NexBLOC Archives - AsiaPEVC.com

Ankit Sahni, Leading IP and Technology Attorney, Joins NexBloc’s Advisory Board

NexBloc today announced that Ankit Sahni (www.linkedin.com/in/ankitsahni/), leading Indian intellectual property counsel will join NexBloc’s Advisory Board as a Strategic Advisor.

Aditya Walia (www.linkedin.com/in/aditya-walia-23aab8a2/), Co- Founder of NexBloc, stated that, “Ankit is highly respected in Indian and international business circles for his contribution to IP and technology laws. We are honored to have him on our Board of Advisors as we look to make the new internet a safe and user-friendly area that builds upon the advances of Web 2.0.

NexBloc is developing infrastructure for the decentralized web with their domain naming system (dDNS) to make Web 3.0 a usable ecosystem of connected websites and applications. They use an omnichain approach by creating root domains on core blockchains and then interconnecting any blockchain for use of a consistent naming path.

With NexBloc’s strong development and investor relations group in India, Mr. Sahni will help drive Private Label partnerships as NexBloc expands its offering for specific regions.”

About NexBloC

NexBloc is building the next generation of the internet with decentralized DNS at the core. Digital entities tied to the decentralized web are the future of personal data protection and use.

Founded as a USA company in 2020, NexBloc uses technology stacks to create custom deployments of dDNS systems. NexBloc has a deep history of development in India and continue to expand in the region. They currently have over ten private decentralized top-level domains (dTLD) in various forms of deployment.

Domain Website: https://domain.nexbloc.com/
Website: https://www.nexbloc.com/
LinkedIn: https://www.linkedin.com/company/80164369
Medium: https://medium.com/nexbloc
Twitter: https://twitter.com/nexbloc
Telegram: https://t.me/nexbloc

If you think a custom, decentralized top-level domain would benefit your enterprise, please visit this page: NexBloc Top-Level Domain Request Form (bit.ly/3ojbmAR)

Press or Partner inquiries please send to pr@nexbloc.com

NexBloc Adds .NEX and .ARTIST Decentralized Top-Level Domains to its Arsenal of Web 3.0 dDNS Offerings

NexBloc today announced the creation of several new decentralized top-level domains (dTLD) including .NEX and .ARTIST. This adds to the expanding list of domains that are being developed on multiple blockchains and distributed ledger technologies (DLT) such as Polygon, XDC and Hedera. As well, buyers will now be able to use a credit or debit card in addition to the Coinbase Commerce platform currently used for taking payments.

NexBloc is developing infrastructure for the decentralized web with their decentralized domain naming system (dDNS) to make Web 3.0 a usable ecosystem of connected websites and applications. They use an omnichain approach by creating root domains on core blockchains and then interconnecting any DLT or blockchain for use of a consistent naming path.

The .NEX dTLD represents a cross-chain “nexus” of the decentralized internet and also represents the foundation of the Nex in NexBloc. Nexus means the connecting of spaces and the most important point. It is representative of the bridge between the ICANN centralized Web 2.0 world and the new Internet with decentralization as the future of personal data usage and control.

With .ARTIST, NexBloc is giving creators a way to claim a domain that fits their passion. Owners of .artist domains will be able to use them to create decentralized websites, authentication access to theme-based decentralized applications (dApps), and more.

“The future is about personalization and control,” Dana Farbo, Founder and CEO of NexBloc stated. “We are building systems that interoperate between the old internet and the new to ensure that individuals are at the center of their digital lives, with full control and lifetime access to their data.”

Account-holders on the NexBloc domain registration platform can reserve their domains of choice and begin to take advantage of an expanding array of services. Once purchased, there are no renewal fees, ever and NexBloc pays the gas fees for minting on most chains and distributed ledgers.

About NexBloc

NexBloc is building the next generation of the internet with decentralized DNS at the core. Digital entities tied to the decentralized web are the future of personal data protection and use.

With both a New York City based commercial operation and a British Virgin Islands token Foundation, NexBloc uses technology stacks to create custom deployments of dDNS systems.

They currently have over ten private blockchain top-level domains (dTLD) in various forms of deployment.

