Domains are essentially digital identities. Brand, individuals and firms use their domains and websites to best express themselves and their products. Having the right domain/TLD is extremely crucial in setting the tone.
While searching for your Web3 Domain/TLD on Freename.io, you may see that it's protected. What does that mean?
To understand protected domains, you need to understand what domains/TLDs are.
There are two categories. Top-Level Domain (TLD) and Second-Level Domain (SLD). Imagine you want to start your own consultancy. You want your website to be “ABC.consultancy”. Your SLD would be “ABC”, and your TLD would be “.consultancy”.
Web3 domains/TLDs are the same as Web2. The only difference is that ICANN has no control over Web3 domains. Web3 TLDs from Freename.io help empower users through:
Decentralization
Customizability
Freedom
Passive income
Why are domains/TLDs protected?
When Freename.io tell you that a domain/TLD is protected, it means that someone else has already purchased it. Why is it that freename’s security protocols help protect other people's domains/TLDs? This is because of two reasons:
Privacy. Freename.io leverages blockchain infrastructures to ensure that no single name is repeated, registered, or minted twice. This protects Freename users by protecting their identity, as these protected domains/TLDs are already associated with a brand, organization, or notable person. Freename trademarks further empower users by juridically protecting their Web3 TLDs and Logo, worldwide.
Web3 TLDs can be very valuable. Web3 TLDs and Domains can be considered smart investments. Freename gives users the platform to help build passive income. Users can generate income by hypothesizing which big brands would join the Web3 space next. Big corporations like Fifa are starting to make their transition into Web3. If you bought the Web 3 TLD “.FIFA”, you would be protected by Freename if FIFA tried acquiring that Web 3 TLD. Unlike other Web3 registrars, Freename.io also helps users earn royalties from minting TLDs.
How to value a domain?
Did you know, “000.eth” sold for 300 ETH? Some domains can range from $8 to $30 million! Before acquiring your own Web3 Domain/TLD, it is useful to understand how to value your options. The bad news is, there is no ‘one size fits all’ way of evaluating. The good news? Understanding key characteristics and factors can help you make your decision with more conviction.
Every domain has a price range, not a fixed price. They all are distinct and their worth can depend heavily on the person/business’s identity. For businesses, having the right domain translates their product and professionalism. For them, it could potentially have either a positive or a negative impact on the future of the business. Their domains can represent the priceless effort they have put into their business.
There are other quantifiable factors that can value a domain and TLDs. Some factors include language, length, niche, market, google trends, TLDs, etc. Finding “exact match domains” can help you understand how noteworthy a domain is. For example, if a carwash were to buy a domain, it would be in their interest to have ‘carwash’ somewhere written. The same can be said for Web3 TLDs. Imagine in a few years where local businesses all around the world start accepting cryptocurrency. Minting a Web3 TLD such as “.carwash” from Freename.io would help you generate passive income once carwashes start registering domains on your TLD. With Freename, you would be entitled to 50% royalties for every domain registered.
Freename Trademarks
Now that you know how to value domains, your next question would be “how can i protect my domain/TLD?”
Trademarks help you take legal action against those using your domain/TLD without your permission. This is where Freename trademark service comes in**.** Freename Web3 TLD trademark registration provides legal protection for your domain name and logo worldwide. For six months after you submit your trademark application to the Swiss Federal Institute of Intellectual Property (IGE.ch), your Web3 TLD will be safeguarded everywhere around the globe. You can also decide which countries to register your trademark.
How can I apply for a Freename Trademark?
It's very simple. Only requires 5 steps:
Get in touch with Freename’s trademark department.
Provide your KYC, list of TLDs you want to trademark and proof of payment
Your trademark will be filed for you to the IGE/IPI for a review
You will receive 6-months of protection worldwide in less than a week!
The Swiss trademark service fee begins at $1,500 for a single mark
Protecting your trademark is a very important step. Whether you are getting a trademark for business purposes or to generate income, Freename.io offers the best domain name trademark option at the most affordable price. Trademarking your Web3 domain/TLD will make sure no third party can duplicate it. All your stress and worries about impersonation will be taken care by Freename. Read More