The Web3 Domain Alliance, a member-led coalition that aims to provide a standardized framework for Web3 naming services, has announced 51 new members, including Blockchain.com, Rarible, Wyre, Bitdegree, WazirX, and Klever. These firms will help promote the development of the Web3 naming industry and the functioning of Web3 domain registries, according to the company
The Alliance is a member-led coalition focused on improving the technological and public policy environments for users of Web3 naming services. With the addition of new members, the Alliance said that it will focus on consumer protection, preventing naming collisions, fair and open use of intellectual property in the industry, and interoperability of blockchain naming systems, among other topics. The collective goal of the alliance is to champion standards in the Web3 domain industry, thereby, promoting innovation and creating a secure environment.