When sending cryptocurrencies to yourself or others, one of the most common issues is ensuring that you have the correct address. Because the wallet address is a complex string of letters and numbers, even a simple copy and paste will certainly result in you meticulously verifying that everything is pasted correctly. Quik.com aims to solve this problem by introducing NFT domains.
With its blockchain domains, Quik.com wants to increase bitcoin and crypto adoption around the world. NFT domains can be used as cryptocurrency wallet addresses and also host decentralized websites using IPFS. Quik.com aims to launch its Web extension to help empower the domain name for these uses.
Pros of Quik.com’s NFT Domains
- Purchase of an NFT domain only once
- People’s interactions with crypto addresses are made easier.
- Your NFT domain is censorship-resistant and stored in your wallet.
- Domains with more features than traditional domains
Are NFT domains of Quik.com secure?
Quik.com’s NFT Domains are incredibly secure because once minted; the domains are stored on the blockchain under your address, making them as secure as the blockchain itself.
It’s doubly secure because the domain can’t be blocked by anyone other than you, ensuring that your website is never taken down due to censorship.
What Are Quik.com’s NFT Domains’ Best Features?
Quik.com’s NFT Domains has a few distinguishing traits. Given how typical domain ownership works, the fact that it is a one-time purchase with no annual renewal is incredibly enticing. The domain is also censor resistant, meaning it cannot be taken down by anybody other than the owner.
The domains offer greater capability than standard domains since they can be used as a payment gateway, but they can also be used to create websites with dApps built directly on them because they are created on the blockchain, allowing smart contracts to be used on your site.
Quik.com’s NFT Domains’ best and most appealing feature is that it allows you to have a single address for receiving all different crypto assets. This means that once you set it up, you’ll only need to remember your domain, and your payments will be routed to the wallets you set up for each cryptocurrency. It is convenient not only for you but also for anyone from whom you wish to receive payments.
Note: The NFT Domains shall only come into use when Quik launches its web browser.
Which NFT domain names can I mint in Quik’s platform?
Currently, there are 9 NFT domain TLDs to choose from. Following are available:
Apart from these, .BTC extension is soon expected to be available for minting on Quik.com’s platform.
How do I mint these NFT domains on Quik.com?
- To log in, connect your Metamask or Mobile Wallet to Quik.com.
- Look for your preferred NFT domain name. There will be many NFT domain extensions visible. Click the Mint button if your desired extension is available.
- On your wallet, approve the minting transaction.
- Your profile will reflect the domain name once the transactions have been validated on the Ethereum Blockchain