as $5. There are no renewal fees, and since your domain lives securely in your crypto wallet, no one can tamper with it.
About Unstoppable Domains
Founded in 2018, Unstoppable Domains is an NFT domain name provider and digital identity platform working to onboard the world onto Web3. Unstoppable Domains offers NFT domains minted on the blockchain that give people full ownership and control of their digital identity with no renewal fees. With Unstoppable Domains, people can replace lengthy alphanumeric crypto wallet addresses with a human-readable name and log into and transact with apps, wallets, exchanges, and marketplaces. The company was named by Forbes as one of America’s Best Startup Employers in 2022.
About Fantom
Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. On Fantom, transactions are confirmed in 1 second and cost about one cent. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use cases.
SOURCE:
https://fantom.foundation/blog/unstoppable-domains-integrates-fantom/