🔥Decentralized Web3.0 Domain Liquidity Protocol.

Doaverse, The key to Web3 universe.

Doaverse is a domain liquidity protocol for Web3, providing user identity management, standard issuance and resolution of domains, and cross-chain transactions. It was launched in November 2022 and can be used at doaverse.io.

🌍Background:

Throughout the decades of Internet development, domain services have become an essential infrastructure and accordingly, related services such as domain registration, transactions, and data storage have formed a complete business ecosystem. This has also led to the creation of great commercial companies, such as Godaddy.In the decentralized domain service industry, the market registration and transaction volume has grown at a geometric multiple in recent years. The Ethereum-based domain service ENS has brought rich imagination to decentralized domain services and provided more application scenarios for domains in the development of Web3.0. It can be a decentralized account, a wallet address, an identity, and a proof of equity. It also has unlimited potential.

👀The Current Situation:

As Web3.0 develops, decentralized domain name services have become an essential infrastructure in the development of public chains, with over 30 main stream public chain domain name providers and over 60 domain name suffixes, growing at a fast pace. However, some pressing needs have been identified:

• The registration, trading, and management services for new public chains have low improvement levels.

• The issuance and management of domain names lacks a unified standard, application scenario and anchored value.

• In the process of cross-chain interaction, Web3 users form information silos for user information.

🚀Goal

Doaverse aims to achieve these goals by building multiple different DApps and protocols:

• Provide a multi-chain decentralized platform for registration, trade, and management of domain assets, as well as customized domain finance services.

• Establish a decentralized domain name resolution protocol that unifies different domain issuers' domain resolution rules, available to all DApps in the Web3 industry.

• Create a top-level domain name issuance protocol for Web3.0, to help DApps and brand partners issue their own top-level domain names with a single click, enabling multi-chain storage and resolution of user information and rights, and enabling cross-chain value circulation.

📌Document Description

This document portal is maintained by Doaverse Labs, Inc. and aims to be the most up-to-date source of information on the functions and production contracts of the Doaverse protocol. The Doaverse protocol is designed for users worldwide, and therefore, anyone is welcome to translate the contents of this document or articles posted on the Doaverse blog into their native language.