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D3 establishes a 1 million USDC developer fund to promote the testing network ecosystem of domain assetization protocol

Jun 24, 2025 20:40:24

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ChainCatcher news, according to Decrypt, Web3 domain infrastructure provider D3 Global announced the establishment of a $1 million USDC developer fund to support the ecosystem development of its Doma Protocol public testnet. This testnet includes two core components: the developer program Doma Forge and the domain investment platform (start.doma.xyz), aimed at transforming the $364 billion domain industry into on-chain real-world assets (RWA).

The Doma Forge program will provide developers with three resources:

  1. A million-dollar funding pool to support projects from development to mainnet deployment;
  2. Technical on-site guidance and integration channels with ecosystems like Solana and Base;
  3. An open-source API toolkit to support domain data applications in scenarios such as DeFi and digital identity.

The testnet will simultaneously launch a domain trading platform, supporting on-chain tokenized trading of traditional domains like .com and .xyz, as well as Web3 suffixes like .solana and .shib, enabling fractional ownership and DeFi liquidity access.

D3 CEO Fred Hsu stated that the protocol bridges the Web2 and Web3 domain markets through an ICANN-compliant framework and has already achieved technical integration with public chains like Solana and Avalanche. The testnet will open domain asset trading, staking, and other functionality verification to over 400 million crypto wallet users.

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