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By Amelia Tomasicchio – 8 Sep 2022
Every day there is a lot of news about the world of Non-Fungible Tokens (NFT), metaverse, and Web 3 in general. Here is a summary of the latest, related to Unstoppable Domains, Bored Apes Yacht Club (BAYC), the Nifty Gateway marketplace, and more.
Summary
Unstoppable Domains, the company behind blockchain-based and therefore uncensorable website domains, has announced a new partnership with privacy browser Brave.
Through this partnership, more than 2 million decentralized domains will be able to use the browser to create content or search for information on more than 30 thousand websites.
Brendan Eich, CEO and co-founder of Brave, said:
“Together with Unstoppable, we’re giving more people the power to create content and explore the Internet without sacrificing their privacy or their autonomy. We’re excited to expand access to the decentralized Web for our 60 million users and to contribute to a privacy-first Internet where people have ownership of their data”.
Brave and the integration of Unstoppable Domains also protect against the risk of Distributed Denial-of-Service (DDoS) attacks, so also in terms of security as well there would be advantages to using these technologies together.
Sandy Carter, SVP and Channel Chief of Unstoppable Domains, explained:
“Web3 is the future, and with Brave, we’re expanding access to the decentralized Web and giving people more ways to build their identity online. Brave’s Web3-ready browser makes it possible to build websites that are fully owned by people, not rented from big tech companies”.
Unstoppable Domains offers the ability for users to register domains with extensions such as .crypto, .nft, which are visitable as normal websites but are actually hosted on the InterPlanetary File System (IFPS), which is a decentralized, peer-to-peer network that makes the website incensurable and secure.
In addition, Unstoppable domains, being connected to the blockchain, perform the function of being like identity documents on Web3 platforms, allowing people to receive crypto payments with an easy-to-remember, personalized address and even email.
A service similar to Unstoppable Domains, called Ethereum Name Service (ENS) has climbed the charts in terms of trading volumes and has even managed to surpass those of the popular NFT collection Bored Ape Yacht Club (BAYC) on the OpenSea marketplace.
The project grew from 120.7 Ethereum (ETH) to 1044.6 ETH and the average price of an ENS rose 167%.
A few hours ago it was reported that the Omni wallet, a wallet that supports every Web 3 application, has raised as much as $11 million in seed investment with a valuation of as much as $50 million.
The round ended in May and was led by companies such as Spartan Group, GSR Ventures, Eden Block, OP Crypto, Shima Capital, Kosmos Ventures, Daedalus Angels, PrimeBlock Ventures, Figment Capital, Lattice Capital and Chorus One.
Formerly called Steakwallet, Omni makes possible the integration of various projects related to NFTs, crypto and metaverse.
Serafin Lion Engel, co-founder of the project, explained:
“The primary hurdle that stands between users gaining access to the future of the internet, is ease of use. That’s why we built Omni: an incredibly easy-to-use Web 3 application that can do it all without sacrificing even a fraction of self-sovereignty. Especially after seeing the CeFi meltdown, we wanted to give users something that was as easy to use as CeFi, but 100% self-custodial and DeFi. And that’s what we’ve done with Omni”.
As expert in digital marketing, Amelia began working in the fintech sector in 2014 after writing her thesis on Bitcoin technology. Previously author for several international crypto-related magazines and CMO at Eidoo. She is now the co-founder and editor-in-chief of The Cryptonomist. She is also a marketing teacher at Digital Coach in Milan and she is writing a book about NFTs for the Italian publishing house Mondadori, while she is also helping artists and company to entering in the sector.
Marco Cavicchioli – 8 Sep 2022
Reporting the future.
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