Press or Partner inquiries please send to pr@nexbloc.com.

NexBloc Accepted into the Filecoin Faber Accelerator for Building Out Deep-Tech Web 3.0 Solutions

NexBloc (https://nexbloc.com) today announced the acceptance into the Filecoin Faber Accelerator (FFA). The FFA provides workshops, peer mentoring, expert advising, access to investment, and support beyond the end of the program. NexBloc will work closely with Mentors such as Protocol Labs, MetaMask, The Graph, and others to refine their business strategy and product fit for market success.

According to the Faber team, “The Filecoin Faber Accelerator was born out of a partnership between Faber (https://faber.vc) and Protocol Labs (https://protocol.ai) to help foster the development of the next generation of the internet. The partnership combines Faber’s experience as early-stage deep tech VC and Protocol Labs’ Web3 expertise to help entrepreneurs create the building blocks of successful new companies in the decentralized web.”

Dana Farbo, Founder and CEO of NexBloc stated, “We are proud to have been selected by Faber, and the Filecoin and IPFS teams at Protocol Labs to represent the decentralized DNS space for the Accelerator. We believe that a proper domain-naming system that is interoperable with other pioneers in the space paves the way for a decentralized internet that is user friendly, secure, and scalable.”

About NexBloC

NexBloc is building the next generation of the internet with decentralized DNS at the core. Digital entities tied to the decentralized web are the future of personal data protection and use.

Founded as a USA company in 2020, NexBloc uses technology stacks to create custom deployments of dDNS systems. They currently have over ten private decentralized top-level domains (dTLD) in various forms of deployment.

– Domain Website: https://domain.nexbloc.com/
– Website: https://www.nexbloc.com/
– LinkedIn: https://www.linkedin.com/company/80164369
– Medium: https://medium.com/nexbloc
– Twitter: https://twitter.com/nexbloc
– Telegram: https://t.me/nexbloc

About Faber

Faber is a Lisbon-based VC firm that invests in teams transforming the world with technology.
The firm combines a specialist focus on deep tech early-stage startups with thematic funds, dedicated investment teams, and expert advisors to actively help founders build global companies powered by frontier technologies.

Investing since 2013 with a unique approach in Southern Europe, the firm has been an early investor in hard tech companies such as Unbabel, SWORD Health, Codacy, or YData. Alongside its AI/Data- and ClimateTech-focused funds, Faber has now launched a Web3-focused investment and acceleration program in partnership with Protocol Labs. faber.vc

About Protocol Labs and Filecoin

Protocol Labs is an open-source research, development, and deployment laboratory. Our projects include IPFS, Filecoin, libp2p, and many more. We aim to make human existence orders of magnitude better through technology. We are a fully distributed company. Our team of more than 100 members works remotely and in the open to improve the internet – humanity’s most important technology – as we explore new advances in computing and related fields. protocol.ai

Filecoin, the world’s largest decentralized network, allows users to store, request, and transfer data via a verifiable marketplace. Filecoin is completely open-source, enabling people from all over the world to participate. The Filecoin protocol runs on an advanced and novel proof system – a combination of Proof of Spacetime (PoSt) and Proof of Replication (PoRep), to provide unmatched efficiency and reliability. Filecoin’s advanced technology provides a robust foundation to store the world’s most valuable data sets. An alternative to costly cloud storage, the Filecoin network offers efficiently priced and geographically decentralized storage, minimizing financial barriers and allowing users to take advantage of its unmatched network capabilities. www.filecoin.io.

NexBloc Launches FREEDOM Blockchain Top-Level Domain to Support Global Humanitarian Relief

NexBloc today announced the creation of the .freedom blockchain top-level domain (bTLD) for use in Web 3.0. Anyone worldwide can purchase .freedom domains such as yourname.freedom with net proceeds going toward global humanitarian aid. Immediate use of funds will focus on bringing relief for Ukrainian war victims.

NexBloc is developing infrastructure for the decentralized web with their blockchain domain naming system (bDNS) to make Web 3.0 a usable ecosystem of connected websites and applications. They use an omnichain approach by creating root domains on core blockchains and then interconnecting any blockchain to use a consistent naming path. The core blockchain for the .freedom bTLD will be selected from a group of short-listed blockchains and form the basis for all NexBloc’s cause-based projects.

