We’re excited to announce a collaboration with Coinbase Wallet, Coinbase’s self-custodial wallet, aimed at making onchain domain ownership accessible to a broader audience. Now, Coinbase Wallet users have an opportunity to tokenize their domain names through a Coinbase quest.
What are Coinbase quests?
Coinbase Quests are interactive challenges offered within the Coinbase Wallet app. They’re designed to teach users about blockchain technology, web3 apps and the various activities possible on the blockchain, such as trading, tokenizing assets, and exploring decentralized applications. By completing these quests, users can earn rewards, often in the form of cryptocurrency tokens. It’s a fun and engaging way to learn more about crypto while getting some hands on experience.
Before we start, ensure you’ve taken the initial steps to get involved:
- Download the Coinbase Wallet app for either Android or iOS.
- Access the “Explore” tab within the app and navigate to the quests section to find the quest titled “Tokenize Your First Domain On-Chain.”
Now, let’s dive into the steps to secure your onchain domain:
Step 1: Fund your wallet on Optimism
Fund your Coinbase Wallet with ETH on the Optimism network. You’ll need at least $20 of ETH or USDC to purchase a domain
Step 2: Sign into your 3DNS account
If you do not already have one, create a 3DNS account. When the “Signature Request” comes up, click “Sign”.
Step 3: Purchase domain
Select “Crypto” as your payment method and purchase domain with USDC or ETH. You must purchase it with crypto to complete the quest and earn the reward. Click “Checkout” again.
Step 4: Add your WHOIS contact information
Complete the WHOIS identification if you do not already have a profile. This information is legally requested of all domain purchasers.
Step 5: Complete domain purchase
Finalize the transaction to officially claim your domain onchain.
Why this is a Big Deal
By completing this quest, you receive $20 back in OP, which helps reduce the cost of acquiring a tokenized domain. This quest aims to make onchain domains more affordable and accessible. With Coinbase’s extensive user base, 3DNS has the unique opportunity to introduce onchain domains to millions of crypto enthusiasts globally, pushing forward the widespread adoption of onchain traditional web domains.
For newcomers to blockchain or those curious about the potential of domains onchain, this collaboration offers a perfect introduction. 3DNS is focused on making onchain domains accessible to a broad audience, making it easier for anyone interested in exploring this innovative space.
Happy onchain domaining! 🟢🟩
By leveraging Coinbase Quests to educate and incentivize users, this quest not only simplifies the process of tokenizing domain names but also accelerates a new frontier of possibilities with domains for both novice and experienced users in the crypto space.