I admit to not being a huge fan of the current NFT craze.
I think cryptocurrencies and blockchain technology should be used for more important things such as decentralized finance. But this is a free market and thus anyone is allowed to use their coins as they wish.
Anyway, among the useless ocean of celebrity JPGs, memes, and pure speculation, the NFT ecosystem sometimes shows very interesting projects.
One of the most prominent is called Unstoppable Domains.
I think this is a real gem, that could disrupt the whole, obsolete, domain registration industry.
The website Unstoppable Domains allows users to purchase a domain name with nice crypto-related extensions, such as .bitcoin, .coin, or .wallet.
So far, nothing special, anyway.
What's impressive is that with Unstoppable Domains, after you purchase a domain, you can 'transform' it in an NFT, using the Ethereum or Zilliqa blockchains. In short, domains are built on the blockchain.
This way you can claim the domain and become the only owner of the domain.
As a nice side note, once you have claimed the domain (and thus you have it in your wallet like a 'normal' NFT), you won't have to pay renewal fees. It is forever yours (or at least as long as you won't sell it!).
The process of buying a domain on Unstoppable Domains is very easy:
1) Sign up on the website. If you sign up using my link, you can get a 10$ credit.
2) Search for your new domain and see if it is available.
3) Pay for your new domain; you can use PayPal, credit cards, or cryptocoins. Once you have paid, as already mentioned, the domain will be yours forever and you won't have to pay renewal fees.
4) Claim your new domain. In short, claiming a new domain is like withdrawing a token from an exchange. You get it into your wallet.
If you use Zilliqa, the process is completely free of charge, while if you use Ethereum you must pay the damned gas fee.
My suggestion is to use Zilliqa and boycott Ethereum.
In my opinion, this is one of the best uses of NFT I have seen so far. This is the way to pave to achieve censorship-resistant websites and full ownership. I think Unstoppable Domains should get more recognition and more users.