The 2022 goal of the project is to drive one million buyers of .freedom domains with net proceeds delivered to cause entities like the International Red Cross and others. Over $50 million in funding will have been distributed when this goal is reached. In addition to contributing to a worthy cause, buyers will have full rights to all that blockchain DNS delivers. Now and in the future, this includes human-readable cryptocurrency wallet addresses, decentralized email, access to distributed storage for timeless access, digital asset naming such as art NFTs and much more.

The creation of .freedom domains is also completely trackable and auditable, ensuring that funding can be traced for delivery to the cause entities. Domain buyers will be assured that the funding they provide goes to causes.

Dana Farbo, Founder and CEO of NexBloc, stated, “Freedom is a core tenant of the decentralized web. The freedom to own your data and be free from centralized censorship. The freedom to access information anywhere you get the internet without government restrictions. This is part of our long-term mission of bringing all into a freer world. With the .freedom project, we hope to be a major part of aid delivery to Ukrainian war victims and global humanitarian causes forever.”

NexBloc is also calling for Partners to join the cause. Their system contains close to 100,000 protected domains that may be trademarked so are not offered for public sale. Any company that wants to contribute can validate they own the trademarked name and will be allowed to acquire that domain. NexBloc will also add a list of supportive decentralized ecosystem partners and encourages all to join.

About NexBloc

NexBloc is building the next generation of the internet with blockchain DNS at the core. Blockchain digital entities tied to the decentralized web are the future of personal data protection and use.

Founded as a BVI company in 2021, NexBloc uses technology stacks to create custom deployments of bDNS systems. They currently have over ten private blockchain top-level domains (bTLD) in various forms of deployment.

Press or Partner inquiries please send to pr@nexbloc.com

BCypher and NexBloc Partner to Bring Advanced Cryptocurrency Transaction Compliance to Blockchain DNS

NexBloc inc. today announced a partnership with BCypher, the blockchain intelligence company, to deploy their transaction monitoring capabilities for ongoing risk management within the NexBloc blockchain domain naming system (bDNS).

BCypher is a leader in blockchain analytics whose platform allows for AML verification, risk analysis, transaction monitoring, and clustering of addresses across any blockchain or token network. NexBloc will use BCypher to ensure a bDNS that is actively aware of risk factors associated with customers of its subscription services and buyers of domains.

NexBloc does not censor the use of domains. Still, it does maintain a policy of actively ensuring that bad actors are limited from using its services for nefarious activities by blocking access to initially buying domains and services. Blockchain domains are NFTs that get transferred to a customer’s wallet. Once that transfer is complete, NexBloc has no way to control usage except for additional services that may be used to make the domains work, such as pinning and storage solutions.

As Dana Farbo, Founder and CEO of NexBloc, stated, “We believe in a free and open internet, and Web 3.0 allows us to use the decentralized and distributed web for new ways to manage personal and organizational data, without fear of centralized censorship. However, we also have a responsibility to protect the space from actors that may look to take advantage of the decentralized web for their illegal purposes. We can help limit that by refusing them as customers, and BCypher provides tools to help us with those goals.”

Sudhanva Purushotham, Co-Founder and CEO of BCypher stated, “With BCypher, NexBloc has been able to bridge the gap between decentralization and platform security. bDNS is quickly becoming a complementary part of DNS, but past iterations of bDNS platforms have been prone to attackers and malicious content because of their open nature. As one of the leaders in the bDNS market segment, NexBloc sought to address this problem early and differentiate itself from the competition. NexBloc now has bDNS platform most capable of facilitating mass-adoption of the open internet and is ready to fulfill millions of new decentralized domain sales over the next few years safely and securely.”

Blockchain DNS is a core infrastructure for Web 3.0. It is transforming the digital world from a centrally managed hierarchy where tech giants, governments, and others can dictate what you see and how you use the web, whether you realize it or not. Giving power to the people using NFT based domains opens up a new world of opportunity. However, with this comes responsibility for all providers to help ensure a safe and positive ecosystem of connected DApps, websites, and people.

