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Decentralized private messaging platform Dmail has deepened its stance in the NFT realm by launching a non-fungible marketplace for email addresses. This latest development enables users to trade their email-themed collectibles, maximizing the utility of their digital assets.
Launched in 2021, Dmail aims to revolutionize how people interact by integrating email with blockchain technology, birthing a decentralized identifier (DID). Instead of submitting their personal information to an email company, Dmail allows users to create an account using their existing Web3 wallet addresses.
Helmed by artificial intelligence (AI), Dmail enables cross-chain email communication between users without disclosing personal data. The messaging platform also allows those with Web2 email addresses to send encrypted messages viewable only by the intended recipient.
Dmail introduced the NFT Domain to serve as an identifier that users can customize in their own way. They also serve as a bridge between holders and other products within the Dmail ecosystem. These non-fungible domains come in digits ranging from 4 to more than 12. The fewer the digits, the pricier the NFT domain. These digital collectibles can be transferred from one user to another. Owning most of these email-themed collectibles unlocks access to points for multiple benefits within the Dmail Network.
According to the platform’s website, over 3.16 million NFT domains have been minted. With the newly launched NFT marketplace, Dmail users and collectors can trade their domains at a 1% platform fee. Proceeds from the revenue will aid the development of the platform’s native cryptocurrency, $DMAIL. The crypto asset will also serve as the primary payment option on the BNB Chain.
The platform stated in its announcement that default wallet addresses are not tradeable. Instead, it supports trading for unique domains.
To incentivize its community to partake in the marketplace, Dmail NFT domain holders receive 300 points whenever they list their domains on the platform. Acquiring a domain on the market allows holders to receive 20x the purchase amount of the collectible. Various NFT platforms, such as OpenSea and Nifty Island, have adopted point systems to encourage users to utilize their products.
Dmail’s decision to launch an NFT marketplace that spans all its services demonstrates the platform’s commitment to delivering the most utility to its community. The email-focused company announced that additional products and rewards are forthcoming. Stay tuned for more updates.
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