Did You Know? When you search for a product online and then receive customized product recommendations. It's essentially the program or service selling your data to ad companies without your knowledge, making you the "product."
Centralized server-based websites, programs, and so on are walled gardens where one identity cannot be linked to another, fragmenting a user into several identities and personalities depending on the channel and destabilizing the reputational system.
Furthermore, whether you register an account on one application or host a website for yourself using an ICANN-based domain, do you own it? You might believe it is yours because you created the account or paid for the domain, and well, that's not how it works.
When you make an account on any website or application, it does not charge you money to register an account. Still, it does charge you internally by gathering all of your data and uploading content, which is why you are constrained to the fear of being banned by the application.
Similarly, when you host a website, you put in everything to provide a great customer experience while simultaneously paying a lot of money for the name and its registration, as well as paying renewals, only to find that ICANN and its governing bodies own the domain and can take it down at any time. You're just renting it from them.
Furthermore, since user data is held in a single location, these centralized server-based services are more vulnerable to hacking. Similarly, maintenance and other dangers are involved.
Before you continue reading, consider the following: What can you do with a domain?
Since centralized server-based traditional domains are website-only assets with no other capabilities, that is the only conceivable answer. The constraints limiting technical breakthroughs make it difficult for developers to produce new inventions or experiment with solutions.
With the introduction of decentralization, blockchain technology ushered in a revolution, giving humanity the vision to control, manage, and own their data, experiment with unlimited technologies, and, most importantly, not rely on a centralized server.
Blockchain technology is a peer-to-peer distributed network of nodes that stores data in a chain of blocks. As new information is added, it is distributed across all computer networks along with a timestamp that marks the change.
It then distributes the information around the network rather than holding it in a single location centralized database, making tampering with the blockchain more difficult. Nevertheless, sending apps on the blockchain involves much more than communicating IP addresses.
The method by which centralized servers interact via IP addresses, with each website having its address, such as 126.96.36.199. Blockchain technology also interacts using 42-character addresses that begin with "0x" and continue with aswerhs93njfu52ndshtri30-aopqwo93nfk3ubt0w2bsoir alphanumeric characters.
This prompted the development of NFT domains, similar to regular domains, to make the technology more human-friendly by replacing blockchain addresses with meaningful NFT domain names by Quik.com.
NFT domains are personalized human-readable names that replace complicated blockchain addresses on blockchain technology with human-readable NFT domains on Quik.com.
Quik.com Web3 domains will soon become a widespread necessity for operating services on Web3 since the web is also advancing on the blockchain with the introduction of Web3, just like how traditional dot-com boomed. So are these decentralized NFT domains also limited to website names?
NFT domains can:
- Host decentralized websites
- Become your one-for-all identity
- Facilitate human-friendly digital transactions and exchanges
- Enhance NFT's presence
- Create a decentralized monopoly for business
- Allow businesses to manage decentralized operations, etc.
It is not just a website-only name but also a utility-driven feature that holds the entire reputation of decentralized space and its adoption.
It has socially enhanced developers' technological imagination and provided average people and businesses a platform to explore how they want, own, and control their data and manage and share it with authorization.
Social implications of NFT domain ownership and exclusivity
NFT domains built a society-focused platform for the good of society and how society should be, independent of choice, speech, and a boundary-less platform where constraints are merely exclusivity.
Quik.com NFT domains have taken humanity in a new direction by letting people construct a decentralized identity with complete ownership, eliminating the exclusive influence of centralized servers and regulating agencies such as ICANN, IANA, and others.
Also, applications that collect and sell your data without your knowledge are eliminated throughout this process. The user who owns the domain name is the single owner and manager of Quik.com NFT domains, and he or she determines what data to share with an application.
The entire ownership power is now solely in the hands of the legitimate owners, effectively eliminating the function of centralized monopoly and data manipulation. A smart contract-based NFT mechanism powers the ownership, giving each user a distinct identity.
Since it is an NFT, the NFT domain is token-based. It may be easily transferred, sold, bought, traded, and swapped from one user to another with complete ownership rights because the wallet holding the NFT domain is only considered the lawful owner.
NFT domains, like all other NFTs, are tokenized so that numerous users can hold them, allowing for easy transfer, exchange, minting, and trading. Tokenization protects sensitive data by encoding it as a token that is indecipherable by humans.
There is no mathematical relationship between the token and the encrypted code. The complete process covers various use cases and applications, including NFT domain-based hosting websites and the other applications described above.
This results in a perfect score for ownership when using NFT domains. It provides security, privacy guarantee, and identity control while permanently excluding third-party interventions due to its permanent ownership and lack of leasing mechanics.
What is more vital from a social standpoint than acquiring control of your data, information, credentials, content, website, transactions, and so on? NFT domains pamper all these qualities and build a self-contained solution for the "USER" rather than the organization.
We hope you are now aware of the basic social implications of NFT domain ownership and how it has eliminated the need for centralized power and application privileges, leaving everything to the user to determine.
So, why wait?
Mint now and unlock your identity with NFT Domain!