Leading software company Unstoppable Domains has announced the launch of a $1,000,000 program here on Thursday to assist browsers, wallets, and decentralized applications and help them join blockchain domains. Unstoppable Domains have attained specialization in establishing domains on Blockchains.
It is not an easy task to build a website domain infrastructure on the blockchain. The technological side can be a smooth ride, but getting people to use these services may prove to be an arduous task.
It is interesting to note that the blockchain domain can significantly enhance user experience in the wallet by switching cryptocurrency addresses with a human and readable name. And, the same domain can be used to make cryptocurrency payments easier and to form an uncensorable web page.
Users will now be able to use their blockchain domain for payments in wallets like Trust Wallet or Coinomi. The main purpose of the $1,000,000 grant program is to boost blockchain domain implementation through all kinds of applications that may include browsers and decentralized applications.
Unstoppable Domains has successfully sold over 1,50,000 domains.
As of now, many wallets have been supporting this technology. However, there is a huge scope and time for further growth. The latest grant program has the scope of giving Unstoppable Domains a strong push forward.
Matt Gould, CEO of Unstoppable Domain, said the community of cryptocurrency is accepting blockchain domains at a rapid pace. The goal of the company is to make it simpler for apps to join blockchain domains. The company’s grant program can assist wallets, browsers, and other apps to accept them at the earliest.
The Unstoppable Domains $1,000,000 grant program comes on the heels of the latest $2,50,000 allocation.
Unstoppable Domains is based in San Francisco and involves establishing domains on blockchains. The company has the backing of Draper Associates and Boost VS. It gets its grants chiefly from Ethereum Foundation and Ziiliga Foundations.