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Unstoppable Domains to Form Web3 Domain Alliance

W3DA is a new alliance to support the advancement of web3 domains by Unstoppable with bonfida, tezos domains, Polkadot Name System, hedera, syscoin, and klaytn_domains.

Written By:
Jahnu Jagtap

Last updated: February 12, 2024 6:16 AM
Published 2022-11-03
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Unstoppable Domains to Form Web3 Domain Alliance

Latest news from Lisbon Web Summit arrives as Unstoppable is a founding member of Web3 Domain Alliance (W3DA). 

1/ We just announced at @WebSummit that Unstoppable is a founding member of Web3 Domain Alliance (W3DA) – a new alliance to support the advancement of web3 domains – with @bonfida @tezosdomains @PolkaNameSystem @hedera @syscoin and @klaytn_domains.

Here’s why it matters 🧵👇 pic.twitter.com/8BNWkqQ1BF

— Unstoppable Domains (@unstoppableweb) November 2, 2022

W3DA is a new alliance to support the advancement of web3 domains by Unstoppable with Bonfida, tezos domains, Polkadot Name System, Hedera, Syscoin, and Klaytn domains.

The alliance hopes to prevent malicious phishing attempts, bad actors posing as Web3 “top-level domains,” cybersquatting, and Web3 domain collisions.

W3DA alliance is formed as there are currently no regulations, framework, or authority of Web3 domains. The best way to ensure developers keep building and innovating and make web3 safe for people in the industry must self-regulate.

The alliance aims to set standards that promote the development of the web3 naming industry. It’s a category-defining move that comes at a crucial time as web3 barrels toward mass adoption.

Also Read: SBF Proposes Digital Asset Industry Standards

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
Follow:
Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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