Unstoppable Domains to Offer Auto Renewal and Fiat Payment Options for .ETH Domain Endings

Unstoppable Domains to Offer Auto Renewal and Fiat Payment Options for .ETH Domain Endings

The domain provider will also introduce automatic renewal services for .eth domains, along with the option to use fiat payment methods like credit cards.

With .eth domain endings, users can store their digital identity securely on the Ethereum blockchain. For those unfamiliar with .eth domains, think of them as simplified names that replace long wallet addresses (e.g., 0x74Fe1103d28fb79F4d83800003983390Dfc61234) with user-friendly ones like “me.eth.”

Unstoppable’s objective is to attract new users to .eth domains by offering them for sale on the same platform that already provides .crypto, .nft, and .polygon domain endings.

To enhance the ownership experience of .eth domain names, the company is rolling out additional features, including the convenience of auto-renewal for Ethereum-based domains. This will relieve users of the need to remember renewal dates and avoid the risk of losing highly-coveted domain names.

Furthermore, Unstoppable is implementing a secure vault system to hold buyers’ domains until they are connected to their wallets. In addition to supporting cryptocurrencies, the platform will enable fiat payments, allowing customers to purchase domain endings using credit cards, PayPal, Apple Pay, or Google Pay.

With 3.6 million registered Unstoppable Domains and 2.7 million ENS (Ethereum Name Service) domain holders, both providers are leading the industry in preserving digital identities. Matt Gould, CEO and Co-Founder of Unstoppable Domains, emphasized that their user-friendly approach will attract customers who are not yet familiar with the Web3 ecosystem.

Gould stated, “Users want a centralized solution to manage all their Web3 domains across various platforms. They prefer not to deal with multiple cryptocurrencies or track numerous wallets. That’s the seamless experience we are aiming to provide.”

While users who purchase a .eth domain from Unstoppable will gain access to ENS integrations, initial holders will not be able to access Unstoppable integrations. However, Gould highlighted that the company is actively collaborating with the Web3 Domain Alliance, an organization dedicated to defining the future of digital identity in the crypto space, to establish industry standards.

“We aim to bring all stakeholders together to foster mutual support, share insights on successful community strategies, drive progress, and set industry-wide standards,” explained Gould.

In conclusion, Unstoppable Domains aims to simplify the acquisition of .eth domains, providing a seamless experience to manage Web3 domains and contribute to the future of digital identity in the crypto landscape.