D3 Raises $25M Series A Led by Paradigm, Announces The First Blockchain for Internet’s 362M+ Domain Names

D3 to modernize the domain industry through the domain by announcing the start of the protocol at home

D3 Global, Domain Infrastructure Head of Domain, announced closure and $ 25m Round of financing of the series and led by paradigm. Significant investors, including Coinbase Ventures, Sandeep Nailwal, co -founder Polygon Labs, also joined the bike Dharmesh shahthe founder of Hubspot and Richard KirkendallThe CEO of Namecheap emphasizes the support of the Web2 and Web3 leaders for the domain, a decentralized financial layer that speeds up the growth of domains like 340 B+ assets in the real world.

D3 builds the world’s first domain network in the at home protocol, an innovative blockchain that transforms existing and future domains into a modern form of digital property. By announcing the launch of the D3 protocol, the D3 focuses on unlocking new liquidity, innovation and financial opportunities for the Internet domain industry and the main crypto community. The D3 domain network will offer participants considerable advantages such as assessment of assets, fractional ownership, domain -based loans and improved digital identity and branding.

Home Protocol: Decentralized Infrastructure for Domain

The at home protocol is the first purpose purposeful purpose for the Internet stakeholders and designed to meet the strict ICANN requirements and industry standards. This ensures that blockchain is fully compatible with the domain name system (DNS) and can be easily integrated with the tools and processes of the domain industry.

At home, it also creates a bridge for the future between DNS and Web3 systems, which provides both the domain status and effective operations across registers, registers and crypto communities, are properly mapped on the chain. Abstract at home, which is the basis of the complexity of infrastructure, including compliance with ICANN regulations and other DNS specific requirements in the domain value chain (renewal, management, transmission, etc.) allowing tokenization of existing and future domains on a verified basis. Through verified tokenization at home, it increases the composability, liquidity and interoperability of domains, which represents a paradigm shift in how domains are registered, traded and used across the ecosystems of Web2 and Web3. Developers can apply for early access to home.

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Together with the start of D3, the D3 also introduced a new domain community at the Dominion Conference conference:

• Solana: D3 and Solana Foundation together build an infrastructure that bridges the domains of Web2 and Web3 on the blockchain Solana, which further integrates the vision of Solany to support interoperable solutions of payments and identity. This includes a request for domains of the highest level of .sol a .solana (TLD) and tokenize traditional domains such as .com, .xyz a .ai.
• Avalanche: As a partner D3 plans to request and run the domain of the highest level .avax (TLD). As a flagship, the domain partner will provide Avalanche deficits and liquidity for the 340 B+ domain industry through its interoperable network and a huge ecosystem of developers.
• OneFootball: Through partnership with D3 plans to use domains. Football domains as an identity infrastructure for their global community with more than 180 million active monthly users.
• Plume: By integrating domains as a new vault category with the newly launched Nest protocol, Nest will allow the tokenized domain to generate institutional returns and democratize access to traditionally limited assets and opportunities.
• HOCKEY.com: Domainfi democratizes access to premium domains through fractional ownership of tokenized assets such as Hockey.com, while providing liquidity options for current owners.

“Internet domains have long been a valuable class of assets,” he said Fred HsuCEO and co -founder of D3. “And for the first time in almost three decades, we have the opportunity to modernize and transform the technologies and processes currently using the domain industry through the at home protocol. The domain economy will be listed in the new era of innovation and financial opportunities, because every domain, community and user come on-seams. ”

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“Domains were the first digitally native class of assets and are still one of the biggest,” he said Charlie NoyesParadigm General Partner. “They bring domains on the chain of more fluids and enable innovative new types of financial products to provide crypto ecosystems, such as Solan’s approach to names that work with the rest of the existing Internet. The D3 team is uniquely suitable for the reconstruction of the domain infrastructure for the future of digital markets and we are excited to support them. ”

Funds obtained from this round will speed up the D3 commitment to build a domain economy, including technologies to expand the functionality of the domain as composable assets and programs on the system operators on board domain names – such as registers and registers – to use domains for their operation. Through the strategic partnership within the traditional domain industry and the highest communities Web3, the D3 will prepare a way for the domain to democratize ownership of digital assets for more than 5 billion Internet users and transform the domain industry in a global scale.