Web3 Domain Alliance expands with 51 new members
The Web3 Domain Alliance, a member-led coalition that aims to provide a standardized framework for Web3 naming services, has announced 51 new members, including Blockchain.com, Rarible, Wyre, Bitdegree, WazirX, and Klever. These firms will help promote the development of the Web3 naming industry and the functioning of Web3 domain registries, according to the company
We’re excited to announce that 52 new members are joining the Web3 Domain Alliance including @blockchain, @rarible, @sendwyre, @bitdegree_org, @WazirXIndia, and @klever_io, along with dozens of other naming systems, projects and companies! #W3DAWhy this is great news [1/4] pic.twitter.com/rzSlYKYpEh
The Alliance is a member-led coalition focused on improving the technological and public policy environments for users of Web3 naming services. With the addition of new members, the Alliance said that it will focus on consumer protection, preventing naming collisions, fair and open use of intellectual property in the industry, and interoperability of blockchain naming systems, among other topics. The collective goal of the alliance is to champion standards in the Web3 domain industry, thereby, promoting innovation and creating a secure environment.
In response to the growing interest in the Web3 domain industry, evidenced by the reported creation of more than 3.4 million domains in 2022, the Web3 Domain Alliance was established in November 2022 to set standards for the blockchain naming sector. The group plans to engage in discussions with the Internet Corporation for Assigned Names and Numbers (ICANN) to enhance their knowledge and recognition of Web3 Top Level Domains (W3TLDs).
Sandy Carter, SVP and Channel Chief of Unstoppable Domains shared: “As a founding member
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