July 3rd, 2023 — Web3 domain name protocol Punk Domains has teamed up with the Flare blockchain and garnered thousands of registrations for its newly-launched domain extensions, .SGB (Songbird Domains) and .FLR (flr.domains). 

Serving as human-readable labels for blockchain addresses, the domains can represent personal usernames, profiles, and identities in the fast-growing web3 world. Users can use their web3 domains as social media handles, attach data to them, and simplify the process of sending tokens by using a domain rather than a long string of alphanumeric characters.

Punk Domains now plans to integrate the domains into the Bifrost wallet, enabling all Flare users to mint their domains and transfer funds in a much easier way. The Flare Time Series Oracle (FTSO) will also be integrated to ensure fixed domain pricing regardless of SGB and FLR price deviations.

“When we launched our protocol on Songbird, the community welcomed us warmly and with great excitement,” said Punk Domains’ co-founders Techie.flr and Tekr.flr. 

“Their support touched us deeply and inspired us to create even more tools in this ecosystem. We’re eagerly looking forward to what lies ahead as we continue building on Flare and Songbird.”

Prior to launching .SGB and .FLR, Punk Domains created a number of domain services including .smol in the Arbitrum-based Smolverse and .klima domains alongside klimaDAO. The venture also created an open-source decentralized social network built on Songbird, SGB Chat. The network features integrated DeFi tools that enable users to access token swaps and other DeFi features without leaving the platform.

Designed to address the flaws of web2 social networks, including censorship and demonetization, SGB Chat boasts a content minting feature that lets creators monetize their contributions. Content is stored on decentralized storage systems to ensure data integrity and longevity, and a Flare version is already in development.

About Punk Domains

Punk Domains is a permissionless, decentralized domain name service running on multiple blockchains. The Web3 venture allows users to register a domain name that serves as a human-readable label for blockchain addresses, representing personal usernames, profiles, and identities. Punk Domains is also the creator of SGB Chat, the first decentralized social network on Songbird, the canary network for the Flare blockchain.

About Flare

Flare is the blockchain for data: the only Layer 1 focused on providing developers with information at scale in a decentralized manner. Flare is EVM based and has data acquisition protocols built into the blockchain rather than on top of it, so it can offer inexpensive and highly scalable access to more types of quality data. Flare’s State Connector enables information from other blockchains and the internet to be used securely, scalably and trustlessly with smart contracts on Flare. The Flare Time Series Oracle delivers highly-decentralized price and data feeds to dapps on Flare, without relying on centralized providers.

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