Ever dreamed of owning a digital asset that not only elevates your online identity but also puts money in your pocket? Well, then you might want to consider getting a Freename top-level domain (TLD).
These domains are minted as NFTs, meaning they’re secured on the blockchain and truly yours. A TLD is the “.com”, “.io”, “.crypto”, and so on.
Freename domains are not tied to just one blockchain. Instead, you can mint them across multiple networks like Aurora, BSC, Polygon, Solana, Base, Sei, Etherlink, Chiliz, Abstract, and soon, even Near, Avalanche, Ethereum, and Cronos.
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Besides TLDs, you can also get second-level domains (SLDs) if you simply want to use them to streamline your online transactions or represent your Web3 identity. An SLD could be something like “learner.bitdegree”.
Though, TLDs are what make Freename stand out because you have a chance to earn passive income if you choose to “sell the rights to using your namespace” to others, but I’ll talk about that a bit later.
Web3 WHOIS & Trademarks
Freename’s Web3 WHOIS is the decentralized evolution of the traditional WHOIS protocol, used to identify who owns a domain. In Web3, domains like .eth, .crypto, or Freename domains are digital identities linked to wallets, NFTs, and decentralized apps.
With tools like Freename’s WHOIS explorer, you can check who owns a Web3 domain, see if it’s registered, and even discover which domains are tied to a specific blockchain wallet.
This tool is essential for verifying ownership, preventing scams, and protecting trademarks in the decentralized web, making it a key resource for anyone buying, selling, or managing Web3 domains.
Speaking of trademarks, Freename lets you legally protect your Web3 TLD or logo worldwide by getting one. Once you apply, your TLD receives 6 months of global protection while it is reviewed by the Swiss Federal Institute of Intellectual Property (IGE.ch).
To register, you need to complete KYC, submit your TLD list, and show proof of payment.
Earning Royalties With TLDs
One of the most intriguing aspects of Freename is the concept of selling the rights to use your TLD to others. Once you own a TLD on Freename, you can activate royalty rights on it.
Every time someone registers an SLD under your TLD, you earn 50% of the registration fee. It’s a bit like owning a billboard that gets paid every time it’s used, without you having to do anything extra.
By the way, Freename has a no-renewal fee policy. Once you buy a Freename TLD, it’s yours forever. There’s no need to worry about annual fees or recurring charges, which are a common pain point with traditional domain services.
How to Mint a Domain on Freename
Minting your Freename domain is a straightforward process that gives you full control over your asset by registering it on the blockchain. Here’s a quick rundown:
All in all, Freename not only replaces long wallet addresses and simplifies crypto transactions but also enables passive income through TLD “rent”. And with the added bonus of no renewal fees, you get this opportunity for a lifetime, worry-free.