About BCypher

BCypher is building the compliance and risk management layer for Web3 and DeFi. The BCypher platform is an all-in-one set of tools that allows helps financial institutions, money services business, and Web3/DeFi projects easily satisfy regulatory requirements and manage risk.

BCypher incubated out of the University of Texas at Dallas and was founded in 2020 by a team of leading researchers and data scientists in the blockchain data analytics space.

About NexBloC

NexBloc is building the next generation of the internet with blockchain DNS at the core. Blockchain digital entities tied to the decentralized web are the future of personal data protection and use.

Founded as a BVI company in 2021, NexBloc has created a proprietary omnichain technology stack to create custom deployments of bDNS systems. They currently have over ten private blockchain top-level domains (bTLD) in various forms of deployment.

Website: www.nexbloc.com
LinkedIn: https://www.linkedin.com/company/80164369
Medium: https://medium.com/nexbloc
Twitter: https://twitter.com/nexbloc
Telegram: https://t.me/nexbloc

NexBloc Announces Buy Credits Get Tokens Program for the NexBloc Utility Token

NexBloc Inc. today announced that it is opening a funding round on Monday, February 28, using Credits and Token Rewards for the NexBloc platform. By purchasing Credits for use on NexBloc, buyers will get rewarded with the NexBloc Utility Token. The Credits will never expire, and as additional products and services get added to the platform, it will encourage faster usage of Web 3.0.

The NexBloc Utility Token, anticipated to be named $NEXB, will be used for numerous benefits to holders including:
– staking for discounts off domain purchases and services
– farming for yield
– access to gated content such as NFT Avatars and partner offerings
– direct purchases with the burning of those tokens
– governance for managing the token by the DAO

The tokens will be listed on exchanges by mid-Spring 2022 so that owners can accumulate amounts they can use for the above benefits. Governance will be enabled by creating a DAO (decentralized autonomous organization) structure to be established by the end of 2022. The DAO will take over token economics through a process that staking owners specify. It will also provide project approvals for community-sponsored ideas that improve the use of the decentralized web. A portion of NexBloc revenue will be escrowed to fund the projects approved by the DAO.

Dana Farbo, Founder of NexBloc, stated that “NexBloc solves the needs of Web 3.0 infrastructure with a blockchain DNS. Our focus on building community and a strong business will position us to win in the bDNS space. Other participants have one or the other but not both.”

It is estimated that blockchain DNS will follow a similar path for tools and resources that the centralized DNS space took. bDNS and services annually open a total addressable market (TAM) of close to USD 200 billion over the next decade. NexBloc will vie for a sizable market share by bringing new products and services to its user base. Furthermore, with the use of Credits and through the staking value of tokens, community members and customers will see significant benefits for using NexBloc to build new products for the future of the internet.

About NexBloc

NexBloc is building the next generation of the internet with blockchain DNS at the core. Blockchain digital entities tied to the decentralized web is the future of personal data protection and use.

Founded as a BVI company in 2021, NexBloc has created proprietary technology stacks to custom deploy bDNS systems. They currently have over ten private blockchain top-level domains (bTLD) in various forms of deployment. In addition, they are working to build the most scalable, omnichain interoperable platform for deploying bDNS.

Website: www.nexbloc.com
LinkedIn: https://www.linkedin.com/company/80164369
Medium: https://medium.com/nexbloc
Twitter: https://twitter.com/nexbloc
Telegram: https://t.me/nexbloc

NexBloc to Build NFT Avatar Platform BlocHeads Tied to Blockchain DNS

NexBloc has partnered with Alexa Varano, known for her work in sustainable and wearable art, to create the first avatar NFT tied to a blockchain DNS (bDNS). NexBloc will dedicate the blockchain top-level domain (bTLD), .blochead, for naming each BlocHead image as a registered NFT. NexBloc will provide a limited custom series of 100 one-of-a-kind BlocHeads to partners and prominent participants of NexBloc’s current $NEXB token raise. In addition, 900 BlocHeads will represent variations of classic characters. These are part of NexBloc’s gated content for levels of staking rewards of $NEXB.

