Unstoppable Domains, a software company building domains on blockchains, and Zilliqa, a next-generation blockchain platform, today announced a $250,000 .zil grant program.
The grant program will cover upfront costs associated with integrating wallets and exchanges into .zil domains. Grants will range from $5,000 to $15,000 and any wallet with a great community, regardless of location, is encouraged to apply.
.Zil domains enable end-users to receive cryptocurrency to a human-readable name, instead of a long address. Users can attach all of their cryptocurrency addresses to a single domain. Then, when requesting payment, users only need to provide their .zil domain for remittance.
The domain listing service will be deployed the first week of August with a target go-live date of August 7th.
“Imagine if all the major exchanges and wallets supported blockchain domains. This is a standard that any wallet or exchange in the world could adopt. Sending ETH? Send it to my .zil domain. Sending BTC? Send it to my same domain. This is what truly great user experience looks like.”
– Matthew Gould, Unstoppable Domain CEO
“The primary reason why blockchain adoption is slow to gain momentum is because blockchains aren’t user-friendly. Replacing cryptocurrency addresses with a human-readable name (hanwen.zil), removes a major hurdle to mass adoption.”
– Han Wen, Zilliqa Head of Grant