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What Is an NFT Domain and NFT Domain Marketplaces?
An NFT Domain is the type of domain which is listed on the public blockchain and it’s hosted in a decentralized network that is supported in the form of smart contracts.
NFT Domain Marketplaces are the virtual locations where you can find and purchase the NFT domain of your liking.
NFT domains often include different types of domain extensions, like .eth, .nft, .crypto and others. These extensions are listed on different Blockchain networks and the most often used one of those which is the most secure and stable as well at the moment is the ERC-20 (Ethereum) network, which works closely with Polygon web 3.0 hosting technology.
Unlike a conventional web domain, these types of domains are existing online and linked to your wallet in a decentralized manner using the Ethereum network. This means that once you perform registration of a domain and add it to your wallet, you become the sole owner of it and nobody else can take it.
When you compare these types of domains and their hosting to traditional hosting process, there are a lot of different benefits that pop up.
One of them is that once you become the owner of the domain it becomes yours forever. Other benefits include that you can also create such a domain name if you have the experience and you are in the ERC20 community.
Other benefits included once you have purchased such a domain name, you retain the complete ownership of it for life without having to pay any monthly taxes or housing fees, unlike traditional domains.
Other well-known benefits of Blockchain websites and NFT domains are:
- You become the sole owner of the domain and nobody has the right to take it from you.
- You can use the NFT domain to create your own blockchain website, hosted in a decentralised Web 3.0, which makes it more secure.
- You have the power to assign this domain name to your cryptocurrency wallet or other words, making payments with crypto much easier.
- You have the complete control of the domain without any external influence from big tech.
Why Buy NFT Domains and Have a Blockchain Website?
Both investors and site creators and owners can get a lot of different benefits by purchasing an NFT domain:
1. Simplification of your cryptocurrency address, by replacing it with an NFT domain name. This is available for more than 270 cryptocurrencies, including BTC, LTC, ETH, and other.
2. The domain is simple and easy to remember, making it much easier to work with in the decentralised web.
3. The owner retains full ownership of the domain for life.
4. There is only one time price for ownership of the NFT domain.
5. You can purchase as many NFT domains as you want and you can later flip them for higher profits later on when they go up in value.
Which are The Best NFT Domain Marketplaces
Now we will take you through the most profitable NFT domain marketplaces currently in the world. We have gathered this list, based on purchases conducted on the platforms, popularity and reputability of the services.
Unstoppable Domains
First on the list is Unstoppable Domains. It is the largest and most popular dedicated NFT Domain marketplace currently and it offers the following benefits to customers:
Unstoppable Domains is a pioneer when it comes to selling NFT domains with hundreds of thousands domains now created in the Ethereum network and they cooperate with large companies, like Opensea, Brave Browser, Ethereum and many others.
The main benefit of this company is that it offers the maze that are hosted on the public Blockchain, allowing you to have full control once you purchase a domain, using their platform. When we tried the platform, we found it easy to use with a complete control panel that contains all of the features it takes to purchase an NFT domain to your liking and budget and then sell it or establish a Blockchain website in Web 3.0 using it:
Currently, Unstoppable Domains offers NFT domains that contain the following domain extensions:
- .bitcoin
- .888
- .wallet
- .coin
- .zil
- .crypto
- .x
- .nft
- .dao
- .blockchain
One of the best features that we found useful in this service when we started using it is the search engine which prioritises domains in a very easy and simply laid out list.
What this search engine does it it shows you did you made that are available for sale according to the price and based on their domain extension and it shows you the value of each domain to help you choose a more desired one or simply the one you find to be the right value for the correct price.
And all of this comes in the search bar that is very easy to use and returns the best possible suggested results almost immediately:
As you can see from the image below, the system this domains based on their barometers accordingly so you have complete control over what you choose:
Being the pioneer in Blockchain domains, Unstoppable Domains have succeeded in achieving 68.7K domain owners and a mind-blowing 1.1K volume of Ethereum already traded for their domain names.
Opensea
Opensea is by far the largest NFT trading platform and is created back in 2017. This platform’s main purpose is to connect together the NFT creators, sellers and buyers while it allows and user to list all types of entities, including NFT domains for free. The platform supports several types of Blockchain, the main of which are Ethereum, Polygon and Klatyn.
One of the main benefits of the platform is that it takes only a 2.5% free from all the conducted transactions, while allowing you to use it for free for all kinds of NFTs.
The platform is created to be easily used with an intuitive design that is also stable, even though at times we have found it to be overloaded due to high interest and a bit slow as a result. But in terms of user friendliness, it is very easy to get used to and very pleasant:
The main wallets that are supported by OpenSea are MetaMast, TrustWallet, Portis, Magic and Coinbase. When it comes to NFT Domains, you can easily find all of the big players in the NFT domain selling segment having their items listed on Opensea, like Unstoppable Domains, Decentraland Names and other.
It takes several simple steps to set up your Opensea account at list your domain for sale:
1. Create an account, using your crypto wallet.
2. Set up your NFT domain collection.
3. Add your NFT domains.
4. List your NFT domains for sale.
It’s a very good thing that Opensea works with the polygon gas-free transactions, because it allows you to list your items without being absolutely any forms of fees for the listing process.
Rarible
Rarible is among the largest NFT marketplaces and it exist since the year 2020. It has been created to connect the cryptocurrency wallets to NFT creation and purchasing on the web.
It works with a variety of NFT domain sellers and has thousands of listed domain names already. With a user base of about 1.6 million, Rarible is among the largest NFT Domain selling platforms in the world. Its services are also used in both Android and iOS devices as well, since it has user-friendly apps for both.
Rarible holds a 2.5% fee for every transaction, but charget a 1% free in a strive to redice scams on token-backed NFT valuables.
One of the main benefits of Rarible is that it is very easy to create an NFT (lest than 10 minutes) and when it comes to fee, it charges both buyers and sellers its service fee.
The upside of this is that the service is very easy to navigate and work with making it one of the best in the business. Currently, their services support the following blockchains:
- Ethereum.
- Tezos.
- Flow.
Besides NFT Domains, Rarible also supports:
- Art.
- Photography.
- Games.
- Mateverses.
- Music.
- Collectibles.
To create an NFT domain on Rarible, you have to follow the steps below:
1. Choose the Blockchain on which you want to base your NFT domain.
2. Connect or upload the domain parameters.
3. Choose a collection you want to store it in.
4. Give you a domain description and select the type of sale you will be conducting. You have the options to select between fixed price, timed auction and open one.
5. Make sure to select what you will be receiving from each sale.
Conclusion on Blockchain Domains
At this current point, there are multiple market places out there, but these are the ones we can guarantee for being legitimate, working and reputable from our personal experience.
We will keep on updating this list as time passes. We hope that you find this information useful and we would very much like to know if you have any suggestions on how we can update this list.
If you have any questions or any remarks, be sure to leave a comment down below and we will try to respond as fast as we can.
Eu gostei muito do conteúdo. Mas o grande mistério de tudo isso é que poucas pessoas, sabem como configurar esses domínios, em outras palavras muitas pessoas compram esses domínios mas não tem como acessar via navegador, e nem no YouTube nem Google e tão menos em sites de tecnologia.
Veja o exemplo: eu tenho 10 domínios que não sei como fazer uso deles, sei que logo irá aparecer solução, e pessoas fazendo tutoriais.
O triste de tudo isso é que a hora que alguém resolver fazer tutoriais sobre o assunto aí vem um milhão copiando e colando querendo falar que teve a idéia brilhante de fazer….