ECOWAS.net
ECOWAS.1
IBM Partner Programme Sites
Part of an IBM Partner Programme
Integrating ECOWAS.1
ECOWAS.1 will be operated as a Web 3 site for ECOWAS, along with its Web 2 Twin, ECOWAS.net.. As a Web 3 Domain, ECOWAS.1 will be able to provide an ECOWAS Web 3 presence.
Potential Use Cases
Monetization Options
Market Demand
Demand would be expected from:Web 3 and Web 3 Applications
The Internet has undergone massive changes in the last few years which has led to the emergence of Web 3. Web, the Internet of value,Features of Web 3 include distributed ledgers, NFTs, and cross-platform metaverses. However, there are barriers to entry to accessing and using Web 3. Ecowas.1 will be a Web 3 Gateway, and help break down those barriers to entry, and help provide access to Web3 services.
Web 3 is a paradigm which is changing the Internet. Web 3 Gateways will help how Web3 will be enabled and accessed for end users.
This would be a Web 3 Gateway Programme. Web 3 Gateways let you use Web 3 applications in your browser without having to install plugins or run nodes, and continue using the familiar Web 2, while enjoying the benefits of Web 3.
Use of Ecowas.1 as a Web 3 Domain
The domain is fully supported by the Operating Registrar, Namecheap, who are one of the largest Domain Provision companies in the world. The Domain is on the Handshake Network, meaning it has strong support across a well established ecosystem.
Handshake domains present a unique landscape in the world of online naming systems. Security is a major problem on the Internet today.
Advantages of .1 Domains, include enhanced security, in an environment that facilitates innovative solutions. The Handshake network provides stability and resilience for .1 Domains.
.1 Domains and Branding
.1 Domains are a scarce and valuable asset in the digital world. .1 domains are not only decentralized but also designed to be more resilient to phishing attacks. .1 Domains can be used as collectibles. They are Portable Web3 Identities that can be used across Web 3. These domains can provide Branded .1 Signposting in the Web 3 Space.
Web 1 was read-only, Web 2 is read-write-transact-share, Web 3 is read-write-transact-share-own-TransferValue.
The “.1” Top Level Domain (TLD) is a Web 3 TLD that confers the impression of being the “number 1” worldwide. This level of exclusivity and implied leadership is invaluable for domains serving as an umbrella portal.“Ecowas.1” is concise and stands out for being both descriptive and memorable.
“.1” is the briefest, most exclusive numeric TLD. Advertisers don't currently have many Web 3 advertising options. Ecowas.1 can also provide great advertising options.
Features of Web 3 Domains
Web 3 Domains are domains registered on a blockchain. They can be used just like traditional domains. However, what sets Web 3 domains apart is their distinct value. Each domain is unique and cannot be replicated, making them a scarce and valuable asset in the digital world.
One of the more frustrating aspects of crypto transactions is the reliance on lengthy wallet addresses, which are easy to mistype. Web3 domains solve this problem by allowing users to replace complex addresses with a simple, human readable name, making transactions faster and reducing the risk of costly errors.
Web3 domains are not only decentralized but also designed to be more resilient to phishing attacks, thereby enhancing security