Are you looking to take control of your online identity and protect your online assets in 2023? One way to do so is by getting a web3 domain name, also known as a decentralized domain name.
Web3 domain names offer a range of benefits that traditional domain names cannot provide, including increased security, censorship resistance, and complete control over your domain name. However, with some web3 domain names going for five-figure prices, it can be difficult to find an affordable option. That's where we come in! In this article, we will introduce you to some of the cheapest web3 domain name services available in 2023, all of which offer domain names for under $10.
So, whether you're a small business owner looking to establish a strong online presence, or an individual looking to secure your online assets, a web3 domain name is a great investment. Keep reading to learn more about the cheapest web3 domain name services available in 2023; each service has its own unique features and benefits, making it easy to find the right fit for your needs.
Ethereum Naming Service (ENS)
One of the top choices for web3 domain names is the Ethereum Name Service (ENS). ENS is a decentralized platform that allows you to register and manage human-readable names on the Ethereum blockchain. Although some ENS names can be worth 4-5 dollar figures, you can get other not-so-popular ENS domain names, which start at just $5.
One of the major advantages of ENS is that it enables you to easily and securely manage your domain name without needing a third party. This means that you have complete control over your web3 domain name and can make any changes or updates to it as needed. Additionally, because ENS is decentralized, your web3 domain name is stored on the Ethereum blockchain and is not subject to the restrictions or limitations of a central authority.
Another benefit of ENS is its versatility. In addition to web3 domain names, ENS can be used to identify a wide range of assets and resources, including smart contracts, cryptocurrency addresses, and more. This makes it a convenient and flexible platform for managing your online identity and assets.
Unstoppable Domain is a well-known provider of web3 domain names. With this service, you can create a domain name that is stored on the blockchain, making it uncensorable and resistant to tampering. Prices for web3 domain names on Unstoppable Domains start at $5, making it an affordable option for those looking to get their own web3 domain name.
One key benefit of using Unstoppable Domains is its compatibility with many blockchain protocols and platforms (e.g., .crypto, .zil, .blockchain, .888, etc.) This makes it a convenient choice for those who want to use their web3 domain name across multiple applications and services.
Another benefit of unstoppable domains is that it only features a one-time payment, so you could pay as little as $5 and own a Web3 domain for life. However, it is important to note that your preferred name could cost way more than you expect; hence, if a cheap name is your priority, you may have to settle for something else.
Namecoin is a decentralized, open-source cryptocurrency that was designed to provide a secure and decentralized alternative to traditional domain name systems. With Namecoin, users can purchase web3 domain names for a registration fee of 0.01 NMC (currently under $1) plus additional gas fees, making it one of the most affordable options on the market.
One of the major benefits of using Namecoin for web3 domain names is its open-source nature. This means that the platform is transparent and open to contributions from the wider community, which helps to ensure its security and reliability.
Algorand Name Service (ADNS)
Algorand Name Service (ANS) is a decentralized platform that enables users to register and manage easily recognizable names on the Algorand blockchain.
The platform is open source, which means that anyone can contribute to its development and use it freely. ANS is designed to be user-friendly and accessible to all, with web3 domain names starting at 5 ALGOS (less than $1). Hence, with just a few cents, you can register your name as a domain and use it to create a unique, easy-to-remember address for your Algorand account. This makes it much simpler for others to send you transactions and interact with you on the blockchain.
Space ID is a platform that aims to make it easy for users to interact with the blockchain. It is designed to be user-friendly and compatible with most wallets and decentralized applications (dApps). With Space ID, individuals and organizations can register and manage their own .bnb names, which they can use to access and interact with dApps and other resources on the network.
One of the main advantages of Space ID is its low cost. At just $5 and a few cents, it is an affordable way for users to get started with blockchain technology and take advantage of all it has to offer. Whether you are an individual user or a business, Space ID can provide you with a simple and convenient way to connect with the blockchain and access the resources you need.
Sending and Receiving Tokens on Cwallet via Web3 Domain Names
Cwallet now supports sending tokens via the Ethereum Naming Service (ENS), Space ID, and Unstoppable Domains AT NO COST.
Hence, with Cwallet, you can send and receive over 800 supported tokens, even using your favorite (.bnb, .eth, .crypto, .wallet, .bitcoin) and many more Web3 domain names, just as shown below
Sending Tokens with The Cwallet Bulk Payment Tool
Cwallet also facilitates instant bulk crypto transfers with Web3 domain names via the Cwallet Bulk Payment Tool. Simply locate “Cwallet Bulk payment” and follow the prompts to outline your bulk payments correctly.
Sending and Receiving Tokens via the Unique Cwallet ID
Away from Web3 Domain Names, Cwallet users can also make intra-wallet crypto payments AT NO COST (not even gas fees) via the unique Cwallet ID.
Hence, in place of difficult-to-remember alphanumeric strings, you can easily send BNB, BTC, ETH, DOGE, and other tokens to fellow Cwallet users via their unique Cwallet IDs without needing to pay a cent in gas fees or wallet fees.
In conclusion, web3 domain names offer a range of benefits, such as increased security, censorship resistance, and complete control over your online identity.
Indeed, getting your preferred name for a bargain may be difficult; nevertheless, several affordable options are available for as low as a few cents from the options mentioned above.
So, don't allow expensive Web3 domain names to deter you; get a Web3 domain name for a few cents and transact via the Cwallet Apps to enjoy ZERO WALLET FEES on all transactions.