According to ChainCatcher, D3 Global, a domain financial infrastructure provider, announced today the official launch of the Doma protocol mainnet, introducing the world's first domains that can be traded as tokenized assets.
The mainnet launch reportedly introduced several high-end domain name assets, providing backing for token trading pairs on Doma. This landmark integration demonstrates how Doma can transform high-value domain names into liquid, tradable assets while preserving the underlying DNS compatibility and intrinsic value of the domains. By splitting scarce assets like Software.ai into ERC-20 tokens, Doma breaks the previous monopoly held by a few high-capital holders of high-end domain names.
Furthermore, Doma will leverage strategic partnerships with registrars to integrate over 36 million domain names onto the blockchain, creating a global network. Token holders can trade partial ownership of the underlying domain names, earn transaction fees by providing liquidity, or unlock practical functions through long-term staking, while the domain names themselves retain their value as internet assets compliant with DNS standards.