Alexa Varano has long been painting and creating with an eye toward sustainability. Her work includes a wearable series of hand-painted designs on shirts, hats, and other wearables made from sustainable materials. Each is unique, and she is bringing that inspired design to her direction for the custom NFT connected art for BlocHeads. She stated, “As an artist, I am always looking to reach people with visual messages tied to my belief in inner peace and global harmony. With the BlocHead collection, I can reach many more people by creating something that has value to the collector through visibility to the communities they use their avatars with.”

Dana Farbo, Founder of NexBloc, said, “Alexa represents the decentralized world in a way that shows a respect for nature and an emphasis on uniqueness for each of us. We are proud to have her creating the BlocHead line of avatars for our community.”

In addition to fun ways for showing the owner’s individuality, BlocHeads can also have a value for personal authenticity to systems and applications. Because they connect to bDomains such as yourname.blochead, they can act as authentication via Web3 wallets and the decentralized applications built to optimize Web 3.0. This connection is the first in the market for bDomains tied to a digital art piece as an avatar using NFT technology.

NexBloc is building out numerous use cases for bDNS and the optimization of Web 3.0 and has partners that range from metaverse interoperability to managing bankable assets.

About NexBloC

NexBloc is building the next generation of the internet with blockchain DNS at the core. Blockchain digital entities tied to the decentralized web are the future of personal data protection and use.

Website: www.nexbloc.com
LinkedIn: https://www.linkedin.com/company/80164369
Medium: https://medium.com/nexbloc
Twitter: https://twitter.com/nexbloc
Telegram: https://t.me/nexbloc

NexBloc and Arcade Network Partner to Bring Blockchain Domains to Gaming in the Metaverse

NexBloc today announced that it has partnered with Arcade Network, the world’s first decentralized platform providing cross-metaverse asset interoperability, to build out a blockchain domain naming system for in-game assets and user authentication. NexBloc will accelerate its development on Polygon to provide value across Arcade Network’s ecosystem of development partners.

With the rise of multiple metaverse offerings, creating interoperable asset exchange has become one of the most promising advancements in technology for the decentralized space. Assets that are NFT (non-fungible token) can be named as domains under blockchain DNS (bDNS) for the purpose of creating a hierarchy and ownership structure. For instance, rather than having lots of NFT’s as hashes connected to the stored asset, we can now set up a domain structure such as .arc and then yourname.arc. Yourname.arc can act like a website which holds any number of connections to assets. As such, an asset like a shield might be called shield1.yourname.arc.

Using bDNS allows for an evolving system that has similarities with the current DNS structures, making it much easier for everyone to understand how to classify and access their assets. WordPress and blog software allowed anyone to put images into a website and position those assets for use. Likewise, NexBloc and Arcade Network are creating the ability for any metaverse asset to be accessible to various applications and systems.

Dana Farbo, Founder of NexBloc stated, “domain naming with human-readable names has proven to be the preferred method of using a web-based environment. As people, we understand this type of a system rather than a hash based or other naming convention. NexBloc will use our omnichain platform to extend the Polygon development for Arcade Network and build a specific environment for cross-metaverse assets.”

Arcade Network Founder Chinka Gupta added, “Using NexBloc’s bDNS, we will be able to add significant value to our ecosystem partners and further our mission of creating metaverses on the fly using ArcVerse. We will bring out new tools specific to the gaming world using domains, NFTs and applications that allow for an interconnected world in Web 3.0.”

The rollout of the bDNS for Arcade Network will start with the creation of a bTLD and include a reservation system for gamers to register for blockchain domains beginning February 1st. Other tools will continually be added to increase value to users of the partner network.

About ArcadeNetwork

ArcadeNetwork is a well-defined, intuitive, and resourceful decentralizing platform that provides an advanced experience in gaming metaverses. Powered by Polygon, it provides interoperability in the gaming ecosystem. They also aim to standardize the gaming industry with their $ARC tokens, providing easy transactions at any point in time.
Website: https://arcadenet.io/
Telegram: https://t.me/ArcadeNetworkOfficial
Twitter: https://twitter.com/ArcadeNetwork_
Medium: https://arcadenetwork.medium.com/
Facebook: https://www.facebook.com/ArcadeNetwork-104703925202276
LinkedIn: https://www.linkedin.com/company/arcadenetwork/
Instagram: https://www.instagram.com/arcadenetwork_/

About NexBloC

NexBloc is building the next generation of the internet with blockchain DNS at the core. Blockchain digital entities tied to the decentralized web is the future of personal data protection and use.

