ShapeShift DAO began to replace the complicated wallet address into more simplified NFT Domain, Unstoppable Domains will give all existing FOX Token holders $50 toward free NFT domains.
Unstoppable Domains teamed with ShapeShift, letting the users replace complicated wallet addresses with much simple NFT domains, so they can send the most popular crypto assets (BTC and ETH) as they would. To jump-start the integration, in the coming weeks, Both companies will offer free NFT domains to every FOX Token holders.
“We’re always looking for ways to make crypto easier, whether through our development efforts or integrations with partners,” said Willy Ogorzaly, ShapeShift DAO’s head of decentralization. “It’s no surprise that long crypto addresses are difficult, and human-readable addresses are a great solution. By leveraging on-chain NFTs to represent domains rather than centralized name services (like DNS), Unstoppable Domains ensures that the user is always in control.”
With the present Web3 experience being hard to reach, Unstoppable Domains had a solution by offering a user-friendly NFT domain. The main purpose of NFT domains is to allow people to carry a unique username across wallets, apps, services, games, and the metaverse, becoming a more user-centric, secure, and portable Web3 identifier. With this new partnership,
User from ShapeShift can transfer crypto from their wallet to .crypto, .x, .nft, .wallet, .coin, .bitcoin, .dao, .blockchain, and .888 domains. helps eliminate user error and creates a more human-friendly approach to interacting with both crypto and the Web3 ecosystem.
“As one of the longest-running crypto exchanges, ShapeShift has made decentralization, openness and transparency a core part of its mission,” said Sandy Carter, SVP of Business Development at Unstoppable Domains. “We’re delighted to partner with ShapeShift as we build a future where both new and experienced crypto users have the tools to interact seamlessly with the decentralized web.”
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SOURCE Unstoppable Domains