- March 14, 2023
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
Polygon ecosystem users will be able to create .polygon Web3 domains through a new partnership with Unstoppable Domains.
Polygon has launched the ability to create Web3 .polygon domain names in partnership with Unstoppable Domains. The offering will allow users to log into Web3 applications, make use of human-readable wallet addresses and create decentralized websites.
The service will be available to an estimated 180 million users and 40,000 services across the Polygon blockchain ecosystem. Unstoppable Domains makes use of Polygon to mint decentralized domains with zero gas fees. Over 2.7 million domains have been registered on the Polygon blockchain to date.
Users will be able to use .polygon domains to create digital identities that are compatible across 750 applications, games and metaverse platforms. These can be used to login to web apps, as cryptocurrency wallet addresses and decentralized websites.
Related: State of play: Decentralized domain services reflect on industry progress
Unstoppable Domains also allows users to create profiles that can be connected to social media channels and act as a digital identity across Web3 platforms and networks.
A statement from Polygon Labs vice president of business development Sanket Shah highlighted the importance of unlocking user-owned digital identity for Polygon users:
“Web3 domains will give our community a digital identity that they fully own, so they can log into dapps without giving away their personal information and transact crypto without lengthy wallet addresses.”
Unstoppable Domains will also offer access to premium .polygon gaming and digit domains from March 16.
Decentralized domain services like Unstoppable Domains and Ethereum Name Service (ENS) have become popular over the past year, seeing considerable growth in domains registered.
American cryptocurrency exchange Coinbase partnered with Unstoppable Domains offer payments through domain handles instead of cryptographic addresses in August 2020. Coinbase then partnered with ENS in Septmeber 2022 to provide users with free “name.cb.id” usernames in an effort to replace alpha-numeric wallet addresses with human-readable alternatives.