Domin Network
Domin Network (Domin Foundation) operates on-chain commercial data infrastructure connecting Web3 dApps with real-world commerce via the NFT Redeem Protocol, ERC-6672 standard, and Operator/Authorizer Node architecture across 17+ blockchains, monetized through the $DOMIN utility token.
- Company typePrivate
- Founded-
- Headquarters—
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Domin Network does
Domin Network (operating as the Domin Foundation) is a private blockchain infrastructure company building on-chain commercial data infrastructure that connects Web3 decentralized applications with real-world (IRL) commerce. The platform uses NFTs, DePIN, and AI to roll up consumer purchase behavior from merchant apps into multi-chain ecosystems, with the stated goal of onboarding the next billion consumers into on-chain commerce.
The company's core technology stack centers on the NFT Redeem Protocol — a payment-like plugin dApps and traditional apps can integrate to process NFT redemptions for physical goods and services — and the ERC-6672 standard, an EIP-recognized upgrade from ERC-721 and AtomicAssets that enables multi-redeemable, real-life-connected NFTs. The architecture uses two node roles: Operator Nodes (integrated dApps/Apps that collect in-real-life consumer data) and Authorizer Nodes (smart-contract-mediated data broadcasters), with rewards distributed in $DOMIN. The platform spans 17+ blockchains including Polygon, Base, Arbitrum, Bitlayer, Conflux, IoTeX, WAX, and Berachain, and claims 10,000+ device integrations, 1,000,000+ commercial data records, and 250,000+ on-chain consumer data records.
Domin's business model is token-centric rather than fee-based: the $DOMIN utility token has a fixed 1 billion supply and serves as the transaction fee for data exchange and as a reward mechanism distributed to node operators, suppliers, and consumers sharing behavior data. The token is listed on KuCoin and MEXC. The company targets three primary segments — dApps and Web3 platforms (gaming, NFT, social-fi, DePIN), IRL commerce operators (retail, luxury, e-commerce, IoT, vending, ticketing), and end consumers — and is backed by investors including Animoca Brands, 500.co, Polygon, IBC Group, Presto Labs, and Outlier Ventures. Disclosed revenue is not available and the management team is not publicly documented in the source material.
Domin Network firmographics
Firmographics- Name
- Domin Network
- Legal name
- Domin Foundation
- Website
- https://domin.foundation
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Domin Network (Domin Foundation) operates on-chain commercial data infrastructure connecting Web3 dApps with real-world commerce via the NFT Redeem Protocol, ERC-6672 standard, and Operator/Authorizer Node architecture across 17+ blockchains, monetized through the $DOMIN utility token.
- Ownership category
- akta.pro rank
Domin Network industry classification
Industry- Product category
- Blockchain Infrastructure
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- NFT Commerce, Ticketing & Utility Enablement (token-gated access, memberships, passes, ticketing rails) (FSAPAFAJ)
- akta.pro secondary industries
- NFT Standards, Metadata & Interoperability (ERC standards, metadata hosting, portability) (FSAPAFAD), NFT Infrastructure APIs & Indexing (NFT data APIs, indexing, search, analytics) (FSAPAFAE), Metaverse Virtual World Platforms (social worlds, land, UGC) (FSAPAGAD)
Keywords
Domin Network business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Domin Token Utility: Domin Token ($DOMIN) serves as a transaction fee for exchanging consumer data and is redistributed to network participants including nodes and suppliers. Consumers receive Domin Tokens as rewards for sharing their consumer behavior data. The token has a fixed total supply of 1 billion.
- Node Participation Rewards: Operator Nodes (dApps/Apps) collect consumer data and receive $DOMIN rewards. Authorizer Nodes provide data broadcast services to Operator Nodes and gain $DOMIN rewards.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Domin Network product offering
Product offeringCore offering
Domin Network operates as a blockchain-based on-chain commercial data infrastructure platform that connects real-world (IRL) commerce data with Web3 dApps and multi-chain ecosystems. It provides the NFT Redeem Protocol — an open-source API/SDK plugin that any dApp or App can integrate to link NFTs with physical goods, services, and consumer behavior — along with the ERC-6672 multi-redeemable NFT standard, Operator Node and Authorizer Node solutions for decentralized data collection and broadcasting, and the $DOMIN utility token used as a transaction fee for data exchange across the network.
Product overview
Domin Network is an on-chain commercial data infrastructure platform that connects real-world commerce with Web3. The portfolio consists of the core platform (On-chain Commercial Data Infrastructure), the NFT Redeem Protocol as the primary product module for connecting digital assets with physical goods and services, the ERC6672 standard for real-life connected NFTs, Operator Node and Authorizer Node solutions for decentralized data collection and broadcasting, the $DOMIN utility token, and a developer API/SDK. The platform runs across 17+ blockchain networks and is supported by DePIN, AI, and NFT technologies.
