D3 globalThe decentralized field name company raised $ 25 million to update the way in which the names of the Internet field work.
D3 builds what you call the world’s first DomainFi network on the DOMA protocol, which is a new Blockchain protocol that transforms the current and future fields into a modern form of digital real estate. By announcing the launch of the DOMA protocol, D3 aims to open new liquidity, innovation and financial opportunities for the Internet field industry as well as major encryption communities.
DOMAINFI D3 will provide participants with great benefits such as assets, fracture ownership, field -based lending, improved digital identity and brands.
“Internet domains have always been a valuable assets category,” Farid Has, CEO of D3, said in a statement. “For the first time in nearly three decades, we have the opportunity to update and transform the technologies and operations that the field industry is currently using through DOMA. Domainfi’s economy will enter a new era of innovation and financial opportunity where every field, society and user comes on the series.”
Domainfi’s infrastructure leader said Paradigm led the tour with other investors including Coinbase Ventures and Sandeep Naiwhal, co -founder of Polygon Labs, Dharmesh Shah, Hubspot founder, Kirkendall, CEO of Namecheap.
The company said it has support from Web2 and Web3 leaders for DomainFi, a central financing layer to accelerate the growth of fields as a real assets category of $ 340 billion.
DOMA Protocol: Domainfi’s decentralized infrastructure
The company said that the DOMA protocol is the Blockchain device that relies on ETAREUM Virtual Machine (EVM) designed for stakeholders online and designed to meet strict compliance requirements in ICANN for names and numbers). This ensures that Blockchain is fully compatible with the DNS domain system and can be easily integrated with field tools and operations.
DOMA also creates a future resistant bridge between DNS and web3 systems, ensuring both the field of field, as well as simplified operations through records, registrants and encryption societies, all of which were properly set in the chain.
DOMA summaries behind the complexities of infrastructure including the compliance of ICANN and other DNS requirements within the field value chain (renewal, management, transportation, etc.) allowing the current and future domain symbols on the basis of verified.
Through the distinctive code, DOMA enhances the ability to composition, liquidity, and the inter -operation of the domains, which represents a typical transformation in how to record, circulate and use fields through both the web2 and Web3 ecosystems. Developers can request early access to DOMA today https://www.doma.xyz.
Besides the launch of DOMA, D3 also unveiled a preliminary set of Network Domainfi partners at the company’s Dominion Conference.
- Solana: The distinctive symbol of fields such as .com, .XYZ,. Through Domainfi, traditional fields will become assets in the real world that can be circulated, guaranteed and used via the high -performance Solana network.
- CollapseD3 partner, Avalanche plans to apply for the higher field (TLD). As a major partner in the field of field, Avalanche will provide Defi and the liquidity of the field industry of $ 340 billion through its inter -operating network and the vast ecosystems of developers.
- Onefootball: Through partnership with D3 and IDENTITY DIGITAL, Onefootball plans to use Football as an infrastructure for the identity of admirers of their global community, which is more than 180 million active monthly users.
- column: By integrating Domainfi as a new Vault category with a newly launched NST protocol, Plume will enable the distinctive areas to generate institutional degrees and democracy to access traditionally restricted assets and opportunities.
- HOCKEY.COM: Domainfi Democting to reach outstanding fields through the broken property of distinctive assets such as HOCKEY.com while providing liquidity options for existing owners.
“The fields of the first category of original assets were digitally and still is one of the largest category,” said Charlie Nuwiz, the Paradigm general partner, in a statement. “Bringing areas on the chain will make it more liquid and enable innovative new types of financial products, while giving ecosystems for encryption such as Solana access to the names that work with the rest of the current Internet. The D3 team is uniquely suitable for rebuilding the field infrastructure for the future of digital markets, and we are excited To support it.
The funds collected from this tour will accelerate the D3’s commitment to building the DomainFi economy, including technologies to expand field functions as assets and programs that can be to the operators of the names system on board the plane – such as registrants and records – to use DomainFi for their operations. Through strategic partnerships in the traditional field industry and the highest web3 societies, D3 will pave the way for DomainFi to give the democratic character to the ownership of digital assets for more than 5 billion online users, which transforms the field industry on a global scale.
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