InternetX May Tokenize 22 Million Domains Using Ethereum-Based Doma Protocol for Web3 Integration
Main Idea
InternetX is collaborating with D3’s Doma Protocol to tokenize 22 million traditional domains using blockchain technology, enhancing Web3 domain finance and interoperability.
Key Points
1. InternetX and D3’s Doma Protocol aim to tokenize 22 million domains, integrating traditional domains with Web3 blockchain networks.
2. Tokenized domains offer fractional ownership, decentralized management, and compatibility with existing DNS systems.
3. The Doma Protocol supports cross-chain functionality, including Solana, Base, and Avalanche, improving liquidity and security.
4. Unlike projects like Unstoppable Domains and ENS, InternetX focuses on tokenizing legacy domains (e.g., '.com') rather than native blockchain domains.
5. RWA tokenization is growing, with onchain RWAs exceeding $25 billion, driven by institutional interest and regulatory clarity.
6. Pro-crypto legislation like the CLARITY Act and GENIUS Act is expected to further accelerate RWA tokenization adoption.
Description
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