Swiss company Freename has launched a new integration that allows traditional domains to be linked to crypto wallets. This is made possible through the adoption of Web3 mechanisms for popular domain extensions.
Integration of Traditional Domains and Cryptocurrency
Freename has introduced a new solution that enables traditional domains such as .com, .ai, and .io to be linked to crypto wallets and on-chain identities. This means that users can now use domains to receive cryptocurrency payments directly on their standard domain addresses.
Advantages and Applications
The company claims that this integration allows businesses and individuals to utilize registered domains for various purposes, including websites, email addresses, and receiving crypto payments. Freename's CEO Davide Vicini stated that this development transforms the internet from static to dynamic. A single domain can now serve multiple functions in Web3, such as wallet management and smart contracts.
How to Link a Domain to Your Crypto Wallet
To link a domain to a crypto wallet, users need to register or transfer their .com domain to the Freename platform, then mirror the domain on-chain, creating a correspondence between the DNS and the on-chain version. After that, users connect their wallet and can begin receiving crypto payments through their domain.
Freename's integration of Web2 domains with crypto wallets opens up new possibilities for users, providing convenient solutions for operations in both traditional and crypto spaces.