Is Domain Reselling Profitable – The Blockchain

 

see the address of your allowed account let’s click connect Is Domain Reselling Profitable… fine and so then you simply wish to make certain to check this right here okay check that this address is the same address go here to account details double check that it’s the same address right there all right which’s really that’s really it that’s truly all you need to do okay so now you have to just click on indication stating|Now you have an ethereum wallet set up on your laptop computer or whatever you’re using to follow along with this video so in any ways we desire to come over here let’s click on account information so personally i would like to alter it to something else like uh domains or something that more logical and then right down here is the ethereum address alright so i’ll just click on the little check mark there we go and that’s it all right so once you have everything set up with metamask leave it open in a new tab within your web browser with you logged in next you need to browse back to this particular page okay your domain names if you attempt and simply click on the web wallet from where you’re at it’s going to offer you an error so anyways let’s click click here declare with ethereum there we go now we can click this and it must work there we go so now whatever’s filling right there and our wallet needs to appear right there so we click on next then view the address of your allowed account let’s click on link okay and so then you simply want to make sure to double check this right here okay double check that this address is the very same address go here to account details double check that it’s the exact same address right there fine and that’s really that’s really it that’s really all you have to do fine so now you have to simply click on sign saying}

Is unstoppable Domains on Ethereum?

Blockchain domain name business Unstoppable Domains will no longer charge clients gas charges to mint an NFT domain as of today, the company announced. Unstoppable has finished the first phase of its transfer to Polygon, a layer-2 scaling option for Ethereum which is able to accelerate deals and mitigate costs.

 

Unstoppable Domains made usage of the Zilliqa blockchain prior to moving to Ethereum and now Polygon, which promotes itself as ” the eco-friendly blockchain scaling Ethereum.”.

 

” Gas” on Ethereum refers to the variable expense of making any sort of deal on the network and can often get quite expensive. Gas fees to mint a single domain name on Unstoppable Domains through Ethereum were as high as $100. While Ethereum is currently in the process of updating its network to decrease such fees, it’s unclear when the upgrade will be complete, which may help describe why Unstoppable Domains selected to relocate to Polygon now.

Unlike numerous other NFTs, which are typically associated with visual art such as images, gifs, or brief videos, NFT domain names are just web domain names that exist on a blockchain. These domains likewise serve the double purpose of supplying brief, easy-to-remember crypto wallet addresses, much like the “.

How much does unstoppable Domains cost?

 

Brave Co-Founder: ‘User Option’ At Heart of Crypto Web Domains.

2 weeks ago, privacy-focused internet browser Brave included support for decentralized domain from Unstoppable Domains. Executives from both companies told Decrypt that the benefit of the decent …

NewsBusiness.
2 min read.
Ekin GençMay 31, 2021.

 

Unstoppable Domains claims that more than 1.5 million NFT domain have been established through its service since 2018. The company enables users to acquire domain ending in.crypto,. nft,. bitcoin,. dao and.blockchain, among others.

Now that Unstoppable Domains is relocating to Polygon, the company prepares to use support for domain management as well as transfer solutions for those with older Zilliqa and Ethereum-minted domains. At the end of the month, users will have the ability to set up domains on Polygon with their cryptocurrency addresses in addition to add other functions like NFT galleries and social media links. If users want to move their domains from Polygon to Ethereum, they’ll have the ability to do so sometime in early 2022, however Ethereum gas charges will apply..

like yeah yeah i signed i comprehend like this that’s my wallet correct now we need to say set the owner of this domain to this address click on i understand now you have actually set a custom-made gas price and after that we have to sign the deal and there you go alright so what’s going to take place right here is alert insufficient funds that’s totally typical okay because this is a brand new wallet i do not have any ethereum in this so i can’t really pay for the gas charges to actually declare this therefore once again you have a few different options so you can either go here and buy a claim credit let me simply browse back to the web page there we go so we can buy a claim credit right here if we wish to declare uh our domain or you can simply wait so the other option is just to put ethereum in this wallet yourself so you can go to coinbase purchase ethereum transfer the ethereum to this meta mask wallet and then you can pay for the ethereum that way or you can just wait till they create a solution which they’re working on as a way to declare your domain for free alright everybody that’s it for this video on unstoppable domain names so these domain are unstoppable because they are connected to the blockchain you own them forever and nobody can take it away from yo.

