Unstoppable Domains launches Web3 alliance and seeks self-regulating boards
Interoperability in Web3 domains is now a priority for a cross-chain coalition of leading blockchain and Web3 players that has formed the Web3 Domain Alliance, announced on Nov. 2 at the Web Summit in Lisbon.
Sandy Carter, senior vice president and channel chief at Unstoppable Domains, told Cointelegraph the group will work together to protect the naming space on Web3:
The alliance aims to prevent malicious phishing attacks, bad actors impersonating Web3 “top-level domains” (W3TLDs), cybersquatting and Web3 domain collisions. Participants also include Bonfida, Tezos Domains, Polkadot Name System, Hedera, Syscoin, and klaytn.domains. "We invited all naming services to join us," stated Carter.
The self-regulatory agenda also pushed Unstoppable Domains to join the Open Metaverse Alliance (OMA3), a group of blockchain-based metaverses and Web3 platforms that since July are working to overcome interoperability challenges in the industry, specifically on digital identity and avatar standards across metaverses.
"We joined that because we do believe that we should be self-regulating boards, and we think that more of these will come up, so it can be self-regulating versus force regulation from a central organization," noted Carter.
Self-described as an evangelist who educates people about the value proposition of data ownership, Carter believes that the relationship between users and digital privacy will drastically change for future generations, and education about data ownership it's still a huge challenge in the space.
Decentralized websites and metaverse avatars are among the trends she believes will be boosted as the concept of data ownership becomes mainstream.
Unstoppable raised $65 million in a Series A funding round this
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