The proliferation of the internet brought the world to the fingertips of users, and with it came a rush to register domains on the nascent network. Businesses like Amazon (NASDAQ:AMZN) were born on the internet, while many others took their real-life business online by registering a website.
Domain names remain an integral part of the internet, acting as the flagpole of the biggest brands, companies, institutions and individuals. But, the advent of blockchain technology and Web3 has ushered in a new paradigm for domain name hosting.