Coinbase is joining forces with ENS to deliver no-cost Web3 usernames.
Through a collaboration with the Ethereum Name Service (ENS), Coinbase aims to provide users with free Web3 usernames, a strategic move to lure in new participants and promote greater Web3 engagement.
The unique Coinbase usernames, referred to as 'cb.id,' will serve as subdomains within Coinbase's DNS framework. Notably, the cb.id is registered under the ENS protocol, enabling .eth domain holders to craft digital identities linked to their current addresses.
Before the partnership with Coinbase, the ENS had already experienced a significant surge in demand, with various collections of short-numbered domains, such as three, four, and five-digit ENS names, selling out rapidly, alongside numeral-based addresses in Arabic and Chinese.
In recent months, high-value collectors have eagerly sought after various ENS domain collections. In early May, three and four-digit domain names sparked interest, reaching prices around $401,100 at that time.
Recently, some individuals have been able to secure negative-number ENS domains like '-063.eth', although this collection is yet to receive official listing status. Regardless, the prices for these tokens continue to rise. high demand . In July, the ENS domain “000.eth” was sold for 300 ETH DressX has made its debut with the first complimentary design for the Meta Avatar Store.
Please be aware that the details shared on this page should not be regarded as legal, financial, or investment advice. It is crucial to only invest what you can afford to lose, and if you have any uncertainties, consider seeking guidance from a qualified financial expert. For more information, we recommend looking into the terms and conditions or the help pages provided by the issuer or advertiser. MetaversePost strives for accurate and impartial reporting, but please note that market conditions may change without notice. ENS.Vision Valeria contributes as a reporter for Metaverse Post, focusing on fundraising efforts, artificial intelligence, the metaverse, digital fashion, NFTs, and all things Web3.
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