Recently, I noticed some pretty interesting project developments. A certain protocol just acquired a domain name, and rumor has it the market valuation instantly soared to $18 million. What's even more crucial is that they're planning to use DNS-compatible blockchain technology to turn this thing into an asset that can circulate in DeFi.
This Layer 2 network called Doma is actually quite something—they claim they want to turn all 364 million+ global domain names into real-world assets that can be traded. The mainnet is scheduled to launch in November 2025. By then, domains will not only be able to be held in a fractionalized manner, but also support cross-chain operations. Simply put, it's about bridging traditional internet domain assets directly onto the blockchain, allowing more people to participate in investing in such assets. This approach of turning Web2 infrastructure into RWAs feels pretty innovative.
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CryptoGoldmine
· 17h ago
A valuation of 18 million sounds good, but how do you calculate the computing power yield ratio, and can the domain liquidity keep up?
With 364 million domains on-chain, how much Layer 2 throughput would it take to handle that? Without seeing the technical details, it's hard to believe.
RWA is the right direction, but from mainnet launch in November to actually reaching transaction volume, how do you estimate the investment return cycle, and where is the data?
Fractional ownership sounds appealing, but is the depth sufficient, or will it just become another liquidity trap?
Looking at the difficulty, this isn't a new idea—the key is still who has stronger execution and whether they can actually facilitate trading volume.
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GateUser-00be86fc
· 17h ago
The idea of putting domain names on-chain is indeed innovative, but isn’t a valuation of 18 million a bit fast? As I always say, let’s wait until the mainnet is actually up and running before making any judgments.
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WalletManager
· 17h ago
Daring to tell a story at an $18 million valuation? I’ll have to check the contract audit report first; the risk factor for RWA domains is a bit high.
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Wait, a DNS-compatible chain bridge... They need to ensure the private key management system is extremely strict, otherwise fragmented ownership could be a disaster.
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364 million domains? Sounds impressive, but how many can actually be traded on-chain? Need to calculate the real liquidity.
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The mainnet won’t launch until November 2025. If you buy now, you’d better be prepared for the long haul. My multi-sig wallet is already set up.
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The idea of domain assetization is good, but who’s responsible for cross-chain security? Haven’t there been enough painful lessons from previous bridge vulnerabilities?
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Honestly, this is basically a bet on the RWA track’s future. Right now, I only care about my holding costs and liquidity ratio.
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Looks like an opportunity, but I need to clarify the token allocation and governance weight. Don’t want it to end up as a tool for dumping on retail investors.
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MetaReckt
· 17h ago
An 18 million valuation just to buy a domain name? That logic is a bit hard to swallow, haha.
The pitch from Doma actually sounds pretty good, but I’m just worried it’s another PPT project.
Fragmented domain trading sounds sexy, but how many can actually put it to use?
Everyone’s piling into the RWA track right now; it’s hard to say who will really break out.
No need to hype it up until November 2025—let’s just wait and see for now.
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AirdropHermit
· 18h ago
18 million? I just want to ask how this valuation was calculated... sounds a bit inflated.
I'm actually quite interested in putting domains on-chain, but I'm not sure if it can really become liquid.
The idea behind Doma is pretty good, but the mainnet won't launch until 2025, so we have to wait... There's a lot of hype right now.
Fractional domain ownership... are they trying to copy the NFT model? Not sure if it will work.
Web2 asset RWA-ization sounds impressive, but how many people can actually use it in practice?
Wait, all 364 million domains worldwide can be put on-chain? That would require some insane infrastructure.
To be honest, it still feels like mostly hype—real implementation is what really matters.
Tokenizing domains is an interesting concept, but will this be another project where the concept outweighs reality?
If you ask me, let's wait until the mainnet goes live. It's too early to draw conclusions now.
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GweiWatcher
· 18h ago
$18 million valuation? Feels like another hype cycle, I'll wait and see.
The logic of RWA-izing domain names is indeed a bit novel, but how do they solve the liquidity issue of fragmented ownership?
If Doma can really move 360 million domain names on-chain, that would be insane... Feels more like a well-told story.
The mainnet won’t launch until next November? Can they survive until then, hmmm.
To be honest, I didn't really understand the DNS compatibility part. Can someone explain it?
It's not too late to hype it up after cross-chain operations actually go live. Right now, it's all just a PPT.
Isn't this just repackaging old assets? The core is whether the ecosystem can achieve scale.
Feels like this $18 million valuation is pretty inflated. The domain trading market is so quiet.
Web2 assets going on-chain sounds good, but what’s the actual use case?
Yet another "to the moon" project. Let's just wait and see, everyone.
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GateUser-5854de8b
· 18h ago
Ha, calling themselves the future with an $18 million valuation? I've heard the whole “domain names on-chain” thing too many times.
Wait, fragmented domain ownership? Isn't this just another tokenization scam?
Doma wants to put 360 million domain names on-chain? That sounds a bit exaggerated... Let's see the real results next November.
Honestly, I'm kind of tired of this whole RWA wave, trying to put everything on-chain—it's just domain names.
Let's talk when the mainnet launches. Right now, it's all just stories.
This idea isn't bad, but how many will actually be usable?
Feels like another project raising funds based on a story—where's the real liquidity?
Fragmented domain trading... that's a pretty wild idea, kind of interesting though.
Anyone can talk big, but real technology implementation is what matters.
Recently, I noticed some pretty interesting project developments. A certain protocol just acquired a domain name, and rumor has it the market valuation instantly soared to $18 million. What's even more crucial is that they're planning to use DNS-compatible blockchain technology to turn this thing into an asset that can circulate in DeFi.
This Layer 2 network called Doma is actually quite something—they claim they want to turn all 364 million+ global domain names into real-world assets that can be traded. The mainnet is scheduled to launch in November 2025. By then, domains will not only be able to be held in a fractionalized manner, but also support cross-chain operations. Simply put, it's about bridging traditional internet domain assets directly onto the blockchain, allowing more people to participate in investing in such assets. This approach of turning Web2 infrastructure into RWAs feels pretty innovative.