NFT domain names are a new type of web address that allows users to purchase and manage their NFT-backed domain name. NFT domain names are powered by the Ethereum blockchain and can be used to represent any NFT, from digital art to in-game items. NFT domain names are managed via a decentralized DNS system, which means no central authority controls the registration or management of NFT domain names. NFT domain names are stored on the Ethereum blockchain, making them resistant to censorship and fraud. NFT domain names are an essential part of the emerging Web 3.0 infrastructure and help power the next generation of decentralized applications.

Author: Mfon Akpan

Publisher: St Petersburg Publishing with Biograph