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The Launch Of The NFT Domains Marketplace Will Serve As A Bridge To The Next Gen - Business - Nairaland

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The Launch Of The NFT Domains Marketplace Will Serve As A Bridge To The Next Gen by ayojademi(m): 3:58pm On Apr 14, 2022
With the decentralized internet becoming a reality, website owners must embrace blockchain’s future or risk being left behind in the Web 2.0 era. The establishment of a new NFT domains marketplace provides access to new Web 3.0 options.

The majority of internet users today recognize domains as the characters they type into their browser’s address bar. Many people are unaware that domains were created to do much more than just show a website, with features such as the ability to send emails and make payments, to name a few.

So, why aren’t domains taking advantage of this new feature? In a nutshell, the explanation is that they are controlled by centralized servers. As the story goes, centralization brings more control, which in turn creates more impediments to innovation.

Fortunately, the advent of nonfungible tokens (NFTs) and decentralized technologies have demonstrated that formerly insurmountable barriers may be overcome. Users maintain self-custody with decentralized domains, assuring complete control over their assets, which are validated on the blockchain and held in a virtual wallet akin to a cryptocurrency.

These domains receive benefits such as the capacity to support decentralized websites, full ownership control over domain administration features, and the potential to innovate beyond what is put into a browser for developers. In fact, NFT domains are credited as being the spark for the change of the internet as we know it today...more.. https://alabiansolutions.com/blog/the-launch-of-the-nft-domains-marketplace-will-serve-as-a-bridge-to-the-next-generation-of-the-internet-and-web-3-0/

Re: The Launch Of The NFT Domains Marketplace Will Serve As A Bridge To The Next Gen by MrPADDY(m): 5:52pm On Apr 14, 2022
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