Quik․com launches update for its NFT domains

by James · October 11, 2022

sponsored

The long awaited big update to Quik.com has now been made available to users, bringing them brand new features like the editor feature and the Quik API, with more planned for the coming weeks and months.

Quik.com is a P2P NFT domain marketplace that offers NFT top-level domains running on the ERC-721, ERC-1155 and BEP-721, BEP-1155 blockchain-based protocols. The basic specifications regarding the October 2022 upgrade, as well as those coming next week and next month, were included in a recent press release published by Quik.com’s official support team.

With the launch of the new Quik API, which is driven towards connecting all upcoming features with smooth speed and flow, along with more decentralized benefits for NFT domain owners, Quik.com plans to integrate more features into its ecosystem to enhance the user – accessibility, user experience and user engagement.

What’s in the new Quik.com update?

Quik.com has just launched a new “edit” feature that enables NFT domain owners to update their NFT domain with owner-specific information such as address details, URLs, text records and cryptocurrency wallet addresses. Users will be able to recognize and understand NFT domain owners as well as how they have utilized their NFT domain to improve connectivity and networking with each other.

The new “edit” feature also allows users to add NFT domain usage, giving others the opportunity to learn about and explore NFT domains. In addition, Quik.com expanded support for six blockchains, including ETH, BTC, DOGE, BNB, SOL and LTC.

By creating new channels for user growth, connection and engagement, the update aims to improve the user experience with supported cryptocurrencies. The most awaited update among Quik users was the new “Quik API”, which unifies all the features and offers a connected, user-focused and improved experience for users with front-end API tools and API documentation, to be live for the general user next week.

Along with a “template builder” that will make website creation much easier for Quik users, the company is also introducing a “chrome extension” to integrate agile accessibility solutions for users and connect to web applications. Quik users will now have preloaded tools available to host decentralized Web 3.0 websites and creatively design them engagingly and thoughtfully using the new Quik.com template builder.

Quik.com worked with various web development companies and developers to offer several notable premium features for Quik users, showcasing the update’s potential and the pace at which it improved the Web3 domain name market.

Important note

Hosting decentralized websites and converting non-human-readable random algorithmic crypto wallet addresses into human-readable NFT domain names with customizable extensions are the two most frequent uses for NFT domains.

With many cryptocurrencies now enabled, Quik.com’s latest upgrade concentrates more on improving the user experience while opening up more options to connect NFT domains to various crypto wallets. In addition to hosting decentralized websites with built-in design and user engagement tools.

What is an NFT domain?

An NFT domain is a decentralized domain with extensions such as .web3, .metaverse or .vr that is available as a smart contract listed on a public blockchain. NFT domains can be stored in a cryptocurrency wallet and used to host decentralized websites, change crypto wallet addresses, connect to digital assets and can be stored as an asset.

Since no one, not even the NFT domain marketplace, can disrupt an NFT domain or its use case once minted, NFT domains are the domains of the future. The user who creates the NFT domain takes sole ownership, control and administration of it.

NFT domains are created for a one-time fee; the user is not obliged to pay a monthly or annual subscription fee. As an added benefit, the Quik.com NFT domain owner receives a 5-10% royalty on all subsequent sales of the NFT domain. You can buy NFT domains on Quik.

Advantages and use of NFT domains:

Once minted, the owner has complete authority, rights and control over the NFT domain without centralized or third party intervention.
NFT domains can be used to host decentralized websites and also to connect and host metaverse properties on web3.0 with NFT domains like myproperty.metaverse.
Users can buy, sell, exchange and trade on Quik.com’s P2P NFT domain marketplace solutions, which also allow users to connect, engage and trade on the platform.
NFT domain owners are sole owners who are responsible for the domain for how it is managed or used. If the owner wishes to sell the NFT domain, Quik.com offers a 5-10% royalty to the owner on each subsequent sale of the NFT domain.
For example, users can use the NFT domain to replace their non-human readable random crypto wallet algorithms with human readable and customizable wallet addresses by using the NFT domain name. For example, wallet address: hhe209on#sfje%nae@; replace with NFT domain: mywallet.metaverse

How to create an NFT domain?

Minting is the process of registering the NFT domain ownership and it requires a cryptocurrency wallet, credential verification and funds. Following are the steps users can take to create an NFT domain on Quik.com:

Step 1: Web search for quik.com, which will land the user on Quik.com’s main page.

Step 2: Before proceeding, make sure to login or register with the Quik.com ecosystem and link your MetaMask wallet with verified credentials.

Step 3: Once logged in, click on the search field and enter the “name” to create an NFT domain. Once entered, click search or press enter, which will display a list of how the selected name will go with NFT domain extensions available on Quik.com, such as mywallet.btc, mywallet.metaverse, and so on .

Step 3: On the top line of the front page, click on the NFT domain. It will display a list of NFT domains available in the Quik.com ecosystem and select the desired NFT domain extension for embossing, such as .metaverse, .web3, .vr, etc.

Step 4: Once the NFT domain extension is determined, click on the displayed NFT domain name and extensions, for example mywallet.metaverse.

Step 5: Once clicked, it will land on the mint page with a mint button available in bold. Click on mint and it will guide you towards payment processing.

Step 6: Make sure the required cryptocurrency is funded in the wallet before confirming the payment and securing the NFT domain.

Step 7: Once payment is confirmed, the NFT domain is added to the wallet, which disconnects Quik.com and makes the NFT domain owner the rightful owner and sole controller of the NFT domain.

As Web 3.0 evolves and opens new avenues for developers to explore in the decentralized space, NFT domains are proving to be central to connecting users with rapidly evolving decentralized technology and allowing them to participate in it. The benefits of owning NFT domains are many and continue to grow.

Quik.com’s plans

The NFT domains offered by Quik.com give users every opportunity to explore decentralized areas and all their features, from expanding their paths through changing crypto wallet addresses to hosting decentralized websites for users.

By removing the complexity of non-human readable algorithms and decentralized functions, Quik.com’s new version focuses on making things more accessible, user-oriented and easy to have a better view and knowledge of NFT domains.

Users often get confused by the concept of decentralization and give up thinking ahead and exploring the feature. Even tech giants are new to this decentralized concept. Quik.com intends to connect and jump on decentralized technology and Web 3.0 in its infancy, exploring new avenues of creative discovery alongside tech giants.

Before the decentralized web 3.0, it was impossible to compete against tech giants on the centralized web 2.0, but Quik.com now offers users the chance to embark on their decentralized journey and spread their wings of exploration.

Traditional wallets will soon be replaced with crypto-wallet addresses, and leveraging NFT domains will make things even easier for exchanges by replacing random algorithms with simple, human-readable crypto-wallet addresses.

Quik.com acts as a gateway for all, as the P2P marketplace now offers a customizable experience where users can customize not only crypto wallet addresses, but also decentralized websites to enhance and showcase their creativity with transparency, fearlessness and without third-party interference over their content .

Why Go Ghost? When you can decentralize hosts! – Quik.com

Media

Bitcoin.com is the premier source for all things crypto. Contact the media team at [email protected] to discuss press releases, sponsored posts, podcasts and other options.

Image credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or an endorsement or recommendation of products, services or companies. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is directly or indirectly responsible for damages or losses caused or alleged to be caused by or in connection with the use of or reliance on content, goods or services mentioned in this article.