Web3 domains offer affordable, decentralized digital identities, making them prime investments as blockchain technology grows. Here’s how to pick the best second-level domains (SLDs) in Web3.
- Simplicity is Key: Use short, memorable names that clearly reflect your brand, like .audit for audit services.
- Ideal Length: Stick to 6-14 characters for better brandability, SEO, and ease of use.
- Consistency Across Platforms: Align Web3 names with existing Web2 domains (e.g., if you own myfastfood.com, try myfastfood.metaverse).
- Budget-Friendly Options: Unlike Web2, Web3 domains are affordable, with some starting as low as $5 on platforms like Freename.io.
- Evaluate Resale Value: Use appraisal tools or rely on Freename’s market insights for domains with resale potential.
Why Invest in Web3 Domains?
Web3 domains often don’t require renewal fees and can appreciate over time. Top-level domains (TLDs) can even generate passive income, with royalties up to 50% on new registrations under them.
Conclusion: Web3 offers an open, affordable landscape for securing valuable digital identities. Keep it simple, aligned with your brand, and explore platforms like Freename.io to find your ideal Web3 domain.