Thursday, May 30, 2024

NFT Workx and Unstoppable Domains Pioneer Tokenized Identities for Real World Assets

LAS VEGAS, NV – 30/05/2024 – (SeaPRwire) – NFT Workx, a leading network in real-world asset tokenization, is thrilled to announce its groundbreaking partnership with Unstoppable Domains to introduce the first-ever tokenized identity solution for Real World Assets (RWAs). This innovative collaboration aims to revolutionize the way physical assets are authenticated and traded, leveraging the power of blockchain technology and digital identities.

NFT Workx has established itself as a pioneer in the tokenization of physical assets. Through its comprehensive eCommerce platform, mobile app, and integrations with major platforms like Shopify and WooCommerce, NFT Workx enables customers to purchase physical items that come with unique digital collectibles. These collectibles not only represent the transaction but also provide undeniable proof of authenticity. Each digital collectible is a tokenized asset that can be traded in the marketplace, adding an additional layer of value and customer engagement.

The newly launched “.WRKX” top-level domain (TLD) represents a significant advancement in NFT Workx’s mission. This tokenized identity solution enhances customer loyalty through assets tokenized at the point of sale. By reducing fraud and counterfeit goods, the “.WRKX” domain boosts brand engagement and builds trust among consumers. The token-based product verification process ensures that each item is authentic, providing customers with unique digital collectibles that certify their purchase.

The collaboration with Unstoppable Domains, the world’s leading Web3 domain name and digital identity provider, takes this initiative to the next level. With the introduction of the “.WRKX” TLD, NFT Workx users can now navigate the decentralized web with their personalized Name.WRKX. This human-readable name simplifies the process of sending and receiving cryptocurrencies and NFTs, integrates seamlessly into the secure NFT Workx wallet app called Asset Workx, and creates new opportunities for digital communities and brand ambassadors.

Sandy Carter, COO of Unstoppable Domains, highlighted the transformative potential of tokenized identities: “Tokenized identities will change the web as we’ve always known it, but onboarding the first billion users is a major challenge. The genius of NFT Workx is that it provides a simple, seamless value proposition for Web3. By creating Digital Collectibles of products at the point of sale via major eCommerce platforms, NFT Workx demonstrates the power of Web3 to reduce fraud, strengthen consumer protection, and navigate digital identity in the decentralized future.”

Adam Lesse, CEO of NFT Workx, emphasized the importance of this partnership: “Our new collaboration with Unstoppable Domains is a key milestone in our mission to bring tokenized identities to the wider world. As experts like Larry Fink have recognized, tokenized IDs are crucial to reducing fraud, money laundering, and corruption. Thanks to Unstoppable, we can now create a list of domains associated with trademarks or well-known individuals, preventing these domains from being made available for purchase. Meanwhile, our new .WRKX TLD will massively improve the UX of interacting and transacting, strengthening our brand further and helping bring millions more into Web3.”

The partnership also includes a strategic plan to apply for the .WRKX gTLD with the Internet Corporation for Assigned Names and Numbers (ICANN), further solidifying the presence of NFT Workx in the digital identity space.

About NFT Workx

NFT Workx is at the forefront of revolutionizing eCommerce by tokenizing real-world assets through tradable and swappable digital collectibles. Customers not only receive physical products but also unique digital receipts and proof of authenticity. The company aims to onboard millions of users into Web3 by integrating with platforms like Shopify and WooCommerce, creating digital collectibles at the point of sale. Offerings include an eCommerce platform to enable brands to tokenize their products and a user-facing app to simplify wallet creation and asset management. NFT Workx helps sports clubs, fashion brands, and creators create additional revenue streams and engage younger generations through token-gated discounts and customer loyalty incentives.

About Unstoppable Domains

Founded in 2018, Unstoppable Domains is a Web3 domain name provider and digital identity platform working to onboard the world onto Web3. They offer Web3 domains minted on the blockchain, giving people full ownership and control of their digital identity without renewal fees. With Unstoppable Domains, users can replace lengthy alphanumeric crypto wallet addresses with a human-readable name and log into and transact with over 720 apps, wallets, exchanges, and marketplaces. Forbes named the company one of America’s Best Startup Employers in 2022. For more information, please visit: https://unstoppabledomains.com/

SOURCE: Unstoppable Domains

by Arrow123

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