D3 Global Partners with Identity Digital to Tokenize Domain Names

Strategic Partnership Between D3 Global and Identity Digital

On October 24, 2023, D3 Global, a prominent domain network company, announced a significant strategic registration partnership with Identity Digital, a leader in bridging the online world with domain names and related technologies. This collaboration aims to enhance interoperability between Web2 and Web3 by tokenizing new domain names within the Domain Name System (DNS) for billions of users.

Impacts of the Collaboration

This partnership is pivotal as it marks an important step towards integrating traditional internet infrastructures with emerging decentralized technologies. By enabling the tokenization of domain names, both companies are contributing to a more interoperable internet, where users can seamlessly navigate between conventional and blockchain-based systems.

D3 Global's Initiatives: Developer Program and Ownership Protocol

In conjunction with this partnership, D3 Global has launched two new initiatives aimed at expanding its ecosystem:

• D3 Developer Program: This program is designed to support developers in integrating Web2 and Web3 systems. It provides tools and resources that empower developers to create innovative applications utilizing domain name technologies.
• D3 Proof of Ownership Protocol Program: This initiative focuses on establishing a secure and verifiable way for users to own and manage their tokenized domain names, further enhancing user trust in the blockchain ecosystem.

Previous Funding Round

Earlier, on September 5, 2023, D3 Global successfully completed a seed funding round, raising $5 million. This round was led by Shima Capital, with notable participation from Arthur Hayes's Maelstrom among other investors. This funding has likely facilitated D3's ability to form strategic partnerships and launch new initiatives.

Looking Forward: The Future of Domain Names

The collaboration between D3 Global and Identity Digital signals a new era in domain name management, where the fusion of traditional and blockchain technologies could redefine ownership and usability on the internet. As these initiatives develop, it will be crucial to observe how they impact both developers and everyday users in the evolving digital landscape.

Conclusion

With a shared vision of enhancing digital experiences by merging Web2 and Web3, D3 Global and Identity Digital are poised to lead the charge in the future of domain names. Their partnership exemplifies the growing importance of interoperability in today's internet-driven world.