Nft Domain Marketplace 2022

describe topics of the cryptocurrency world…Nft Domain Marketplace. utilizing examples stories and examples so that you can quickly understand them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that suggests for individuals getting into the complex crypto space before we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns represents domain name service which is an expensive method of stating that it is a practical service which permits us people to enter human readable addresses into the search bar and then it will instantly turn them into device understandable addresses so most of you are probably acquainted with ip addresses and those are precisely how a computer system at one end of the web understands how to talk particularly to another computer system elsewhere and not just shout it into the abyss that is the web when you enter google.com and you struck enter your computer system sends a message to your internet service provider saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are searching for them and after that grabs a plan back to send out to you now the package is then unpacked by your computer system to show you the whole of the google.com web page using complicated mathematics and software all of this

communication occurs behind the scenes however to you it’s simple and user friendly in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets since it makes good sense to us so that’s essentially what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is basically the very same thing that i just pointed out except it’s for ethereum ens stands for ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you desire by the way if you don’t have 20 and you want to support the channel feel free to leave a like below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work producing but anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Existing domain name register to release domain name or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to anywhere you want whatever wallet you want with ease okay so now let’s jump into my laptop computer and enter into the tutorial area of the video where i want to reveal you unstoppable domain how to get a domain how to establish a specific wallet so you can attach the domain that you bought to your wallet etc so you can really comprehend how to properly utilize unstoppable domain so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to start with this site is really basic you simply come here and after that you type in the domain that you desire right here and after that click search now i want simply wish to discuss that they do have specific price points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain the more costly it’s going to be so for instance if i was come here and i type in my surname 2 400 uh i think i’ll pass however anyways let me go on and simply include this to haul for demonstration functions we’ll go to the carts which’s it alright and

You click on here checkout and that’s it and so you can pay with a credit card paypal crypto or you can pay with the crypto.com app and i truly like i like that it’s flexible i like it’s that it’s not one of those odd crypto websites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to utilize alright and that’s it and so as soon as you’re all set then you’ll have your my domain name list in your account and so we have right down there so i own my name dot crypto and make a website dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d want to go through the process and in fact claim uh your domain addresses because one then you really own it then two you can do whatever you desire with it if you desire to go offer it on some type of like nft market you can go ahead and do that fine so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou up until you in fact move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand it’s like a hot wallet i guess you understand this is you you have not declared it yet so it’s an iou that you own this and so i just desire to briefly mention at the time of this video that there are a couple of ways to claim your domain name the very first method is that you have to purchase a claim with credits cost so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas costs look this the ethereum network you actually have to pay uh to move things on and off via gas fees number two is you can pay the gas charges directly from your own wallet so if you currently have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait until august so then they’ll have a scaling solution that makes it simple to claim but anyways to get begun is extremely basic so we go here say if i desire to declare this one make a website.crypto we’ll claim with ethereum right there declare process began so now we have to send out the code by email so click that and so right over here we’ll jump over here and wait for the code to strike my inbox there it is we’ll take this all right so here is the code i’ll take this we’ll simply highlight that ideal click copy paste there we go boom put that in fine great now you’re like whoa what do i do select wallet for declaring so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is specifically for ethereum now there are a few different wallets that they advise so for desktop there’s meta mask for mobile you can

utilize the coinbase wallet trust wallet for me personally i like metamask if you’re going to be using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to utilize metamask so to begin with metamask is simple meta mask there we go fine so we click on this link then we want to download it now click that set up metamask for chrome okay and let’s go on and add to chrome add extension and there we go alright so now the metamask app is installed on our web browser so we just click start we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Nft Domain Marketplace