In a press release .Build, the new Top Level Domain (TLD) for internet domain names has announced that it will now accept Bitcoin as a payment method from its customers. Launched this year, .BUILD, went live in April of 2014 and offering sophisticated services for domain name buyers. The company is a part of the new expanded Internet made up of many new TLD’s beyond .com, .net and .org.
Talking about the company a source from it says that .build is a new generic top level domain (gTLD) designed especially for the online needs of the building industry which is expected to do well in the industry. It is aimed to expand Internet beyond the limits of the .com world and provide an attractive alternative.
The source from the company says that beginning next year there will be hundreds of new gTLD’s, each one focused on a specific community, brand or geography and in such a situation there will be huge demand for its services. Accepting Bitcoin it is trying to attract the tech savvy people who wish to explore the new technology.
The company believes that by having a meaningful extension to a website or email .BUILD provides an opportunity for companies to improve their online identity and web presence with the power of an industry-specific domain name as well. It says that the targeted domains will become an integral part of any company’s web presence and SEO strategy in 2014 and beyond.
Accepting Bitcoin is Part of Embracing Innovation Says the Company
Answering to the question how is .build different from .com, the source from the company said that as users may have noticed recently .com is full and there is no scope further for the companies and individuals. However, there is no such issue with .build, an online namespace focused solely on the needs of the building community.
George Minardos, CEO and Founder of .BUILD admitted that his company is excited to be a leader in the creation and innovation of the New Internet. According to him as security with online payments becomes a growing concern every day, it was the logical next progression in the virtual building world to accept a crypto-currency standard like Bitcoin.
He admitted that at .BUILD it is their mission to constantly improve and innovate the way the domain name industry conducts businesses in order constantly provide value for end users.
To contact the reporter of this story: Deepak Tiwari at deepak@forexminute.com