Cloudname

What is CNAME and how Does It Work?

CNAME participates in the realm of digital property, with a focus on the NFT market. The rise in digital art sales by prominent artists, such as Beeple, captivated attention and illustrated the growing influence of NFT usage. CNAME is a platform for online domain trading, an alternative to conventional DNS services, in line with the growth observed in the NFT market that allows people to own and transact unique digital assets.

Breaking down assets, particularly noticeable in the art sector, transforms pieces of art into collections of divided NFTs. Discussions by Unstoppable Domains point towards an increased interest in the trend of decentralization and Web3, a direction that CNAME aligns with. These methods employ decentralized IDs to assist traders in accessing desired channels without the need for additional credentials, boosting their privacy and data control.

CNAME employs a decentralized ID system that accommodates user biometrics and other identifiable information in a decentralized setting. This presents an alternative to prevalent data leaks and breaches common in the digital landscape. The Interplanetary File System (IPFS) supports this idea by providing consistent access to specific file content using content addressing, distinct from centralized web systems. Coupled with this, the project incorporates IPNS/blockchain domains to connect decentralized/blockchain domains, thereby developing user-owned, decentralized websites that are resistant to central control or censorship.

The advent and acceptance of Web3 and NFTs are gradually shifting away from traditional centralized systems, allowing for increased control and ownership over digital assets- a concept that CNAME embraces.

The Vision and Mission Behind CNAME

Unstoppable Domains focuses on providing NFT domains, facilitating storage and trade of confirmed NFTs on a blockchain network. This ensures that the domains are resilient to censorship and prohibition. The increasing interest in the Metaverse is evident, as tokens could be instrumental in fostering its development, evidenced from the adoption of blockchain by brands like Nike, Gucci, and McDonald's. The functionality of platforms such as Unstoppable Domains is crucial in addressing issues concerning violations and misrepresentation of online identities by various entities. Through the establishment of online identities, construction of token wallets, and the creation of web3 websites, Unstoppable Domains contributes to the advancement of Web3, the next phase of the internet. The integration of protocols such as Filecoin and IPFS into gaming demonstrates the transition facilitated by blockchain and tokens, endorsing musicians' direct ownership rights and royalties. In conclusion, Unstoppable Domains underlines the overarching goal of an equitable and widely distributed web.

How to Buy and Store CNAME?

To purchase CNAME, Flooz.xyz offers a streamlined process. Traders can purchase the CNAME via Flooz.xyz, a one-stop solution that provides a smooth checkout, without the need to own a wallet. Tap tap go! All payment methods are supported. Using Flooz self-custodial web wallet, you ensure seamless CNAME transactions, including storing, sending, and receiving tokens. You can create a self-custodial wallet directly on Flooz using your email, Google, and Apple ID in a matter of seconds. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz. Additionally, this ensures that you have access to your funds at all times, thanks to the power of cryptography. Flooz.xyz aggregates more than 50+ providers to ensure you with the fastest and cheapest payment routes for your trades.

CNAME Metrics:

• Current price: $0.0001

• Market cap: $43.2 k

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $18

Exploring CNAME Financial Mechanics

Unstoppable Domains utilizes the Ethereum blockchain to create WEB3 domains as NFTs, which give domain names connected to token wallets. Token transactions are a significant part of the platform, necessitating user confirmation. Unstoppable Domains and ENS provide domain resolution alternatives for browsers, such as Chrome and Firefox. The fusion of digital and physical settings through NFT domains has provoked interest among individuals involved in music and other industry sectors. Networks similar to Solana are responding to issues such as high transaction costs. The platform supports over 270 token types and offers a range of domain extensions. Decentralized Identity is combined with the WEB 3 journey and aims to eliminate personal data while maintaining compatibility with a variety of chains. NFT domains are seen as having noteworthy potential and are expected to outpace traditional domains in terms of growth. The NFT market, especially the gaming segment, is predicted to continue expanding. Fragmented NFT artworks may lead to a future sector for digital art products. Brands are employing NFTs to enhance their metaverse presence. Users can combine token wallets and NFT collections in one digital wallet and maintain privacy through Decentralized Identity. NFTs provide authenticity and usability for online identities and wallets, including identity verification on gaming platforms. As decentralized solutions are becoming more prevalent, established web-based platforms face challenges. NFTs allow the transformation of in-game assets into practical value, and NFT domain names bring recognizability and encouragement for the creation of decentralized websites. The IPNS improves IPFS operations by converting website addresses into reliable addresses. Brands have employed NFTs for artwork to interact with their audiences and generate revenue. However, owning NFT domain names involves paying recurring annual fees, which differs from traditional domain name extensions.

Advanced Insights: Mining and Ecosystem

Cloudname allows for the acquisition of valuable domains, compatible with the platform's intent of incorporating salient data, such as travel visas and credentials, in the token domain purchase process. Furthermore, the potential integration of Cloudname with Unstoppable Domains offers the ability to interact with WEB3 domain names. Additionally, Cloudname connects to gaming and NFTs, bridging the gap between the token universe and mainstream media. Blockchain technology serves as the basis for Cloudname, assisting to protect and manage private IPFS networks. These factors coalesce in support of the functionality and range of the CNAME token.