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How can you make money
from Web3 Domains?

A step-by-step guide

Step-by-step Guide to Explain How You can Make Money From Web3 Domains:

In this article we explain the two most common ways to make money from Web3 domains: 1) Flipping and 2) Becoming a Web3 domain registrar.

Flipping Web3 Domains

This is pretty straightforward.  You buy Web3 domains and then sell that at a higher price.  There are many ways to sell them including on Opensea.

Becoming a Web3 Domain Registrar

This method of making money from Web3 domains is also pretty straightforward.  You buy Top-Level domains and then you allow people to register Second-Level domains using your Top-Level domains.  For example, we own the Top-Level domain .aiapp.  People can register domains like text.aiapp or photo.aiapp.  When they do you make money.  Don't worry, this is not too costly and the process is fairly easy.  We have created another step-by-step article to explain how you can do it.  It is so easy you can be up and running in less than 1 hour.  Learn how to do this here.

Review here for more step-by-step guides.

Download PDF Step-By-Step Guide

You can download our step-by-step guide here:

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Step-By-Step Guide To Help You Register A Web3 Domain Name

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Web3 Domain Registration by:

Web3 Domains

Web3 domains are decentralized domain names that are stored on a blockchain, such as Ethereum or Polygon. This means that they are not controlled by any central authority, and users have full ownership and control over their domains.

Key characteristics:

  • Decentralized ownership: No reliance on a central registrar or authority for management.
  • One-time purchase: Usually purchased with a one-time fee, unlike traditional domains with recurring renewal costs.
  • Multiple use cases:Representing cryptocurrency wallet addresses for simplified transactions.
  • Hosting decentralized websites and apps (dApps).
  • Creating a universal online identity across Web3 platforms.
  • Common extensions: .crypto, .eth, .x, .nft, and others, depending on the registrar.

Benefits:

  • Enhanced security: Stored on a secure blockchain, making them resistant to censorship and takedowns.
  • User-friendly crypto transactions: Replace lengthy wallet addresses with memorable domain names.
  • Unified Web3 experience: Streamline interactions across various Web3 applications.
  • Censorship resistance: Decentralized nature protects against arbitrary domain seizures.
  • Personalized branding: Create unique and memorable online identities within Web3.

In essence, Web3 domains offer a decentralized, secure, and user-friendly way to navigate the emerging Web3 ecosystem, empowering individuals to establish their digital presence and manage their online identities independently.

web3

Did you know with Web3 domains from Freename you just pay once to buy them and there are NO renewal fees!