Freename

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Freename is a leading Web3 domain platform that enables users to create, mint, manage, and trade blockchain-based domain names—both Top-Level Domains (TLDs) and Second-Level Domains (SLDs)—across multiple blockchain networks such as Polygon, Binance Smart Chain (BSC), Aurora, Cronos, and Solana. Unlike traditional domain registrars, Freename operates in a decentralized manner, allowing true ownership of domains as non-fungible tokens (NFTs) without renewal fees.

Key Features

1. Web3 Domains and TLDs as NFTs

  • Domains minted on Freename are stored on the blockchain as NFTs, giving users full ownership and the ability to transfer or sell them freely.
  • Users can mint both SLDs (e.g., yourname.tld) and TLDs (e.g., .brand, .crypto), the latter being a unique feature that allows individuals and organizations to create and own their own domain extensions.

2. Passive Income through TLD Ownership

  • Owners of TLDs on Freename can earn passive income by receiving 50% of the registration fees whenever someone registers an SLD under their TLD.
  • This royalty-based system incentivizes the creation of new namespaces and provides a revenue stream for TLD holders.

3. No Renewal Fees

  • Once a domain or TLD is purchased on Freename, it is owned forever with no annual renewal fees, contrasting with the traditional model where domains are leased and subject to recurring charges.

4. Multichain Support

  • Freename supports domain minting on several blockchains, offering flexibility and interoperability within the Web3 ecosystem.

5. Decentralized Identity and Utility

  • Freename domains can be used as digital identities, crypto wallet addresses, and credentials for decentralized applications (DApps), streamlining transactions and online representation in the crypto space.
  • The platform also provides tools for building Web3 websites, receiving payments, and using decentralized email and communication services.

6. Brand Protection and Trademark Services

  • Freename offers mechanisms to protect brands and trademarks by restricting certain names and providing a legal trademark registration process in partnership with the Swiss Federal Institute of Intellectual Property (IGE.ch).
  • This service includes a six-month global protection period while the trademark application is under review.

7. Web3 WHOIS Explorer

  • The platform features a decentralized WHOIS explorer that allows users to verify domain ownership, check for potential scams, and ensure trademark protection by linking domains to blockchain wallet addresses.

How Freename Differs from Traditional Domain Registrars

FeatureTraditional RegistrarsFreename (Web3)
OwnershipLeased, not truly ownedFull ownership as NFT
Renewal FeesAnnual fees requiredNo renewal fees, lifetime
Domain Extensions (TLDs)Predefined by ICANNUsers can create new TLDs
Censorship/ControlCentralized (ICANN)Decentralized, censorship-resistant
Income OpportunityNone for usersTLD owners earn royalties
Blockchain IntegrationNoYes, multichain

Summary

Freename is a Swiss-based, multichain Web3 domain naming service that bridges the gap between Web2 and Web3 by offering decentralized, NFT-based domain names. It empowers users with true ownership, passive income opportunities, and enhanced brand protection, all while eliminating renewal fees and supporting a wide range of blockchain networks.

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