Buzzwords like NFTs, Web 3.0, and the blockchain space have fascinated everyone in the tech and crypto space lately. The term Web 3.0 is now part of the everyday conversation. However, you won’t get serious about that until you own an NFT domain.
Web 3.0, the Internet of the future, is an umbrella term that combines different ideas aimed at one goal, bypassing the big intermediaries of the Internet. There is no need to use giants like Google, Meta or Twitter on this new web.
Simplification is one of the important pillars of building the Internet of tomorrow. This is where Quik.com plays an integral role in driving innovations for Web 3.0.
Quik is a marketplace for blockchain domains which addresses one of the primary tasks of the next Internet revolution; Offer direct ownership to end users without any intermediaries.
The domains of NFT are an exciting development in the decentralized Internet. They can change how we use the internet with an extra layer of security, functionality and transparency. We at Quik aim to be at the forefront of this development,” said Sahel Kohli, CEO of Quik.
Why NFT domains?
The NFT domains you mint or purchase on Quik.com are stored on the public blockchain. They simplify crypto transactions by replacing long and cumbersome digital wallet addresses with easy-to-remember names.
Quik NFT domains are very similar to the traditional domain names that revolutionized the Internet by replacing complex IP addresses.
In addition to being used as a global name, the NFT domains available on Quik are also censorship-resistant when used as URLs for websites created via IPFS, the InterPlanetary File System.
Here are some of the key features of the blockchain domains available on Quik, which will be available once the ecosystem around the project develops:
- There are no renewal fees
- Simplified Crypto Wallet Addresses
- Access to decentralized applications and platforms
“Blockchain domains provide superior functionality compared to traditional domain names, which are one dimensional and serve narrow purposes. We believe that NFT domains have the potential to drive the idea of a truly decentralized Internet,” Quik CEO expressed.
Most Quik users purchase NFT domains to use as personal identifiers. They replace complex addresses from multiple wallets with a single domain name. Simplifies sharing of payment information.
However, you can also use blockchain domain names to host your 3.0 websites and build applications on top of them. Since all areas of the NFT are unique, the scarcity of unique identifiers can be used as a speculative investment.
Reselling attractive NFT domain names in the secondary market can be as profitable as traditional domains. Quik also gives you 5%-10% royalties on every subsequent sale of your rails Blockchain Domains.
Start your web 3.0 journey with Quik
Here are some of the distinct benefits Quik offers:
- Quik is the simplest blockchain in the world NFT Domain Marketallowing you to easily and quickly mint, list, buy and trade crypto domains without using a third party.
- It provides the infrastructure needed to move your business from Web 2.0 to the blockchain.
Quik has made a number of NFT domain extensions available for minting, including:
To mince cryptographic domains, users can apply any phrases they choose to these extensions. Users can also search the site for available NFT domain names provided by their peers, which they can then transfer to the public ledger.
Quik also allows customers to sell or buy traditional domain names in the marketplace using blockchain transactions, making the process more transparent and secure.
“Web 3.0 has been theoretical for a long time. However, with the emergence of the fields of NFT, blockchain technology, and smart contracts, it is set to flourish in the coming years,” Kohli said.
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