Quik is a blockchain-based marketplace that enables users to mint, buy, and sell NFT domains with minimal effort and without the involvement of third parties.
The NFT domain marketplace on Quik now supports the minting of NFT domains with exclusive TLDs such as chain,metaverse, doge, shib and of course, bored. Each of these TLDs has a domain minting limit ranging from 1,000 to 20,000, and they operate on a first-come, first-served basis with limited supply designed to boost value.
There are no renewal fees, and it includes a one-of-a-kind NFT artwork. You can create your digital identity with Quik NFT domains and become a part of Web 3.0, the internet of the future!
What Quik NFT Domains?
NFT domains appear to be traditional domain names at first glance. However, upon closer inspection, you will discover that blockchain-based domain names have distinct functionalities and are superior in terms of added features.
Those who own a website are familiar with the hassle of having to renew their domain names on an annual basis or risk losing them to the open market. That is not the case with Quik NFT domains.
Quik’s blockchain-based unstoppable domain names are owned, not rented. The entire transaction is recorded on the public ledger, and once sold, it is yours until you decide otherwise.
Quik currently works with three blockchains: Ethereum, BSC, and Gate Chain. As a result, the entire system is tamper-proof, and you can store different transactions over time. The original minter also receives 5 to 10% royalties on subsequent sales.
Furthermore, the decentralized nature of the NFT domains available on Quik protects them from censorship by any central entity, including ICANN and registrars.
Even Quik does not have the authority to make changes once you own a blockchain domain.
When Quik launches its web browser and extensions in the future, domain owners will be able to use these domain names as crypto wallet addresses and universal usernames, as well as build DApps on top of them. Owners could also flip the domain on Quik and other NFT marketplaces.
Creating New NFT Domains
Minting is the process of registering an NFT domain on the blockchain through your crypto wallet in order to gain full custody of the crypto domain.
According to Quik, NFT domains address one of the primary challenges that Web 3.0 operators are attempting to address: providing end-users with direct ownership without the involvement of third parties.
Quik’s goal is to remove barriers to Web 3.0 innovation by providing a new way to sell, mint, and acquire NFT domains. By giving access to popular extensions like .shib and .bored Quik should have no shortage of customers looking to lock up top domains.
Here’s How to Get NFT Domains on Quik.com
The Quik marketplace now supports the creation of NFT domains with exclusive TLDs such as .chain, .metaverse, .vr, .doge, .shib, and .bored! Other extensions, such as .BTC, .Web3, and .address, will be added to the platform in the near future.
Any of your favorite available terms can be applied to these extensions. On Quik.com, the entire process is quick and easy, and you only need to click “Mint” over the domain in question. The entire process takes less than a minute!
You can also use its advanced search system to buy already registered NFT domains listed by others.
Creating an NFT domain using MetaMask on Quik.com
Sign up for a Quik account with Metamask or other crypto Wallet.
Search the list for the domain name you want to register. For example, yourname.shib.
If the domain name is available for minting, select “Mint” from the drop-down menu.
Approve the minting transaction in your wallet.
Once the purchase is approved, the domain name will appear in your Quik profile section along with your profile pic avatar.
One of the most important characteristics of an NFT Domain is self-custody. This is what decentralizes an NFT domain and gives owners complete control over the domain they’ve created.
A self-custody solution is possible because the domain is a blockchain asset that can be stored in a wallet like a cryptocurrency. This custody method gives security for your NFT Domain that traditional domains do not have.
Jay Speakman is a technology writer based in San Francisco, California. He writes on the topics of blockchain, cryptocurrency, DeFi and other disruptive technologies. Clients include Avalanche, Be[in]Crypto, Trust Machines and several blogs devoted to blockchain gaming. He will not rest until fiat currency is defeated.