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Unstoppable Domains originates new domain registry to raise crypto adoption

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Saloni Sheelwant
Saloni Sheelwant treasures to research and write about the new startups and technologies thriving at a very fast pace.

Unstoppable domains, the Draper Associates-backed blockchain domains maker, has launched a new domain registry to ascend the cryptocurrency adoption. The new registry, .crypto, is Unstoppable Domains’ follow-up to .zil, launched earlier this year. While .zil is built on the Zilliqa blockchain, .crypto is built on the Ethereum blockchain. With .crypto, users will be able to connect any cryptocurrency address to their domain. Unstoppable Domains is backed by well-known investors - Draper Associates and Boost VC, who invested $4 million in its Series A funding round.

Blockchain domains originator, unstoppable domains have released a new domain registry called “.Crypto” to boost the adoption of cryptocurrencies. The latest launch is a follow-up to .zil, which landed the grounds in the early quarters of 2019. .zil was built on the Zilliqa blockchain, whereas .Crypto is created on the Ethereum network.

The registry will allow the users to connect any cryptocurrency-based address to their domain. Matthew Gould, the co-founder, and CEO of the firm stated, “.Crypto is a domain name system meant to be used for any cryptocurrency payment and with any cryptocurrency wallet. Sending money to a .crypto domain is a way simpler user experience for the millions of cryptocurrency users that currently have to copy/paste and type in long addresses in order to transact.”

.Crypto domains are currently accessible for free of cost to the users who purchase a .zil domain of eight characters or more. The offer is valid until October 21. Its premium domains are priced between $250-$1000.

Unstoppable Domains is backed by renowned investors – Draper Associates and Boost VC, who funded $4 million in its Series A funding round. The Zilliqa Foundation and the Ethereum Foundation also conferred the firm $40,000 and $25,000, respectively.

Disclaimer: Coinnounce's views are not necessarily reflected in the articles published, and they are the sole representation of the author's opinions. Article's information should not be taken as investment advice. Risks are involved in cryptocurrency investments and trading. Readers are urged to carry out extensive research before making a decision.

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