Unstoppable Domains Abandons Plans for ICANN-Backed DNS Integration
Unstoppable Domains has decided to abandon its plans to integrate nine of its Web3 domains, including .crypto and .bitcoin, into the traditional DNS system. The decision was made due to ICANN's requirements and the costs associated with participating in the program.
The list also includes .wallet.polygon.nft.dao.unstoppable.zil, and .blockchain. These domains will continue to exist as on-chain domains but will not achieve the status of regular domain zones natively supported by standard internet infrastructure.
According to Matthew Gould, the founder of Unstoppable Domains, the total costs of compliance, applications, and potential bidding exceeded the expected revenue from sales in this market. He described it as 'small and niche'.