- Users will be able to quickly establish Web3 identities and manage digital assets as a result of the launch.
- The domains make it possible for Etherlink initiatives to develop branded Web3 presences, which helps to cultivate trust and recognition within the ecosystem.
- Users will be able to get a free domain on Etherlink for the first three months of the offer, which can be redeemed on the Etherlink reseller page.
Freename, the leading multi-chain Web3 namespace platform, has successfully launched the new top-level domain “.etherlink” by integrating with Etherlink, a Layer 2 blockchain that is powered by Tezos Smart Rollups. Users will be able to quickly establish Web3 identities and manage digital assets as a result of the launch, which represents a major milestone in growing blockchain domain use.
Users will be able to get a free domain on Etherlink for the first three months of the offer, which can be redeemed on the Etherlink reseller page. This is held in celebration of the launch. The.etherlink domain will serve as a cornerstone for digital identity management on Etherlink’s Layer 2 blockchain. This will enable users of both Web2 and Web3 to protect their digital presence via the use of blockchain technology while still keeping the functionality of conventional domains.
Etherlink is a permissionless Layer 2 blockchain that inherits the security of the Tezos Layer 1 blockchain. Additionally, it has a decentralized governance mechanism, fraud proofs, and resilience to censorship. With the introduction of today, Freename, which is a multichain Web3 namespace and an ICANN-accredited registrar, is now employing Etherlink to bridge Web2 and Web3.
This will make it possible for Web2 domains to be tokenized and protected on the Etherlink network alongside other major blockchains. While simultaneously integrating Web2 companies into a multi-chain ecosystem in a seamless manner, this not only protects their brands but also maintains the security of their domains. In addition to being able to administer regular Web2 domains, users are able to mint domains directly on the Etherlink network, which supports more than 50 blockchain networks.
Gherardo Varani, Head of BD at Freename stated:
Users are provided with an economical and scalable method of interacting with the blockchain and DNS via the use of the platform, which makes use of Etherlink’s revolutionary transaction costs of $0.001. Users are able to take advantage of increased security and cross-chain interoperability with other major EVM networks as a result of integration with Tezos Smart Rollups. By doing away with centralized bridges and administrator keys, Etherlink’s design provides an unrivaled level of security and decentralization. As a result, it is a platform that is extremely dependable and resistant to censorship, making it ideal for blockchain-based operations.
Impact on the Etherlink Ecosystem
Cédric Roche, Business Development & Technical Support Director at Nomadic Labs, a Tezos R&D Hub in Paris stated:
Following the recent launch of the uranium.io marketplace on Etherlink and the introduction of the Tezos X roadmap in the middle of 2024, this integration represents a key milestone for the expanding Etherlink ecosystem. It also comes at a busy time for the Tezos community, which is experiencing a period of increased activity. Within the Etherlink network, native Web3 identities are made available to decentralized apps, smart contracts, and community members via the use of the.etherlink domain. Members of the community now have the ability to generate addresses for their wallets that are easily recalled, replacing the complicated hexadecimal sequences with names that are readable by humans.
Additionally, the domains make it possible for Etherlink initiatives to develop branded Web3 presences, which helps to cultivate trust and recognition within the ecosystem. Using the Domain Name System (DNS) technology provided by Freename, users of Etherlink are able to connect their Web2 and Web3 identities in a seamless manner, which opens up new opportunities for decentralized apps and services. Users are provided with a domain ecosystem that is safe, scalable, and decentralized thanks to Freename’s cooperation with Etherlink, which shows the company’s dedication to promoting the convergence of Web2 and Web3 technologies.
In addition to being an ICANN-accredited Registrar, Freename is the premier multi-chain Web3 namespace platform. It gives users the ability to mint and administer domains and top-level domains (TLDs) across various blockchain networks. Providing cutting-edge technologies for domain security, brand protection, and decentralized ownership, Freename bridges the gap between Web2 and Web3 DNS.
Etherlink is a non-custodial Layer 2 blockchain that is compatible with Ethereum Virtual Machines and is powered by Tezos Smart Rollups. Etherlink is well recognized for its very cheap transaction costs, strong security, and decentralized governance, and it is already establishing new benchmarks for Layer 2 blockchain technology.
