Cryptocurrency continues to grow in adoption and get integrated into mainstream culture.
According to a recent survey by The Ascent, over 46 million of Americans are likely to buy cryptocurrency in the next year.
Despite the growing interest of people in crypto, some people also are having fear and misunderstanding about it.
79% of Americans are concerned about the crypto scams while 17% don't want to invest in crypto as they simply don't have the understanding.
Unstoppable Domains
To alleviate these things, and make it easy for people navigate around crypto, Unstoppable Domains NFT domains serve as a payment hub with addresses that are readable by humans where users can transact with above 275 different cryptos.
Unstoppable Domains was founded in 2018. It is an NFT domain name provider and a digital identity platform looking to drive more people to Web3.
Unstoppable Domains offers minting NFT domains on the blockchains giving users full ownership and control of their digital identity without renewal fees.
With Unstoppable Domains, users can replace those long alphanumeric crypto wallet addresses with human readable names, log into and transact.
Unstoppable Domains was named as one of the America's best startup employers in 2022 by Forbes.
Fantom anticipates that this will be a positive step towards a unified and flawless cryptocurrency ecosystem.
Fantom's Integration with Unstoppable Domains
Fantom, one of the fastest growing layer-1 blockchain platforms announced its integration with Unstoppable Domains. Unstoppable Domains is the leading platform for the digital identity of web3 where more than 2.5 million NFT domains are registered.
Unstoppable Domains will support the Fantom community of more than 3.5 million. Unstoppable Domains will help Fantom users in simplified trasfer of their digital assets through human readable wallet addresses.
Fantom's integration with Unstoppable Domains will deliver the following benefits to Fantom network users.
- Simplified Transactions: With Unstoppable Domains, lengthy cryptographic addresses could be replaced with short human readable one.
- Identity Ownership: Surnames are no longer tied to a single website or application with NFT domains.
- User Verification: Humanity Check feature on Unstoppable Domains proves human identity without revealing user's data.