Web3Domain are decentralized in nature and they are actually Non-Fungible Tokens (NFTs). This means that each Web3Domain is unique and cannot be replaced or exchanged for another Web3Domain name.
One of the ways that Web3Domain can be used is as a form of membership and identity verification. When a user tries to log in to a website that is partnered with Web3Domain, the website will ask the user to connect their MetaMask wallet. If the web3 domain exists in the connected wallet, it will allow the user to log in or access restricted content.
This means that the web3 domain acts as a form of membership, providing users with access to restricted content or services. Additionally, it also verifies the user’s identity, as the Web3Domain can only be accessed if it exists in the user’s connected wallet. This eliminates the need for users to remember usernames and passwords, as they can simply use their web3 domain to log in to partnered websites.
In summary, Web3Domains are decentralized in nature and they are actually NFTs, which can be used as a form of membership and identity verification. When a user tries to log in to a website that is partnered with Web3Domain, the website will ask the user to connect their MetaMask.