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This Crypto Startup Plans to Tap the Web3.0 Space with Domain Names, NFTs and Metaverse

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Recognizing the importance of domain names, NFTs, and the metaverse, Quik is launching its blockchain-based marketplace to tap into Web 3.0. The platform also aims to realize potential new use cases, monetization opportunities, and other features.

Quik, a marketplace for domain names, NFTs, and metaverse avatars, aims to be a gateway to the Web 3.0. It focuses on connecting sellers and buyers of domain names, NFTs and metaverse avatars and record the transaction and ownerships on a distributed P2P system, which the network participants validate. 

It indicates how the new-era businesses are moving away from the centralized systems of Web 2.0 and making things more secure, decentralized, scalable, permissionless, easily transferable, and permanent. 

With Blockchain-based marketplaces like Quik, users would be able to easily trade NFTs, and domain names.

According to Quik, with the emergence of decentralization, people can now own their digital assets and information on the web and reclaim their freedom, which is impossible with today’s Web 2.0.

“We are at the nexus of the NFT industry and a decentralized freedom which will allow people to own their digital identities similar to Web 1.0,” says Quik. 

Increasing Dominance of Virtual World and the Emergence of Metaverse

Today, the internet remains constrained to the rectangle screens of our tablets and PCs and has limited immersive capabilities. However, as VR/AR gadgets become more sophisticated and affordable, metaverse will soon become a mainstream phenomenon. 

With the democratization of virtual experiences, which are increasingly becoming more “real,” the line between the virtual world and the digital realm will blur. 

As of now, most common virtual realms are still limited to certain objectives, communities, and gamers. However, as time progresses, a collective layer of the connected virtual world will emerge, commonly known as “the metaverse.”

Experts are not clear how the evolution of the virtual world into the metaverse will happen. Still, there is a unified agreement that metaverses will become a ubiquitous part of our existence.

The optimism is encouraging companies like Quik to develop massive NFT marketplaces. Whether we believe it or, the virtual marketplace boom is happening. 

How is Quik Disrupting the Market?

As the digital world grows and evolves, use cases of NFTs, domain names and other virtual products will become clearer. The clarity will bring more monetizing opportunities for both creators and consumers. And Quik is encouraging people to be prepared to leverage existing and upcoming opportunities with the rise of the metaverse. 

Quik allows creators of digital versions of real products to list their offerings on their marketplace, connect them with relevant buyers, make money, and build their presence in the virtual world. 

Users can join Quik to sell their domain names, NFTs, and other digital products or purchase them in the virtual space using BNB and ETH. 

The Significance of Marketplaces Like Quik in Virtual Worlds

With the advent of NFTs and cryptocurrencies, users can bring their assets from one digital space to another and their value. Meaning, the products, be it artwork, article, domain name, or anything else users own in the physical world, will become closely tied to the virtual world.

With marketplaces like Quik, people can hop into the digital world and buy/sell domain names, blockchain domain names, NFTs and other digital assets.

Consider this, the skin a user purchased in Fortnite is not useful for the user in any other game, for example PUBG. Because in Web 2.0, even though users pay for assets, they don’t own them. The skin is still a property of Epic Games, the developer of Fortnite. 

Quik sees the emergence of NFTs and metaverse based on blockchain technology as an opportunity to change that. 

“It is time we reimage everything and build a decentralized system owned and operated by users. The internet, where people are in control of their identities and data. We see the rise of NFTs as an opportunity to build a web that is free from its present constraints,” says Quik.

“Our NFT marketplace is just a one-step towards allowing people to regain their freedom. Keeping the ethos of Web 3.0 in mind, we will continue to build on this frontier.”

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