AllDomains: Redefining Web3 Identity on Solana

TL;DR

AllDomains is a groundbreaking Web3 platform built on Solana that allows users to create, register, and trade customizable domain names. It enables anyone to establish their own Top Level Domain (TLD), uniting communities under unique brands. AllDomains bridges the gap between Web2 and Web3 by supporting traditional Web2 domain registrations (like .ID domains) on the Solana blockchain, merging the utility of regular domains with the tradability and composability of NFTs. With unique features like renewable domains, hybrid Web2/Web3 functionality, multi-chain support, and diverse claiming options, AllDomains is redefining how we think about domain names and digital identity in the Web3 era.

What is AllDomains?

AllDomains is a comprehensive Web3 protocol built on Solana that enables users to create, register, and trade highly customizable Web3 domain names. Unlike traditional domain services, AllDomains opens up the creation of Top Level Domains (TLDs) to everyone, allowing any individual, community, or project to establish their own unique namespace.

This means that instead of being limited to standard TLDs like .com or .org, users can create and register domains under custom TLDs like .DAO, .NFT, or .DEFI that represent their brand, community, or area of interest. This unlocks a new level of personalization and brand identity in the Web3 space.

But AllDomains doesn't just cater to Web3 natives - it also bridges the gap to the traditional Web2 world. The platform enables the registration of Web2 domains (starting with the .ID TLD) directly on the Solana blockchain. This means users can access the functionality of a regular domain name while also enjoying the benefits of NFT domain ownership, like easy tradability and composability with other Web3 applications.

How AllDomains Works

Using AllDomains is designed to be intuitive for both Web3 natives and newcomers. Here's a quick overview of the key steps:

1. Create or Choose a TLD: Users can either create their own custom TLD (subject to approval) or choose from an existing list of AllDomains TLDs.

2. Register a Domain: Once a TLD is selected, users can search for and register an available domain name under that TLD. Domains can be registered using SOL or the native ALLDOMAINS token.

3. Claim and Manage: After registration, the domain NFT can be claimed to the user's Solana wallet. From there, users can manage their domain settings, link it to Web2 DNS records or IPFS hashes, and even wrap it as a tradable NFT.

4. Trade and Transfer: Domain NFTs can be listed and traded on NFT marketplaces that support the AllDomains standard. This enables a fluid secondary market for valuable domain names.

5. Renew or Release: To prevent squatting, most AllDomains names are registered as renewable domains that expire if not renewed. This ensures a fairer and more accessible domain market.

Features and Innovations

AllDomains introduces a range of groundbreaking features that set it apart from traditional domain name services:

• Custom TLD Creation: Any user, community, or brand can create their own TLD, enabling a new level of personalization and community-building in Web3 naming.

• Hybrid Web2/Web3 Domains: AllDomains bridges traditional DNS functionality with NFT ownership and tradability, starting with the .ID TLD.

• Renewable Domains: Most AllDomains use a renewable registration model to prevent squatting and keep the domain market accessible.

• Multi-Chain Support: While built on Solana, AllDomains is designed to be multi-chain, with future support planned for other major blockchains.

• Domain NFT Wrapping: Domains can be wrapped as tradable NFTs, enabling a vibrant secondary market and composability with other NFT applications.

• Flexible Claiming Options: Domains can be claimed using SOL, ALLDOMAINS tokens, other SPL tokens, or even by NFT ownership or QR code. This makes claiming more accessible and enables new use cases like event ticketing.

• DAO and Community Empowerment: Custom TLDs enable DAOs and communities to create shared identity and brand value in their naming systems.

• Yield-Bearing Domains: AllDomains is exploring staking and yield generation opportunities for domain holders, turning names into productive assets.

Use Cases and Opportunities

The flexibility and composability of AllDomains unlocks a wide range of compelling use cases:

• Personalized Web3 Identity: Users can craft unique, memorable Web3 identities that represent their interests, affiliations, and values.

• Community Domains: Projects, DAOs, and communities can create shared naming systems that strengthen brand awareness and enable value capture.

• Branded Subdomains: Projects can issue subdomains (like name.project.tld) as rewards, access passes, or credentials.

