Web3 Domain Alliance Expands with New Members

Web3 Domain Alliance Expansion

The Web3 Domain Alliance, a coalition dedicated to setting a standardized framework for Web3 naming services, has expanded its membership by welcoming 51 new members. Notable additions include Blockchain.com, Rarible, Wyre, Bitdegree, WazirX, and Klever. These companies are set to play a pivotal role in advancing the Web3 naming industry and enhancing the operations of Web3 domain registries.

Coalition's Focus and Goals

The Alliance, being member-led, concentrates on improving both technological and public policy aspects for users of Web3 naming services. With its expanded membership, the Alliance is prioritizing several critical areas. These include consumer protection, preventing naming collisions, ensuring fair and open use of intellectual property, and fostering interoperability across blockchain naming systems.

Promoting Innovation and Security

A central aim of the Web3 Domain Alliance is to champion industry standards, thereby promoting innovation within the Web3 domain sector. By establishing a secure and standardized environment, the Alliance seeks to facilitate the growth and adoption of Web3 technologies. This move towards a standardized framework is expected to drive the industry forward, ensuring a robust and secure ecosystem for its users.

The addition of new members signals a growing commitment to these objectives, as the Alliance continues to work towards creating a cohesive and innovative Web3 landscape.