Self-custody is one of the most important features of a Web3 TLD or Domain Name. This is what makes it decentralized - this is what gives you full control.
A self-custody solution is possible because the TLD or Domain Name is now an asset on the blockchain and stored, like an NFT or other asset in your wallet. This custody method gives your Web3 TLD or Domain Name access on the blockchain that traditional domains do not have.
Due to the self-custody nature of the Web3 TLD or Domain Name, it:
- Gives the registrant sole control and access to domain management features
- Can enable decentralized websites.
- Can transfer data around the world in seconds, without requiring any outside permissions.
- Cannot be seized by a third party, for any reason.