Web3 Domain Alliance Gains 51 New Members

It is reported that the Web3 Domain Alliance announced 51 new members, including Blockchain.com, Rarible, Wyre, Bittree, WazirX and Klever.

Web3 Domain…

Web3 Domain Alliance Gains 51 New Members

It is reported that the Web3 Domain Alliance announced 51 new members, including Blockchain.com, Rarible, Wyre, Bittree, WazirX and Klever.

Web3 Domain Name Alliance announced 51 new members, including Blockchain.com, Rarible, etc

Interpretation of the news:


The Web3 Domain Alliance, a collaboration between some of the most influential players in the Web3 ecosystem, has welcomed 51 new members to the fold. The alliance was formed with a mission to establish interoperability standards that would promote the adoption of decentralized technology in everyday life.

Some of the new members announced by the alliance include Blockchain.com, Rarible, Wyre, Bittree, WazirX, and Klever, some of which are major players in the cryptocurrency industry. Given the recent surge in interest and use of decentralized finance (DeFi), it is no surprise that the alliance has experienced a significant growth in membership.

Blockchain.com is one of the world’s most popular digital asset wallets, and it has recently made a significant push into DeFi, launching a suite of DeFi products. Rarible, on the other hand, is an NFT marketplace that has gained a lot of attention recently due to the booming NFT market. Wyre, another new member of the alliance, is a payments infrastructure provider that facilitates cross-border transactions for the crypto industry.

Bittree, WazirX, and Klever are also important members of the alliance, and their inclusion in the group shows the increasing interest and involvement of companies committed to promoting the adoption of Web3 technologies. Bittree is a blockchain-based payment processor, while WazirX is India’s most popular cryptocurrency exchange. Klever, on the other hand, is a decentralized wallet that supports a wide range of cryptocurrencies and has gained a lot of traction in recent months.

The addition of these new members to the Web3 Domain Alliance is a significant milestone for the organization. The alliance’s goal is to establish standards that will promote interoperability between Web3 applications, and this growth in membership shows that there is a growing consensus in the industry on the importance of this mission.

In conclusion, the announcement of 51 new members to the Web3 Domain Alliance highlights the growing interest and investment in Web3 technologies, particularly in the DeFi and NFT sectors. As more companies and individuals embrace the potential of decentralization, the Web3 Alliance’s mission of promoting interoperability between Web3 applications will become even more critical.

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