
A growing movement is advocating for the digitization of global assets through blockchain technology, with a focus on real estate and domain names. Notably, one proponent emphasized the potential to bring $300 trillion of global real estate onchain. Additionally, a blockchain company announced plans to transition over $10 billion worth of domain names onto the blockchain, aiming to enhance transaction speed and reduce marketplace fees. This initiative is seen as a response to outdated practices in domain trading, which have not significantly evolved in the past 15 years. The push for onchain solutions is positioned as a modernization effort to improve the efficiency and liquidity of digital assets.
An amazing sale, to be sure. BUT - domainers deserve better than waiting 20 hours to settle a transfer. Domainers are still writing checks while the rest of the internet uses Stripe. It's time we modernized domaining. By trading the onchain right to a domain instead of the… https://t.co/NPV7un0g8b
Domainers don't appreciate that their trading experience is still stuck in the stone age. The last great innovations in domaining were Fast Transfer & reseller networks, 15 years ago. We are entering an era of hyper-liquid domaining only made possible by bringing them onchain.… https://t.co/i4QLgTSb0q
on-chain worlds https://t.co/NYZnoaLn1h