Unstoppable Domains has supported the crypto and NFT project of Farmsent and has launched the new TLD “.farm”. Now, 20 million farmers around the world will have their secure digital identity.
Unstoppable Domains and Farmsent NFT: the new TLD .farm for farmers
Unstoppable Domains, the largest provider of on-chain domains, has announced its partnership with Farmsent, the crypto and NFT project dedicated to farmers.
At stake, there is the launch of the new TLD “.farm” which allows 20 million farmers to have their secure digital identity.
Grow your future with .farms! 🌱
We’re partnering with @Farmsent_io, the leading DePIN solution revolutionizing agriculture, to launch .farms! 🌾
This collaboration aligns with the #Tech4Good mission, leveraging technology to drive positive social impact and sustainable… pic.twitter.com/kTycOxW6jG
— unstoppable.farms (@unstoppableweb) August 13, 2024
“Grow your future with .farms! We are collaborating with @Farmsent_io, the leading DePIN solution that is revolutionizing agriculture, to launch .farms! This collaboration aligns with the #Tech4Good mission, which consists of leveraging technology to promote a positive social impact and sustainable development.”
In addition to digital identity, .farm will allow farmers to accept transactions in cryptocurrency. Specifically, it includes the possibility to send and receive crypto payments through more than 275 supported tokens.
This will support Farmsent in its goal of ensuring fair compensation to farmers worldwide.
The objective of Unstoppable Domains is precisely to help farmers around the world eliminate intermediaries and obtain a fair price for their products.
To do this, Unstoppable has made available the new onchain top-level domain (TLD) “.farms”, which will be a crucial component of Farmsent’s mission to revolutionize global agriculture and food supply chains.
In fact, Farmsent is the blockchain for the global agricultural sector, which leverages the power of decentralization to build a global onchain market that connects farmers directly with consumer-facing companies
Unstoppable Domains and the crypto and NFT project by Farmsent to empower farmers
Since its launch, Farmsent has quickly gained ground, managing to engage over 160,000 farmers from Indonesia and Colombia.
While the platform is currently in beta phase, it is already facilitating the trade of coffee, avocado, and palm sugar between these countries, the United Arab Emirates, and Indonesia.
Regarding this, Sandy Carter, COO of Unstoppable Domains commented:
“Farmsent is a testament to the transformative power of blockchain. We are proud to provide Farmsent with a home onchain, allowing it to provide users with a unique digital identity that they can use to trade securely and on equal terms with major multinational competitors”.
Thanks to the partnership with Unstoppable Domains, Farmsent will join more than 15 companies based on the blockchain, such as Blockchain.com, which will apply in 2026 for the gTLD application of ICANN.
Farmsent is also a project that has created its collection of Non-Fungible Token (or NFT). In fact, on OpenSea there is the NFT collection “NoFarmerNoFood”, which sheds light on the challenges of farmers and global food security.
The drop of 200 Web3 Premium domains with Crypto.com NFT
Recently, Crypto.com NFT launched the drop of 200 Premium Web3 domains created directly by Unstoppable Domains. The prices of these domains registered on the blockchain and of superior grade ranged from $20 to $10,000.
The drop lasted from July 10 to August 9, with customers being able to purchase a domain. In the case of Premium Web3 domains, in addition to serving as a unique and unalterable digital identity as they are registered on the blockchain, they are also the most sought after.
Among others, there were the domains “1.go”, “pay.austin”, “bags.crypto” and the one that was the most requested domain which was “x.x”.