🧐 Do Web3 Domains Have Real Value? Let’s Discuss! 🚀
Domains like .eth (ENS) and .sol (SNS) are trending in the crypto world 🌐, but are they really valuable? 🤔 Here’s a hot take: their value depends entirely on recognition and adoption! 💡
🔥 Key Points to Consider:
• Traditional Domains: Value comes from being tied to famous brands or universally recognized (e.g., google.com 🏆).
• Web3 Domains: Mainly serve as wallet addresses or personal IDs for blockchain users (e.g., yourname.eth or cooldude.sol).
• Challenge? If they’re not widely used or recognized, they lack real-world value. 💸
📈 While some domains like vitalik.eth or btc.eth might hold value due to popularity, the rest? Often speculative. 🤷♂️ Without mass adoption, these domains may remain niche collectibles for Web3 enthusiasts.
🚨 But That’s Not Enough! 🚨
For tokens like ENS or FIDA to go higher in price, the ecosystem needs to offer more than just domains.
• Projects must innovate and provide new utilities, such as identity verification, Web3 integrations, or partnerships with major platforms.
• Without expanded use cases, the demand for these tokens may plateau, even if domain adoption grows.
What do YOU think? Are .eth and .sol domains the future, or just another bubble waiting to pop? 💥 Let’s talk about it! ⬇️
