Somnia, a prominent Web3 project dedicated to developing scalable blockchain software solutions, has recently revealed a strategic partnership with the leading blockchain-based domain name provider, Unstoppable Domains. This collaboration was officially unveiled at Somnia’s Token 2024 event, with the goal of offering mainstream users decentralized digital identities in a convenient and cost-effective manner.
Through this partnership, members of the Somnia community can now secure a digital identity using the .Dream domain and access blockchain-based identities to enhance their privacy, security, and protection.
Building the Virtual Society
Somnia stands out as a high-performance blockchain capable of executing over 300k transactions per second on its Ethereum Virtual Machine (EVM) Layer 1. The project’s ultimate objective is to unite the metaverse, gaming, NFTs, and social platforms into a single, fully on-chain Virtual Society. By leveraging Somnia’s interoperability protocols, users can seamlessly navigate through various experiences within this Virtual Society and engage with digital assets.
Paul Thomas, the CEO of Somnia, underscored the significance of digital identity in the project’s vision, stating, “Identity is going to be a vital part of bringing the Virtual Society together, so we’re very excited to be teaming up with Unstoppable Domains for this initiative.”
The .Dream domain offers users a unique online username that functions across 865 applications, games, and metaverses within the Unstoppable Domains ecosystem. This integration is set to expand to Somnia’s platform, further enhancing the presence of .Dream digital identities across a diverse range of virtual spaces.
Simplifying Transactions, Enhancing Communities, and Low-Cost Domains
One of the key benefits of this partnership is the streamlined blockchain transactions it enables. With a .Dream domain, users can replace complex wallet addresses with easy-to-remember names, facilitating simple and secure transfers of over 200 types of cryptocurrencies.
Moreover, owning a .Dream domain goes beyond facilitating transactions; it connects users to a vibrant community of innovators. By demonstrating a commitment to the evolving digital landscape, domain owners can earn badges based on the number of domains they own and gain access to exclusive community group chats.
Sandy Carter, the COO of Unstoppable Domains, expressed, “With .Dream, we’re offering more than just a domain; we’re providing a digital home for aspirations and big ideas. Our aim is to create a vibrant online ecosystem where creativity and ambition can flourish.”
Carter also revealed plans to collaborate with Somnia on the upcoming ICANN gTLD application to solidify .Dream’s position within the digital domain ecosystem and expand its functionalities.
As part of this partnership, 1,200 free .Dream domains are now available to all users within Somnia’s ecosystem. Additionally, users can purchase their digital identity domains for $2 each, enabling them to establish a presence in the evolving Web3 ecosystem.
In conclusion, the partnership between Somnia and Unstoppable Domains marks a significant milestone in advancing decentralized digital identities and simplifying blockchain transactions. By combining their expertise and resources, both projects are poised to drive innovation and foster a thriving online community where creativity and ambition can thrive.