Web registrar GoDaddy connects Ethereum Name Service domains to crypto wallets. GoDaddy will charge $0 for ENS .eth name matching. With this development, it will be possible for users to connect their internet domain names to ENS addresses. Following this news, the altcoin price started to rise.
Ethereum Name Service teams up with GoDaddy, altcoin price jumps
cryptokoin.com As we reported, Ethereum Name Service (ENS), a domain name protocol that runs on top of Ethereum, has reached an agreement with GoDaddy. In this way, it will allow users to connect their internet domain names to ENS addresses free of charge. Adoption of Web3 by mainstream companies slowed during the bear market. But the agreement between ENS and GoDaddy, the largest internet domain registrar, could signal renewed interest in combining blockchain with traditional technologies.
Following the news, the altcoin price started to rise. While ENS was traded at $18 during the day, it jumped to $19.34 with the partnership news. At the time of writing, the token was trading at $19.2, up 7.25% on a daily basis.
The founder of the altcoin project spoke about the partnership
Nick Johnson, founder of ENS, made a statement about the development. “Beyonce owns Beyonce.xyz,” Johnson said. It is now possible to create a wallet by simply going to the GoDaddy page and entering your address. Now Beyonce.xyz is her wallet identifier for all intents and purposes.” said. Ultimately, the goal will be to integrate more blockchains beyond Ethereum. In this context, Johnson continued his statement as follows:
Currently you can use this integration to set up your Ethereum address. But in the future, it will be possible to do this for addresses of all Blockchains to set text records. So you can create your .xyz or .com Web3 profile.
The feud between the new leftovers continues!
The announcement comes at a time when ENS is in court with GoDaddy, whom it filed a lawsuit against over the sale of the “eth.link” domain name. Meanwhile, Johnson noted that the eth.link case is still ongoing in court. Additionally, Johnson said, “I guess, you know, you can have a disagreement with someone about something. However, you can still remain good friends and be happy to partner on other matters. “And we agree on a lot of things,” he said. Finally, Johnson added:
I think naming and Web3 work better when we don’t try to pretend legacy systems don’t exist and we don’t try to reinvent everything from scratch, but instead build systems that work on and build on existing systems.
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