Founded as a BVI company in 2021, NexBLOC uses the Butterfly Protocol and other technology stacks to create custom deployments of bDNS systems. They currently have over ten private blockchain top-level domains (bTLD) in various forms of deployment.
Website: https://www.nexbloc.com/
LinkedIn: https://www.linkedin.com/company/80164369
Medium: https://medium.com/nexbloc
Twitter: https://twitter.com/nexbloc
Telegram: https://t.me/nexbloc

Avrilar Sponsors Blockchain Domains for Metaverse Education Platforms Through NexBloc

Avrilar, the immersive device and application management platform for enterprises and institutions, will provide .lern domains free for a limited time through the NexBloc bDNS platform. Avrilar makes virtual and augmented reality learning and training more manageable by providing a SaaS-based platform for cross-device integration and application flow. In addition, Avrilar is deploying .lern domains for users wanting additional control of their identities and data and lifelong access to their data without fear of censorship or data destruction.

Eddie Quiroz, Co-Founder of Avrilar, stated that, “Avrilar is bridging device management and personal authentication for learning applications and intends to build out a cross-metaverse ecosystem for enterprises and institutions. NexBloc provides the perfect choice for building into a Web 3.0 internet where blockchain domains replace the current centralized structures.”

NexBloc, a leading provider of blockchain domain name services, has announced that the .(dot)lern giveaway promotion will be closing on January 31st, 2022. The giveaway aims to prepare the world for the personal management of data using the decentralized web (Web 3.0 or Web3) and distributed computing. Users can acquire a .lern blockchain domain and own it forever, trade it, sell it or even pass it to future generations.

Through the .lern Domain Name Giveaway, users will be able to register for up to two free .lern domain names. With this, users of a personalized .lern domain can manage their identity and associated data with it rather than leave that information in a provider’s hand. This giveaway offers an excellent opportunity to take full advantage of the increased privacy and personal data control that blockchain DNS (bDNS) provides. Avrilar and NexBloc are encouraging everyone to move to the decentralized web and, by offering free .lern domains, expects to improve awareness and the benefits knowledge of the space.

Intending to create an ultra-safe login system for the decentralized web, NexBloc is at the forefront of the blockchain DNS (bDNS) revolution by developing multi-chain systems to create linkages to the decentralized web. In all, with the advent of blockchain technology and its continuous development over recent years, a future switch to Blockchain as a primary system for sign-in options becomes more imminent than ever.

About Avrilar

AVRILAR Inc. is a leading-edge technology provider focused on bringing immersive technology training and services to the masses. They work with enterprises and institutions across the world for consulting, creating and deploying virtual and augmented reality training and use platforms.

Their Manage Platform-as-a-Service (PaaS) provides customers an ability to manage any number of devices from a single dashboard for provisioning and permissioning the right applications to the right device through over-the-air deployment. For more information, visit Avrilar.com.

Website: https://www.avrilar.com
LinkedIn: https://www.linkedin.com/company/10604083

About NexBloc

NexBloc is building the next generation of the internet with blockchain DNS at the core. Blockchain digital entities tied to the decentralized web are the future of personal data protection and use.

Founded as a BVI company in 2021, NexBloc uses the Butterfly Protocol and other technology stacks to create custom deployments of bDNS systems. They currently have over ten private blockchain top-level domains (bTLD) in various forms of deployment. In addition, they are working to roll out an accessible working environment for all blockchain developers using the .sandbox bTLD and other extensions.

