Namefi.io Secures Seed Grant from Starknet Foundation for Domain Tokenization Platform 🚀

According to Foresight News, Namefi.io, a pioneering domain tokenization platform, has received a Seed Grant from the Starknet Foundation. While the exact amount of the grant has not been disclosed, this support underscores the platform’s potential in the growing blockchain and NFT space.

Namefi.io allows users to tokenize domain names by supporting the registration or import of over 300 top-level domains (TLDs). Once a domain is imported, it is tokenized as an NFT, representing the user's DNS ownership on the blockchain. When the DNS domain is exported, the corresponding NFT is burned.

This innovation bridges the gap between traditional domain systems and blockchain technology, making it easier for users to manage their digital assets in a decentralized way.

Stay tuned for more updates on this exciting development!

#Namefi #NFT #Blockchain #DomainTokenization #Starknet #CryptoInnovation #TLD #DNSOwnership