Unstoppable Domain, a provider of on-chain domains and digital identity solutions, has announced a strategic partnership with Somnia, a platform focused on building “metaverse computers.”
The partnership aims to increase the accessibility and affordability of decentralized digital IDs by introducing “.dream” top-level domains (TLDs). The launch will be featured prominently at Somnia’s upcoming Token 2024 event and serve as a key activation for the initiative.
“Identity will be a key component of integrating a virtual society, so we are excited to partner with an unstoppable domain for this initiative,” Somnia CEO Paul Thomas said in a written statement.
Somnia operates as a high performance Layer 1 Ethereum Virtual Machine (EVM) blockchain and can handle transactions (TPS) of over 300,000 seconds. It aims to unify metaverse, gaming, NFT and social platforms, providing a fully on-chain, seamless virtual society with the option of users to interact, collaborate and trade in different digital experiences without barriers.
Through recent partnerships, users can now acquire the “.dream” domain. This allows you to drive simple transactions that include cryptocurrency, NFTs and other digital assets across more than 865 decentralized applications (DAPPS). Supported by Somnia’s advanced blockchain infrastructure, this TLD plays a key role in fostering unified, immersive digital interaction.
The “.dream” domain is consistent with Somnia’s goal of promoting innovation and building a strong community within the metaverse. Users can use their personal “name.dream” as a unique and memorable wallet address to simplify secure cryptocurrency transactions. Additionally, this TLD will serve as a digital identity across gaming, social platforms and other on-chain applications, placing Somnia community members as active representatives of the brand.
“With .dream, we offer more than just a domain. We provide a digital home for aspirations and big ideas. Our aim is to create a vibrant online ecosystem where creativity and ambition can flourish,” said Sandy Carter, Chief Operating Officer of Unstoppable Domains, in writing. Additionally, we are working with Somnia to develop a strategy for future ICANN GTLD applications, further embedding them within the wider domain ecosystem, and expanding their capabilities. This collaboration represents our commitment to pushing the boundaries of what is possible in the domain name industry,” she added.
Obtaining a typical top-level domain GTLD offers benefits to blockchain companies, including control of digital identity, strong branding opportunities, and the ability to build a decentralized, user-friendly online ecosystem designed to fit the company’s community and goals.
Unstoppable Domains are blockchain-based domain name providers that allow users to create and own digital identities directly on the blockchain without repeating renewal fees. By utilizing it, users can replace long, complex alfactoctouch wallet addresses with easy-to-memory, human-readable names, allowing seamless interactions and transactions across over 720 applications, wallets, exchanges, and marketplaces.
Recently, the unstoppable domain has expanded its service to the Ethereum Layer 2 base built by Coinbase, further expanding its reach beyond existing infrastructure on platforms such as Ethereum’s Mainnet and Polygon Layer 2 networks.
