The new Web3 top-level domain will provide Kryptic users with human-readable addresses, enabling them to easily send and receive cryptocurrencies and NFTs via the Kryptic wallet and other applications.

SAN FRANCISCO, CA / ACCESSWIRE / July 18, 2024 / Leading Web3 domain provider Unstoppable Domains, in collaboration with soon to be launched cryptocurrency wallet service Kryptic, today announces the launch of the ".kryptic" top-level Web3 domain (TLD). This new domain enables Kryptic users to manage their digital assets more efficiently and fosters a sense of community and brand loyalty among users.

The .kryptic domain will offer users a unified way to send and receive cryptocurrencies and NFTs, greatly simplifying interactions and reducing the risk of errors that can occur with traditional crypto wallet addresses. The domain lowers the barrier of entry for blockchain uses by integrating seamlessly with over 865 applications, allowing for a unified identity across platforms.

We Imagine a future where users of the Kryptic wallet can effortlessly navigate multiple blockchains, seamlessly integrating native dApps. With their own customizable .kryptic domain, sending and receiving cryptocurrencies becomes as simple as sending an email. This is our vision at Kryptic: to make cryptocurrencies accessible to everyone. Our users will be able to transfer seamlessly to other DeFi wallet holders, expanding our reach and fostering a truly interconnected crypto ecosystem," said a Alex Ederer at Kryptic.

Kryptic's mission is to simplify the cryptocurrency experience, enabling users to easily manage and grow their digital assets across multiple blockchain networks from a single interface. The company offers a quantum-immune wallet solution that allows users to buy, sell, swap, send, and receive a wide range of tokens directly within the wallet. The platform integrates with applications across various blockchains so that users have full control over their NFTs and coins without the need to switch networks. With the launch of the .kryptic domain, community members will be able to show their support of permissionless technology via social media and Web3 platforms.

Like other Unstoppable-issued addresses, the .kryptic Web3 domains will be available as a non-fungible token (NFT) minted on the Polygon blockchain, which users will fully own and control. Apart from serving as a domain address, these Web3 domains are fully-fledged digital identifiers that allow users to create unique digital profiles, enhancing their interaction within the broader cryptocurrency ecosystem.

As new partners of Unstoppable Domains, Kryptic will join more than 10 web3 companies, including leading crypto finance house Blockchain.com, in strategizing and applying to the upcoming Internet Corporation for Assigned Names and Numbers (ICANN) general Top Level Domains (gTLD) application round in 2026.

The goal is to create Web2-Web3 domain "twins," allowing users, brands, and companies to take the best from both worlds and fully leverage the power of Web3 domains within the traditional Internet space. If successful, the .raiin domain will join the ranks of iconic ICANN-registered generic top-level domains like .com, .net, .org, .biz, .info, and more.

"This partnership with Kryptic highlights our shared commitment to enhancing digital identities across the Internet, making digital ecosystems more accessible, secure, and user-friendly," said Sandy Carter, COO of Unstoppable Domains. "With the new .kryptic Web3 domain, tech users gain an easier way to send and receive crypto and engage more meaningfully with the growing Web3 user community."

Web3 domains not only enable owners to send and receive digital currencies but also log into all of Unstoppable Domains' integrated applications, receive unique collectible badges, message other Web3 domain holders in applications like Group Chat, and much more.

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About Unstoppable Domains

Launched in 2018, Unstoppable Domains is a Web3 domain name provider and digital identity platform working to onboard the world onto Web3. Unstoppable Domains offers Web3 domains minted on the blockchain that give people full ownership and control of their digital identity, with no renewal fees. With Unstoppable Domains, people can replace lengthy alphanumeric crypto wallet addresses with a human-readable name and log into and transact with more than 720 apps, wallets, exchanges and marketplaces. The company was named by Forbes as one of America's Best Startup Employers in 2022.

For more information, please visit: https://unstoppabledomains.com/

About Kryptic

Kryptic is the ultimate gateway to Web3, offering a highly secure, user-friendly wallet solution that works across multiple blockchain networks from a single interface. Kryptic integrates with dApps and facilitates buying, selling, swapping, sending, and receiving directly within the wallet. In partnership with Hypersphere, Kryptic ensures the most secure storage possible by allowing users to quantum encrypt their key set.

For more information, please visit: https://kryptic.com/

SOURCE: Unstoppable Domains