The 1inch Network is now supporting cryptocurrency domains as part of a partnership with Unstoppable Domains. With the integration, 1inch Wallet users can now use human-readable domain names when buying or sending cryptocurrencies, a press release states.
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Sergej Kunz, 1inch Network Сo-Founder, says that the unnecessary complexity of the crypto market is still "holding back Web3 mainstream adoption." He added:
"The partnership with Unstoppable opens up opportunities for overcoming these barriers by making Web3 onboarding more fun and attractive, while users will also benefit from a user-friendlier way of transacting."
Founded in 2018, Unstoppable Domains says it has registered 2.5 million domains with over 300 integrations, including digital wallets and cryptocurrency exchanges. In July, the company raised $65 million in Series A funding led by Pantera Capital, bringing its valuation at $1 billion.
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