The Multi-Communication Protocol Token
Hello DOMination,
I'd like to introduce $DOM to Bitcointalk. It has been featured at NamesCon Las Vegas 2018, the premier Domain name convention in the world. This young project is still small cap and under the radar.
Domain Token in the Context of Embermine http://www.embermine.com/
Embermine is a decentralized, creative commerce platform that provides creative entrepreneurs a network of talent and purpose, programmable contracts that reduce friction in collaboration, automated revenue/royalty share, granular distribution methods, a persistent monetization model, provenance of creative assets, and other capabilities which give individuals more agency and sustainability in their endeavors.
While the current demo of Domain Token is an Ethereum construct intended as proof of concept, the goal of the project is for it to be the method by which projects and individuals on Embermine (with the Techne Protocol) can manage their name assets to further augment and secure their personal capabilities and branding of their projects.
The Current Problem with DNS Centralization
While DNS originally started off as a more local, distributed system, vulnerabilities encountered early on, such as rogue servers, led to the centralization of its management which shaped the industry in ways that have persisted to this day. Commerce and activity on the internet relies heavily on trusted third parties. And few at that.
The Solution
Domain Token is a multi-communication protocol management token that will provide singular and fully customizable addressing for all forms of electronic addressing and routing.
By utilizing encryption and a sophisticated but easy-to-manage interface, users can manage the secure electronic routing of all communication to one verifiable digital address that is both transparent and private.
When someone claims a Domain Token, he or she gives it a “name.” That name is fused to that token and becomes “active.” Active tokens are a separate designation for the token as it can still be traded, sold, or freely given, but they are forever designated to that particular name and all protocols assigned to it route only to that name.
One could claim a Domain Token for “XYZ” after which anyone using the address “XYZ” will see their payment (eg. cryptocurrency), email, web address, or whatever they were using it for, resolve to send to and ONLY to “XYZ.” Context is key. No misspelling traps. No worry about HTTPS since it is encrypted by default. No ability for someone to capture and reroute the information.
To start, the technology will be native and work throughout any Embermine Platform project, page, or program. This Platform is designed with its own verifiable identity schema and asset management system which are integral for a stable framework. We are currently in talks with several TLDs to incorporate DNS natively with it, allowing email and Voice over IP functionality. The goal is to become a bridge name space technology rather than a new design incompatible with existing structures.
DOM Demo Video from Namescon Las Vegas 2018:
https://youtu.be/XxNNOWd_ej4
Official Website:
http://www.domaintoken.io/
Team Info:
http://www.embermine.com/#team
DOM PDF Brochure:
http://docdro.id/lSWt5RT
Join the discussion on Telegram:
https://t.me/DomainToken
Embermine Whitepaper (DomainToken info on page 20):
http://www.embermine.com/wp-content/uploads/2017/12/Embermine-Platform-Whitepaper-V-1.1.1-Branded.pdf
Follow on Twitter:
https://twitter.com/domaintoken_io
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It is currently available on two exchanges:
Etherdelta: https://forkdelta.github.io/#!/trade/DOM-ETH
https://etherdelta.com/#DOM-ETH
Idex.Market: https://idex.market/eth/dom
Market Capitalization Info:
https://www.livecoinwatch.com/price/DomainToken-DOM