• Domain Trading: Valuable domain NFTs can be traded on secondary markets, creating a new asset class and investment opportunity.

• Integrated Web2/Web3 Presence: Hybrid domains enable users and brands to unify their Web2 and Web3 identities and presence.

• Ticketing and Access Control: QR-claimable domains can function as event tickets, access passes, or proof of membership.

• Yield Opportunities: Domain staking and fee sharing enables domain holders to generate yield from their names as the ecosystem grows.

The AllDomains Team

AllDomains was founded in 2021 by a team of experienced blockchain developers and domain industry veterans. The core team includes:

• Vlad (CEO): Serial entrepreneur with over 20 years in web development and advertising. Crypto builder since 2017.

• Victor (CTO): Solidity and Rust developer with a background in cybersecurity and experience securing high-value blockchain apps.

• Ana (COO): Former executive at a major domain registrar with deep expertise in DNS and domain operations.

The team's unique blend of Web2 domain expertise and Web3 development chops has enabled them to create a platform that bridges the traditional domain industry with the expanding Web3 ecosystem on Solana and beyond.

The ALLDOMAINS Token and Tokenomics

The native ALLDOMAINS token plays a key role in the AllDomains ecosystem:

• Access: ALLDOMAINS is required to create custom TLDs and can be used to pay registration and renewal fees at a discount.

• Governance: ALLDOMAINS token holders can participate in the AllDomains DAO to vote on key protocol parameters, fee structures, and TLD approvals.

• Staking and Fees: A portion of protocol fees are shared with ALLDOMAINS stakers, enabling them to capture value from ecosystem growth. Staking also boosts rewards in a TLD's fee pool.

• Incentives and Rewards: ALLDOMAINS incentives are used to attract top TLD creators, marketers, and community builders to the platform.

There is a fixed supply of 1 billion ALLDOMAINS tokens, with the following distribution:

• 25% sold in a public token sale to distribute ownership
• 25% allocated to ecosystem rewards and incentives
• 20% held by the AllDomains treasury for development and operations
• 15% allocated to the core team and future hires
• 10% reserved for future fundraising rounds
• 5% airdropped to active .SOL domain holders to seed adoption

Security and Audits

As a protocol responsible for a critical Web3 naming infrastructure, security is paramount for AllDomains. The smart contracts have been audited by multiple third-party firms and the core team includes experienced blockchain security experts.

Key security features include:

• Pausable Contracts: In the event of a discovered vulnerability, domain minting can be paused to prevent exploit.

• Strict Access Controls: TLD and registrar permissions use strict role-based access controls and multi-sig safes.

• Renewable Registrations: Renewals prevent the permanent loss of domains if a TLD creator goes defunct.

• Anti-Squatting Measures: Blocklists and pricing tiers prevent the mass registration of valuable domains.

• NFT Security Best Practices: AllDomains NFTs follow the latest Solana token standards and security best practices.

The AllDomains bug bounty program incentivizes whitehat discovery and responsible disclosure of any potential vulnerabilities.

Future Roadmap

AllDomains has an ambitious roadmap to expand its feature set and solidify its position as the leading Web3 naming service on Solana and beyond:

• Expanded TLD Offerings: Open applications for anyone to create a new TLD, expanding the domain namespace.

• DAO Governance: Transition control of the protocol to the AllDomains DAO for decentralized community governance.

• Solana Integration: Deeper integration with the Solana ecosystem, including native support in wallets and dapps.

• Cross-Chain Expansion: Bring AllDomains to other major chains like Ethereum, Polygon, and Cosmos.

• DNS Integration: Simplified management of hybrid Web2/Web3 domains with native DNS integration.

• Subdomains and DNS for DAOs: Tools for DAOs and communities to easily manage subdomains and records for their TLD.

• Marketplace and Registrar Networks: Expand the ecosystem with a native marketplace and support for third-party AllDomains registrars.

• L1 and L2 Scaling: Optimize the protocol for low-cost and high-speed registrations using novel L1 and L2 scaling techniques on Solana.

As Web3 expands, AllDomains aims to be the cross-chain standard for decentralized naming, powering a rich ecosystem of domain-based identity, community, and value.