Web3 domains are digital identities that can be used on web3 platforms. These domains can be used as usernames when logging into dapps that accept them as credentials, and can also be attached to additional data such as website URLs or social media handles. Flare Domains allow users to easily send tokens and NFTs to one another and can potentially be used as a digital identity credential to access web3 dapps and services in the future.
The Flare community will soon have the opportunity to use these web3 domains, thanks to a partnership between Songbird Domains, Cyber Identity, and The Satraps team. The .flr domains will be introduced to the Flare community shortly after Flare Network goes live and will have various utilities, such as the ability to be voted on for use as a digital identity credential.
One of the key benefits of Flare Domains is their ability to facilitate the exchange of tokens and NFTs within the Flare community. With a Flare Domain, you can easily send and receive these digital assets using only a domain name instead of a full blockchain address. For example, you could go into your Flare Domains page and send $FLR to Cyberidentity.flr without even having to know their address. Web3 domains are a critical piece of infrastructure to bring mass adoption to decentralized technologies by providing a simple and user-friendly way for people to engage with the web3 ecosystem and participate in decentralized communities.
Web3 domains offer a more intuitive and familiar way for people to engage with decentralized applications (dapps), making it easier for them to participate in this new and rapidly growing space.
In the future, certain Flare Domain holders will be able to use their domain as a digital identity credential to access web3 dapps and services. This will be made possible through a partnership between Songbird Domains, Cyber Identity, and The Satraps team, who will be bringing additional domains with various utilities to the Flare community. These domains will be introduced and may be voted on for use as a digital identity credential through Satraps governance.
Copy Section Link
With Flare Domains as an identity infrastructure deployed on the Flare Network, we will be able to bring a host of new utilities to the Flare Community. Aside from identity verification through our partnership with Cyber Identity, Flare Domain owners can immediately enjoy voting power at the Satraps Court. Because we are partnered with the Satraps, the .flr domains will be the first tokens on the Flare Network that will be able to vote in web3 ethics.
The Satraps Court is a decentralized governance system that is designed to bring ethics and accountability to web3 ecosystems. One of the main responsibilities of the Satraps is to ensure that the web3 ecosystem operates in an ethical and transparent manner. They do this by reviewing proposals and voting on a range of issues, including codes of ethics, the evaluation of new ecosystem features, and the resolution of disputes. In addition, the Satraps are also responsible for educating and raising awareness about ethical issues within the web3 ecosystem. This can include topics such as privacy, security, and the responsible use of decentralized technologies.
The Flare Domain owners will be able to delegate their votes to other .flr names, in the same way that Satrap IDs work on the Songbird Network. Once the Satraps Court dapp is deployed, both Flare Domains and Satrap ID holders will be able to interact with each other and bring ecosystem issues, proposals, and analyses to the voting floor. #GroundUpGovernance
Taking Web3 To The Next Level
Copy Section Link