TechFlow news, September 6 — Web3 TLD and domain platform Freename announced it has raised $2.5 million in seed funding, led by Sparkle Ventures, with participation from Blockchain Founders Fund, Golden Record Ventures, Abalone Asset Management, and His Highness Sheikh Mayed Al Qasimi.
Freename enables users to create their own top-level domains (TLDs) and second-level domains (SLDs) across multiple blockchains. These Web3 domains serve as digital identities that can be used for various functions, such as sending and receiving crypto payments, sending Web2 and Web3 emails, browsing traditional websites, and building decentralized websites.
With Freename, every TLD owner becomes a true registrar, generating ongoing revenue whenever new users register domains under their TLD.
