Nfts
NFT Workx Leverages Unstoppable Domains to Launch First Tokenized Identity Solution for RWAs
Quick take:
- NFT Workx uses its e-commerce platform, mobile app, and third-party online shopping platforms such as Shopify and WooCommerce to tokenize real-world assets.
- The buyer gets a unique digital collectible representing the transaction and proof of authenticity for each purchase made.
- The company is currently launching the .WRKX top-level domain (TLD) with unstoppable domains, allowing users to browse Web3 using their unique digital identity “Name.WRKX”.
NFT Workx, a platform that tokenizes real-world assets at the point of sale, partners with Web3 digital identity and domain issuer Unstoppable Domains to launch the world’s first tokenized identity solution for assets of the real world (RWA).
NFT Workx launches .WRKX top-level domain (TLD), which will allow users to browse Web3 using their unique digital identity “Name.WRKX”.
The company uses its e-commerce platform, mobile app, and third-party online shopping platforms such as Shopify and WooCommerce to tokenize physical RWAs. According to NFT Workx, its platform delivers buyers a unique digital collectible representing the transaction and proof of authenticity for each purchase they make.
The company said the new platform integrates seamlessly with the secure NFT Workx wallet app, called Asset Workx, allowing users to send and receive cryptocurrencies and NFT. They will also be able to create new secure digital communities on Web3 and act as NFT Workx ambassadors using their branded domain extensions.
Commenting on the collaboration, Sandy Carter, COO of Unstoppable Domains, said in a statement: “The genius of NFT Workx is that it provides a simple and transparent value proposition for Web3. By creating digital collectibles of products at the point of sale through a range of major e-commerce platforms such as Shopify and WooCommerce, NFT Workx is a compelling demonstration of the power of Web3 to reduce fraud, strengthen consumer protection and managing digital identity in the decentralized future.
Adam Leese, CEO of NFT Workx, believes that the partnership between NFT Workx and Unstoppable Domains will help spread tokenized identities worldwide.
“As experts like Larry Fink have recognized, tokenized IDs are essential to reducing fraud, money laundering and corruption. With Unstoppable, we can now create a list of domains associated with well-known brands or people and prevent those domains from being made available for purchase,” Leese said.
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