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Cryptocurrency News Articles

AllDomains Launches .solana TLD, Offering 50% Revenue Sharing with the Solana Community

Sep 25, 2024 at 10:52 pm

AllDomains, a leading name service provider enabling customizable top-level domains (TLDs) on the Solana blockchain, has officially launched the highly anticipated .solana TLD.

AllDomains Launches .solana TLD, Offering 50% Revenue Sharing with the Solana Community

Solana Name Service AllDomains Launches .solana TLD, Offering 50% Revenue Sharing AllDomains, the leading name service provider on Solana, has announced the launch of the .solana top-level domain (TLD). As part of this initiative, 50% of all revenues generated from .solana domain sales will be shared with the Solana community, further cementing AllDomains’ commitment to the ecosystem.

Solana names are quickly becoming a must-have for users and brands in the rapidly growing Web3 ecosystem. These domains offer a new way to personalize on-chain interactions, bridging the gap between traditional web2 experiences and Web3 technologies. With AllDomains, users can claim their unique Solana names, ranging from common phrases like "solwallet" to branded domains like "bonk.solana" or personalized names like "victor.solana."

These domains simplify wallet interactions by replacing the default 15-character public keys, making it easier for users to send and receive funds or interact with decentralized applications (dApps). For brands, these domains turn community members into on-chain ambassadors, proudly representing brand identities throughout the ecosystem.

AllDomains continues to innovate, expanding its services across SVM, EVM, and Move-based blockchains with bespoke multi-chain identity solutions. The launch of the .solana TLD further enhances their offerings, empowering the Solana community and ecosystem.

As Solana sees an influx of new users daily, the .solana domain offers a new way for users to claim unique names, given the limited options available to personalize on-chain identities. To ensure availability for new users and prevent domain squatting, domains will be up for annual renewal.

Solana remains the fastest-growing blockchain ecosystem, with over 75.2 million active wallets and a year-high in Total Value Locked (TVL). AllDomains already powers branded domains for high-profile projects, including BONK, WEN, MonkeDAO, SuperTeam, and over 60 other TLDs. The hybrid web2 and web3 TLD, .id, is also a key part of AllDomains’ offering, in partnership with PANDI, helping to bring real-world assets (RWAs) to Solana’s NFT marketplaces.

Moreover, AllDomains is integrated with some of Solana's most popular wallets and dApps, providing seamless accessibility to its services. A complete list of integrations is available on their website.

“We believe this initiative will not only enhance the user experience on Solana but also for the first time in Web3 we are able to share the success of a TLD directly with our community” said Claudio, Co-founder at AllDomains

To claim your .solana domain, follow these steps:

1. Visit the AllDomains website and connect your Solana wallet.

2. Search for your desired .solana domain name and check its availability.

3. Once available, click on "Register" and follow the prompts to complete your purchase.

4. After successful registration, your .solana domain will be linked to your wallet address.

About AllDomains:

AllDomains is a leading name service provider that allows users to create customizable top-level domains (TLDs) on various blockchains, including Solana, SVM, EVM, and Move-based chains. Focused on bridging the gap between web2 and web3 domains, AllDomains provides users and brands with a seamless identity layer, empowering them to personalize and control their on-chain presence. With a wide portfolio of branded domains and a growing list of partnerships, AllDomains is revolutionizing how communities engage with blockchain technology. For more information, visit www.alldomains.id.

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News source:captainaltcoin.com

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