Website: https://www.nexbloc.com
LinkedIn: https://www.linkedin.com/company/80164369
Medium: https://medium.com/nexbloc
Twitter: https://twitter.com/nexbloc
Telegram: https://t.me/nexbloc

Source: PlatoData Intelligence: platodata.io

Web23 and NexBLOC Using Butterfly Protocol for Creating a Blockchain Naming System on the Cardano Blockchain Platform

Web23 Inc., a USA company and NexBLOC, a British Virgin Islands company, are partnering to develop a blockchain based naming system that runs natively on the Cardano blockchain platform. The initiative continues the move of the Butterfly Protocol onto numerous blockchains to ensure that those communities have the tools needed for full decentralized internet optimization.

The Butterfly Protocol was originally created using the Ethereum blockchain and continues to provide resources and tools for the Ethereum community. But, according to Dana Farbo, Founder of NexBLOC, the move helps expand the various blockchain development communities’ access to a unified naming convention. Mr. Farbo stated that, “we will continue to lock the root domain on Ethereum but by using other blockchains, we can prepare for wider acceptance of blockchain DNS (bDNS) and lower costs for using the decentralized web.”

Som Kirann, Founder of Web23 went on to say “Cardano has been driving decentralization at its core and with the recent deployment of their Plutus smart contract capabilities, we wanted to be a first mover in creating capabilities for human readable naming that exist on other chains. Working with Butterfly and NexBLOC allows us to move fast and prepare for a bright future within the Cardano community.”

This marks the second blockchain in the NexBLOC roadmap for naming system ubiquity across chains. Earlier this year, the buildout on XDC Networks was announced and work is progressing rapidly on the XDC blockchain. Supported by a grant from the XDC Foundation, a full deployment and rollout is expected for November 1st, 2021. In addition to the standard access tools for connecting websites using IPFS, wallet authentication and browser extensions, NexBLOC is working with XDC Networks dApp developers to integrate specific dDNS solutions for their projects.

Web23 is known for its work on allowing companies or individuals to create domains at scale. This is important for building an offensive and defensive system around brands and professional work. The SaaS solution creates an artificial intelligence supported capability to acquire similar names automatically based on trends, word searches and social media chatter. They are integrating the system into the decentralized domain acquisition space with low gas fee blockchains such as Cardano. As per Mr. Kirann, “rapid and bulk domain acquisition with the current state of Ethereum gas fees makes it prohibitive to deploy at scale. Cardano, XDC Networks and other blockchains allow us to provide a solution that supports the brand owner.”

The Cardano deployment is expected to be ready in mid-Q4, 2021, with other blockchains planned as part of the collaboration between Web23 and NexBLOC.

About Butterfly Protocol (https://www.butterflyprotocol.io/)

Butterfly Protocol is a decentralized autonomous organization (DAO) that aims to replace the Domain Name System (DNS) system and change the economics of domain ownership.

About Web23 (https://web23.io)

Blockchains are starting to open whole new world of possibilities where top level domains (TLDs) as well as long and weird wallet addresses need to be converted into human readable formats, the motive for existing ICANN based domains and their resolutions to IP addresses.
As a SaaS solution, Web23 aims to:
– Automatically protect the primary domain & neighborhood domains in the ICANN world
– Optimize publishing of the domains to minimize the effects of look-alike domains
– Notify owners & admin in 24X7 mode with ongoing threats targeted to the domains
– Automatically protect the primary domain & neighborhood domains in the Blockchain world
– Notify users about impersonated accounts in social media
– Assess health of the brands with respect to domains & their resolving/publishing

At Web23, ICANN & Blockchain domains would be bought, administered, transferred & monitored in the secured, optimized & automated ways

About NexBLOC

Founded as a BVI company in 2021, NexBLOC uses the Butterfly Protocol and other technology stacks to create custom deployments of bDNS systems. They currently have over ten private blockchain top-level domains (bTLD) in various forms of deployment. In addition, they are working to roll out a free working environment for all blockchain developers using the .sandbox bTLD and other extensions.

Forward-looking statements
Except for statements of historical fact, the matters discussed in this press release are forward-looking and made pursuant to the Safe Harbor provisions. “Forward-looking statements” describe future expectations, plans, results, or strategies, and are generally preceded by words such as “future”, “plan” or “planned”, “expects,” or “projected.” These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company’s control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, limited operating history, difficulty in developing and marketing products, intense competition, and additional risk factors.