Indacoin & EDNS to accelerate users to the web3 space

Maria Potapneva
Indacoin
Published in
3 min readFeb 9, 2023

A global partnership has been disclosed between British fiat-to-crypto conversion gateway Indacoin Ltd and Ether Domain Name Services (EDNS), a decentralized naming protocol designed to break down Internet domain boundaries with decentralized on-chain domain technology. This agreement is meant to integrate Indacoin with the EDNS SDK, potentially benefiting millions of credit and debit card holders to buy/receive cryptocurrencies by providing an EDNS domain.

Currently, crypto-wallet addresses range from 30 to 36 hexadecimal digits. Send this countless series of numbers to a friend or a customer to make transactions is prone to human error, and the results can be catastrophic for newbies. EDNS has come to the market to address this problem with a seamless solution: to provide Web 3.0 domain name services to bridge the way for traditional Web 2.0 users to join the decentralized Web 3.0 space. To achieve its mission, the EDNS team has created the most disruptive end-to-end solution for hosting and decentralized domains built on the Polygon blockchain. That way, all users can access a seamless and easy-to-use space to create human-readable, catchy, and unique NFTs domains. For instance, NFT domains like “.meta” replace long, alphanumeric wallet addresses and reduce the risk of sending the wrong address. This makes Web3 more approachable for everyone.

Driven by the vision of leading the way to Web 3.0 for all, EDNS is emerging as the ultimate one-stop shop for web3-related demands.

To enable mass adoption of the Web3 domain, the EDNS team has decided to join forces with Indacoin, a pioneer in the fiat-to-crypto exchange industry with a track record of working with top-tier companies, including Changelly and OKX. That way, all Visa and MasterCard owners can feel confident in buying cryptos with an EDNS Domain at ease in a secure space in a matter of minutes.

Anvar Sidorov, Partnerships Director at Indacoin, commented on the news:

We are pleased to announce that we have partnered with EDNS, a key player in the crypto space. We truly admire their remarkable work in developing an underlying technology to help users onboard to Web 3.0. We are confident this partnership will help millions of crypto enthusiasts benefit from unique domain names for Web 3.0-related demands.

About EDNS:

EDNS is a name and lookup service built on the Polygon blockchain, a layer-2 scaling solution for Ethereum, and it’s compatible with Ethereum allowing crypto users to translate their machine-readable addresses to human-readable addresses. It provides a Decentralized Domain Naming Service for Web 3.0-related demands, including NFT, Cryptocurrency Wallet, Web hosting, DeFi ID, and GameFi ID in the Digital world.

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About INDACOIN:

Indacoin is a pioneer fiat-to-crypto gateway with Visa and Mastercard processing globally. The company has been operating since 2014, and its primary focus lies in developing anti-fraud software, which has enabled millions of users worldwide to quickly and safely buy cryptocurrencies. Indacoin is one of the most prominent players in the crypto community that provides risk-free transactions for more than 100 partners.

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