Who owns unstoppable Domains?

a portion of every crypto domain sale personally even with these risks i still believe we require a service like unstoppable domains to help onboard new crypto users their user interface is extremely easy to use the charges are much lower and there are no gas fees moving forward plus given that they produce human readable addresses amongst various wallets they are plainly a tool that new users will value for those people who have currently invested in defy comprehending wallet addresses and how clever agreements work resembles a force of habit however just a couple of years ago or for me a couple of months ago a lot of these concepts were over our heads much like you don’t always need to know how chrome actually loads your facebook.com page by utilizing dns ipv6 html and javascript you do not necessarily require to understand precisely how crypto works to use it rather similar to you type in facebook.com and hit go new users simply need to know that sending cash in crypto is just as easy as asking somebody to pay alice.crypto thank you men so much for viewing this academic video about unstoppable domains but i will say for the rest of this video i’m in fact going to be revealing you how to sign up a new domain and sharing the process with you so you can follow along or see how easy it is let’s dig in alright we’re here at unstoppabledomains.com and i’m really going to reveal you how to establish a brand-new unstoppable domain and for the purposes of this video i’m going to be signing up turtlecat.crypto and you can see that it’s available for forty dollars so i’m gon na go on and click contribute to cart i’m gon na go to my cart and pretty much uh yes i live in the united states my zip code and after that i wan na continue with email so here you can see that you can actually select charge card paypal cryptocurrency or the crypto.com app so i wish to pay with ethereum so the first thing we’re going to do is actually click ethereum down here and after that we are going to copy this address increase to our metamask account and click send and after that i’m going to paste the address in and then the quantity of ethereum i’m going to send out is the exact quantity that they have actually shared here and despite the fact that it’s calculated at little less than 40 this is what they’re asking for so that’s just how much i’m going to send out i’m going to check those eight four five three eight four 5 3 with 2 leading zeroes so that’s what i’m going to pay with we’re going to go on and click next as you can see here the transaction charge is going to be 24 and that’s even if today ethereum is extremely congested so to get your transaction first in line you have to pay generally twenty three dollars for this video i’m gon na proceed and pay that however i would not recommend you paying that today as you can see they have actually instantly upgraded that they have found a payment and now we essentially wait on that payment to be confirmed [Music] if we go here and we click these three dots and view accounts in ether scan we can actually see that 20 seconds ago that transaction was made and if we click that transaction you can see here there are two block verifications and some places like to see 10 other like to see 35 and what this implies is that there’s in fact in this block there’s two more blocks that have been verified in front of it and so this is to guarantee that this transaction in fact does not get gone back because of some fork in the network the more block verifications you have the more safe and secure this deal.

What is an unstoppable domain?

exists we go they’ve emailed the invoice to my e-mail and then they have actually also again showed me just how much i paid so if i go here to go to my domains now i actually own turtlecat.crypto what i can do is that’s presently not minted however what i can do is i can do a free mint and today they in fact have a layer 2 ability which means you can mint free of charge on polygon and we’re going to continue and do that they’re going to send us a confirmation code and over here on the other screen i’m going to find it and instead of attempting to type it in i’m uncertain if that’s an i or a 1 so i’m simply going to paste it in there we go it worked i’m going to use metamask to mint and after that this is generally validating that we really own this wallet and then this is the address that it’s going to be sent out to so we basically simply click i understand and after that confirm it and now turtle feline dot crypto will always be connected with this account so i went on and i went up here to domains and after that picked my domains let me get it here and after that i clicked the turtle cat.crypto that i purchased and you click on manage and this enables you to edit all of your wallet addresses so you can see here i might just input my bitcoin address my ethereum address which has instantly been added litecoin xrp zill and using this ad currency i can include.

 

any other currency that they have noted for example i might add cardano and you can see that it’s been added here and then i simply just paste in my cardano address and verify changes and that’ll generally make it so whenever somebody sends money to turtlecat.crypto it’ll go to this ada address now also before i end this video i wanted to show you that you can really modify the site things but it will be coming soon you can also confirm your domains you can add profile there resembles photos and things you can do and absolutely you can move or offer your domain so it’s a bunch of actually cool features on unstoppable domains however i wanted to say one more thing genuine quick at the end of this video i think for cyber monday they’re actually doing a buy one get one sale.