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Unstoppable Domains scraps ICANN plans after web3 domain sales fall short
unstoppable-domains-scraps-icann-plans-after-web3-domain-sales-fall-short
Unstoppable Domains scraps ICANN plans after web3 domain sales fall short
Unstoppable Domains did not submit ICANN applications for several original web3 extensions and has begun refunding affected customers.Founder Matthew Gould said ICANN compliance, application and bidding costs were higher than the sales the company expected from the domains.The reversal comes six months after Unstoppable committed to applying for extensions including .crypto, .wallet, .NFT, .Bitcoin and .DAO.Existing web3 domains will remain onchain assets for crypto transactions, while Unstoppable continues supporting ICANN applications for other partners.
2026-08-27 Source:crypto.news
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