NFTs

Somnia Teams Up with Unstoppable Domains to Power Identity in a Virtual Society

2 Mins read

Somnia, a Web3 project focused on developing scalable blockchain software solutions, has announced a strategic partnership with the blockchain-based domain name leader Unstoppable Domains. The collaboration was officially launched at Somnia’s Token 2024 event to provide mainstream users with decentralized digital identities in an easy, affordable way.

Through this collaboration, Somnia community members can obtain a secure digital identity with the .Dream domain and can access blockchain-based identities for enhanced privacy, protection, and security.

Building the Virtual Society

Somnia is a high-performance blockchain that executes over 300k transactions per second (tps) on its Ethereum Virtual Machine (EVM) Layer 1. The project aims to unify the metaverse, gaming, NFTs, and social platforms into a single, fully on-chain Virtual Society. Somnia’s interoperability protocols allow users to traverse the various experiences of this society and interact with digital assets.

Paul Thomas, CEO of Somnia, emphasized the importance of digital identity in its vision: “Identity is going to be a vital part of bringing the Virtual Society together, so we’re very excited to be teaming up with Unstoppable Domains for this initiative.” 

The .Dream domain offers users a distinctive online username that operates over 865 applications, games, and metaverses within the Unstoppable Domains ecosystem. This integration will soon extend to Somnia’s platform, increasing the .Dream digital identity presence across a diversity of virtual spaces.

Simplifying Transactions, Enhancing Communities, and Low-Cost Domains

A primary advantage of this collaboration is that it allows for streamlining blockchain transactions. With a .Dream domain, users can substitute complicated wallet addresses with easy-to-read names. These domain names make it possible to send and receive more than 200 kinds of cryptocurrency in a simple and secure way.

Owning a .Dream domain name is also about more than just paving the way for simplified transactions; it connects users to an upbeat community of innovators. Showcasing commitment to the evolving digital landscape, Domain owners earn badges based on the number of owned domains and are welcomed into exclusive community group chats.

Sandy Carter, COO of Unstoppable Domains, said, “With .Dream, we’re offering more than just a domain; we’re providing a digital home for aspirations and big ideas. Our aim is to create a vibrant online ecosystem where creativity and ambition can flourish.”

Carter also introduced plans to partner with Somnia on the forthcoming ICANN gTLD application to embed .Dream more firmly within the digital domain ecosystem and expand its capabilities. 

Now open to everyone in Somnia’s ecosystem, they and Unstoppable Domains are giving away 1,200 free .Dream domains as part of this partnership. Users can also purchase their digital identity domains for $2 apiece, allowing them to establish a foothold in the still-evolving Web3 ecosystem.

Editor’s note: Written with the assistance of AI – Edited and fact-checked by Jason Newey.

  • Jason Newey

    Jason Newey is a seasoned journalist specializing in NFTs, the Metaverse, and Web3 technologies. With a background in digital media and blockchain technology, he adeptly translates complex concepts into engaging, informative articles.


Source link

Related posts
NFTs

SEC Reportedly in Talks Over Solana Spot ETF

1 Mins read
SOL surged 11% to $258, within 1% of its 2021 all-time high. Source link
NFTs

Bitcoin Inches Closer to $100,000

1 Mins read
BTC soared to a fresh all-time high of $99,000 on Thursday. Source link
NFTs

WorldShards Trials Event Launches with $100K in NFT Prizes

1 Mins read
Blockchain-based sandbox MMORPG WorldShards has launched its Trials Event, providing players with an opportunity to earn NFTs valued at over $100,000. The…

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *