Unstoppable Domains

Unstoppable Domains reviews 2024,web3 domains for everyone

What is Unstoppable Domains?

Unstoppable Domains is a technology startup based in San Francisco that has become a sought-after member of the unicorn club after raising $65 million in Series A funding. The company’s valuation has reached $1 billion, led by new investor Pantera Capital, with participation from a consortium of other investors including Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, and others. The capital will be used to drive product innovation and expand partnerships in the web3 space.

Unstoppable Domains official site: https://unstoppabledomains.com/

feature pros and cons

Unstoppable Domains operates a domain registration business similar to Verisign, the owner of .com domains, but with a key difference: these domains are located on the blockchain. Blockchain domains are domain assets on the blockchain that can replace cryptocurrency addresses with human-readable names. Unlike traditional .com domains, blockchain domains do not operate through major web browsers and require users to download special software or make changes to their browsers to access them.

The company allows users to register .zil domain names, enabling them to create websites that utilize the decentralized storage network InterPlanetary File System (IPFS) for data storage. These domains can also be used to replace crypto addresses, allowing users to receive crypto payments using their .zil domain name.

Unstoppable Domains has registered over 2.5 million domain names and has generated over $80 million in sales. The company has also been involved in several lawsuits in recent months, with one lawsuit highlighting that they have earned $5 million from selling .wallet domain names.

Unstoppable Domains is defining a new category of decentralized identity that aims to change the internet as we know it. The company is returning the power of digital identity to the people, allowing individuals to own their identity on the internet, which is becoming an increasingly important component of our lives as the digital economy grows.

The company was founded in 2018 by a team with extensive experience in scaling startups, developing products, and designing efficient collaborative software. The leadership team includes Matthew Gould (Co-founder and CEO), Bogdan Gusiev (Co-founder and CTO), Bradley Kam (Co-founder and Head of Business Development), Braden Pezeshki (Co-founder and Full Stack Engineer), and others.

Unstoppable Domains has also launched initiatives like Unstoppable Women of Web3 (WoW3), focusing on educating and networking to bring more diversity into the space. They have a strong focus on cryptocurrency education and have a learning center on their website, with ongoing content in the form of podcasts and blogs.

Looking forward, Unstoppable Domains has released an iOS app for managing domains from smartphones and is working on a non-custodial cryptocurrency wallet for households. The company aims to mint 100 million domains, which can be used for various purposes such as logging into applications, gaming, creator economy interactions, educational credentials, and more.