Bonfida price has been in a consolidation phase in the past few days as investors worry about the crypto industry.

Leading blockchain players have launched the Web3 Domain Alliance to combat fraud and naming collisions and promote technological advancement and user experience of the next generation of web3 domains, according to a press release on November 2, 2022.

The Web3 Domain Alliance has been formed to help prevent industry challenges around domain fraud and naming collisions. The post Web3 Domain Alliance starts with Unstoppable Domains, Bonfida as founding members appeared first on The Block.

Bonfida (FIDA), a product that creates a user interface, API, and data analytics for the Serum DEX, contributes to the development of new standards in the implementation of a community-centric approach.