How can businesses benefit from Web3 domains?

The idea behind the decentralized internet is simple but powerful: users should have complete control over their data, digital identity, and online assets. In today’s traditional internet (often called Web2), most platforms control our accounts, data, and even our online presence. Social media platforms, apps, and websites store our information on centralized servers. This means the platform ultimately has the power to manage, restrict, or even remove our accounts. This is exactly the problem that the Web3 ecosystem* * is trying to solve. Web3 introduces a new internet model where ownership and control shift from centralized platforms to individual users. Instead of relying on big companies to manage identity and access, people can control their own digital identity using blockchain technology. One of the most important tools making this possible is Web3 domains. A Web3 domain is not just a website address. It acts as a blockchain-based identity that belongs entirely to the user. These