The abandoned extensions include .crypto, .wallet, .bitcoin, .brave, .polygon, .nft, .dao, .unstoppable, .zil and .blockchain along with partner-backed extensions such as .privacy, .anime, .agent and .twin.
The decision also avoids more than $2 million in ICANN application fees. ICANN charges $227,000 to evaluate each new generic top-level domain application, meaning the planned applications would have required substantial upfront spending before any broader adoption costs.
Unstoppable Domains CEO Matthew Gould said the company's experience showed that the Web3 domain market remains relatively small and niche compared with the expectations created during the 2021 crypto and NFT boom.
https://www.altcoinbuzz.io/unstoppable-domains-drops-crypto-bitcoinIf the Web3 and NFT boom lasted for years, and developers still see the market as relatively small, what about investors?
Do you think that in 5 years the market will completely surpass Web3 and NFT, or will they still exist?
