NFT domains marketplace launches to provide bridge to the next generation of internet and Web 3.0

cointelegraph.com:

The majority of internet users today recognize domains as being the combination of letters they type into their browser. However, what many don’t know is that domains were designed to accomplish a lot more than displaying a website, with functionality to send emails and make payments, to list a few. So, why aren’t we seeing domains leveraging this additional utility? In short, the answer comes down to their control from centralized servers. As the story goes, with centralization comes greater control, in turn, adding barriers to innovation. 

Fortunately, the rise of nonfungible tokens (NFTs) and decentralized technologies have proven that once high barriers can be eliminated. With decentralized domains, users maintain self-custody, ensuring the complete control of their assets, verified on the blockchain and stored similar to a cryptocurrency in a virtual wallet.

These domains then gain advantages such as the ability to support decentralized websites, provide full ownership control of domain management features and allow developers to innovate beyond what is typed into a browser. In fact, NFT domains are said to be the catalyst in bringing about transformation to the internet as the world knows it today.

Recognizing the vast potential of NFT domains is Quik.com, a site claimed to be “the world’s first blockchain marketplace for NFT domains.” The platform, designed to support the purchase and sale of blockchain-based NFT domains, includes a domain name registry where users can browse specific listings. 

The team behind Quik goes on to share that their intention behind this project is to, “harbor a creative NFT domain for the internet of tomorrow.”

As a gateway into Web 3.0, the Quik ecosystem is designed to help businesses