The Web3 Domain Alliance, a member-led coalition dedicated to improving the technological and public environment for users of Web3 naming services, has announced 52 new members. These include Blockchain.com, Rarible, Wyre, Bitdegree, WazirX, and Klever, along with other naming systems, projects and companies.
To support the ongoing development of digital identity technology in Web3, the Alliance members intend to make contributions, including technology, to enable greater interoperability and security standards.
A founding member of the Web 3 Domain Alliance, Unstoppable was recently awarded a patent around resolving blockchain domains and aims to support innovation across the Web3 industry through its intellectual property investments.
We’re excited to announce that 52 new members are joining the Web3 Domain Alliance including @blockchain, @rarible, @sendwyre, @bitdegree_org, @WazirXIndia, and @klever_io, along with dozens of other naming systems, projects and companies! #W3DA
— unstoppable.nft (@unstoppableweb) February 22, 2023
Why this is great news 👇🧵[1/4] pic.twitter.com/rzSlYKYpEh
Web3 Alliance
Founded last year, the Web3 Domain Alliance aims to improve the technological and public policy environments for users of Web3 naming services. Members of the Alliance will engage in topics surrounding consumer protection, interoperability of blockchain naming systems, fair and open use of IPs and preventing naming collisions. Together it will advocate for standards in the Web3 domain to promote innovation and a safe environment.
Channel Chief and SVP of Unstoppable, Sandy Carter said, “As an early member of the Web3 Domain Alliance, we’re honoured to work alongside our new co-members to unlock potential in the Web3 domain space. Together, we’ll build a Web3 domain space where new ideas and innovation can flourish and where more people can own their digital identity.”
Web3 domains have seen increased interest, with over 3.4 million domains reportedly created across the industry in 2022 alone. Amid this rising interest, the Web3 Domain Alliance was founded as the first industry group to develop standards for the blockchain naming industry.
President at Blockchain.com, Lane Kasselman commented, “Digital identity is the next great frontier of Web3 and we’re thrilled to support innovation in this space through the Alliance. We look forward to helping set standards as a community so we can protect users as the Web3 domain industry grows.”
Big name companies such as Amazon and eBay have been hiring Web3 staff to be more involved in this growing space. Others hope to support startups in Web3 by providing a range of programmes and investment partners.
Paige Cook is a writer with a multi-media background. She has experience covering video games and technology and also has freelance experience in video editing, graphic design, and photography. Paige is a massive fan of the movie industry and loves a good TV show, if she is not watching something interesting then she's probably playing video games or buried in a good book. Her latest addiction is virtual photography and currently spends far too much time taking pretty pictures in games rather than actually finishing them.
