One post tagged with "Domain"

NameFi.io: Turning Every Domain into a Programmable Asset​

A one-sentence summary for BlockEden.xyz developers: NameFi mints your familiar Web2 domains (.com, .xyz, and 300+ other TLDs) directly into NFTs, preserving full DNS compatibility while unlocking new possibilities for on-chain trading, collateralization, and identity.

For developers building on BlockEden.xyz, this represents a massive opportunity to bridge the gap between Web2 and Web3. Imagine a world where your users no longer copy-paste long hexadecimal addresses but can send funds directly to yourbrand.com. This is the future NameFi is building today.

Why NameFi is a Game-Changer​

1. Register Once, Use Everywhere: The Seamless Web2 & Web3 Bridge

Unlike many Web3 domain solutions that require migrating away from existing infrastructure, NameFi respects and builds upon the legacy DNS system. When you register or import a domain on NameFi, its traditional DNS functions continue to work flawlessly, ensuring your website, email, and other services operate without interruption. Simultaneously, the domain's ownership is immutably recorded as an NFT on-chain, opening the door to the decentralized world.

2. Security Backed by ICANN Accreditation

Trust is the bedrock of the decentralized web. NameFi is one of the few domain registrars to be officially accredited by ICANN (Internet Corporation for Assigned Names and Numbers). This means that while NameFi offers innovative on-chain services, it also adheres to the highest global standards for internet infrastructure, successfully blending decentralized flexibility with enterprise-grade compliance and security.

3. "Gasless DNSSEC" with AutoENS

For many developers and users, high gas fees are a major barrier to blockchain interaction. NameFi's AutoENS feature elegantly solves this problem. Through its innovative "Gasless DNSSEC" technology, you can map your domain to an ENS subdomain with a single click. When a user sends crypto to this address (e.g., yourdomain.xyz), the cryptographic signature is verified automatically, requiring zero gas fees from you or the user. This dramatically lowers the barrier to entry for mainstream adoption.

4. Unlocking Financial Composability

Historically, domain trading has been slow, opaque, and inefficient. By minting domains as ERC-721 NFTs, NameFi changes everything. Your domain name is now a liquid, programmable asset that can be:

• Traded on any major NFT marketplace like OpenSea and Blur.
• Used as collateral in DeFi protocols to borrow assets and improve capital efficiency.
• Leveraged as a governance token in DAOs, representing identity and voting power.

As highlighted in reports by industry analysts like Messari, this injects unprecedented liquidity and utility into the multi-billion dollar traditional domain market.

The Core Workflow: From DNS to NFT​

1. Register / Import → Mint NFT: When you register a new domain or import an existing one through NameFi, the platform's smart contracts automatically mint a corresponding NFT on Ethereum, writing ownership and expiration data on-chain.
2. DNS ↔ On-Chain Sync: DNS records are cryptographically signed via DNSSEC and synced to the smart contract, ensuring data integrity. Conversely, when the domain NFT is transferred on-chain, NameFi ensures that DNS control remains live and available to the new owner.
3. Trade / Collateralize / Integrate: As a standard ERC-721 token, your domain NFT can be listed on any marketplace or integrated with any compatible protocol, from DeFi lending platforms to DAO tooling.

Synergy with BlockEden.xyz: Practical Integration Scenarios​

NameFi’s vision perfectly complements BlockEden.xyz's mission to provide robust, high-performance, multi-chain infrastructure. Here are a few ways developers can start building today:

• Human-Readable Wallet Addresses:

  In your dApp's frontend, use a BlockEden RPC endpoint to resolve a .com or .xyz domain directly to its corresponding wallet address. This creates a frictionless "send-to-domain" user experience.

• Domain Risk Monitoring:

  Leverage the BlockEden Indexer to subscribe to Transfer events on NameFi's domain NFT contract. This allows you to monitor the movement of high-value or brand-related domains in real-time, helping you detect potential phishing attacks or malicious transfers and trigger alerts.

• One-Stop API Delivery:

  NameFi plans to list its core APIs—including registration, renewal, and DNS management—on the BlockEden API Marketplace. This means developers will soon need just one BlockEden API key to access both multi-chain node infrastructure and powerful domain services, dramatically simplifying the development stack.

Get Started Today​

A domain name is no longer just a string of characters; it's a programmable, composable asset. It's time to write it into your smart contracts, integrate it into your wallets, and build a truly human-friendly entry point for your dApp.

1. Visit NameFi.io to apply for beta access and import or register your first on-chain domain.
2. Join the Community: Hop into the joint BlockEden & NameFi Discord to share your integration ideas and get early access to SDKs and examples.
3. Follow the Blog: Stay tuned to the official BlockEden blog for future posts on best practices and performance benchmarks for the NameFi API.