Nft Domains Explained – Starting at $5+

discuss subjects of the cryptocurrency world…Nft Domains Explained. using examples stories and examples so that you can easily comprehend them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that suggests for people getting into the complex crypto space prior to we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns means domain name service which is an expensive way of stating that it is a helpful service which allows us people to type in human readable addresses into the search bar and then it will immediately turn them into machine legible addresses so most of you are probably knowledgeable about ip addresses and those are precisely how a computer at one end of the web knows how to talk specifically to another computer system elsewhere and not simply shriek it into the void that is the web when you enter google.com and you hit enter your computer sends a message to your internet service provider saying yo where’s google the internet service provider discovers and goes to where google is tells them that you are trying to find them and after that gets a bundle back to send out to you now the package is then unpacked by your computer to reveal you the totality of the google.com home page using complex mathematics and software all of this

communication happens behind the scenes but to you it’s basic and easy to use in fact if we had to enter 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 internet because it makes good sense to us so that’s essentially what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the very same thing that i just discussed except it’s for ethereum ens stands for ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you desire by the way if you don’t have 20 and you wish 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 have actually been really hard at work creating but anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with someone is i ‘d have to share

Existing domain register to launch domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any kind of blockchain based domain you can move it to wherever you want whatever wallet you want with ease okay so now let’s delve into my laptop and enter into the tutorial area of the video where i want to show you unstoppable domain how to get a domain how to set up a specific wallet so you can attach the domain name that you purchased to your wallet etc so you can actually comprehend how to correctly use unstoppable domain so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this website is really simple you simply come here and after that you type in the domain that you desire right here and then click search now i desire simply want to mention that they do have specific price points for the number of characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain name the more costly it’s going to be so for example if i was come here and i type in my surname 2 400 uh i believe i’ll pass however anyways let me proceed and simply add this to haul for demonstration functions we’ll go to the carts which’s it fine 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 actually like i like that it’s flexible i like it’s that it’s not one of those unusual crypto sites 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 gateway you want to use alright and that’s it and so when 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 site dot crypto and that’s it how to declare your crypto domain address now the factor why you ‘d desire to go through the process and really claim uh your domain addresses since one then you in fact own it then 2 you can do whatever you desire with it if you want to go sell it on some type of like nft marketplace 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 simply an iou it’s an iou up until you actually move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it’s like a hot wallet i think you know this is you you haven’t claimed it yet so it’s an iou that you own this and so i just want to briefly reference at the time of this video that there are a couple of methods to claim your domain name the very first way is that you have to buy a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas charges look this the ethereum network you in fact have to pay uh to move things on and off by means of gas charges number 2 is you can pay the gas costs directly from your own wallet so if you already have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait till august so then they’ll have a scaling service that makes it easy to claim but anyways to get started is really easy so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we have to send 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 okay terrific now you’re like whoa what do i do pick wallet for claiming so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is particularly for ethereum now there are a couple of different wallets that they recommend 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 get start with metamask is easy meta mask there we go alright so we click here then we want to download it now click that install metamask for chrome fine and let’s go ahead and contribute to chrome add extension and there we go alright so now the metamask app is installed on our browser so we simply click start we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Nft Domains Explained