Differentiator
Problem solved
Functional benefit
Brands
- $DOMIN: Utility token serving as transaction fee for exchanging consumer data and redistributed to network participants including nodes and suppliers.
Products and services
- NFT Redeem Protocol The core protocol of Domin Network, enabling digital assets to be connected with real-world assets, services, and behaviors. It functions as a payment-like plugin integrated into dApps and Apps (existing and deployed services), facilitating NFT redemptions for physical goods and services — dApps present physical goods from Apps for NFT redeeming, while Apps accept NFT redemption to deliver physical goods to NFT holders. It is targeted at Web3 dApp developers and IRL commerce operators.
- ERC-6672 (Real Life Connected NFT Standard) An Ethereum Improvement Proposal standard developed by Domin Network for Real Life Connected NFTs. ERC-6672 enables NFTs to record in-real-life data by interacting with the NFT Redeem Protocol, allowing consumers to access the status of physical goods linked to NFTs using on-chain data. It is a fully compatible upgrade from ERC721 and an upgrade from AtomicAssets, designed for adoption by any dApp.
- Domin Token ($DOMIN) A utility token used as a transaction fee for exchanging consumer data on the Domin Network. Domin Tokens are redistributed to network participants including nodes and suppliers; consumers who share consumer behavior data receive Domin Tokens as rewards. The token has a fixed total supply of 1 billion and is listed on KuCoin (DOMIN-USDT) and MEXC (DOMIN-USDT).
- On-chain Commercial Data Infrastructure Domin Network's core platform that seamlessly rolls up real-world commerce data to a multi-chain ecosystem, utilizing NFTs, DePIN, and AI to optimize consumer data in dApps. The platform connects Web3 dApps with IRL Apps, enabling on-chain consumer data collection, app integration, and consumer engagement across 17+ blockchain networks.
- Domin Network API and SDK Open-source API and software development kit provided by Domin Network for developers to build solutions connecting Web3 and IRL. Supports cross-platform, cross-terminal, multi-chain, and multi-device development; Operator Nodes can use it to collect consumer data, create redemption campaigns, and process NFT redemptions, while Authorizer Nodes can use the smart-contract plugin to broadcast consumer data to the blockchain.
Quantifiable outcome
- 10,000+ device integrations across the network
- +2 more outcomes
Companies that use Domin Network
Customer profileSegments3 records
Ideal customer profiles2 records
Domin Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration20 records
Feature6 records
Domin Network partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core.
- PolygoncorePolygon is a major blockchain infrastructure partner supporting the Domin Network ecosystem as both a technology partner and financial backer.
- WAXcoreWAX blockchain is integrated as a supported chain and serves as both a technology partner and financial backer.
- BitlayercoreBitlayer is a blockchain infrastructure partner supporting multi-chain operations within the Domin Network ecosystem.
- ConfluxcoreConflux blockchain is integrated as a supported chain for cross-chain commerce data.
- MorphcoreMorph L2 blockchain is integrated as a supported chain for Domin Network operations.
- MintcoreMint blockchain is supported as part of the multi-chain ecosystem.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Domin Network competitors and assessment
Company assessmentOthers
- The Graph: The Graph provides decentralized blockchain data indexing and querying APIs. It is adjacent to Domin's NFT data indexing and on-chain consumer data infrastructure, and could be used alongside or in place of Domin's own data layer for blockchain data retrieval.
- Chainalysis: Chainalysis provides blockchain analytics, data, and compliance infrastructure. It is an adjacent data-infrastructure player in the broader on-chain data ecosystem that Domin participates in as a commercial-data provider.
Direct peers
- Reservoir: Reservoir provides NFT infrastructure APIs for indexing, aggregation, and cross-chain marketplace execution. It is directly comparable to Domin's NFT data APIs and indexing capabilities (FSAPAFAE), serving similar developer audiences building NFT commerce flows.
- Thirdweb: Thirdweb is a Web3 developer platform offering SDKs, smart contracts, and APIs for building NFT marketplaces, tokens, and dApps across multiple chains. Its NFT infrastructure APIs and developer-tool positioning overlap directly with Domin's API/SDK-first GTM and multi-chain NFT standard support.
- NFTrade: NFTrade is a multi-chain NFT marketplace and infrastructure provider supporting EVM chains, with marketplace APIs and aggregation features. It is directly comparable to Domin's NFT marketplace enablement and multi-chain NFT infrastructure layer.
- Boson Protocol: Boson Protocol is a Web3 commerce protocol that enables NFT-based commitments redeemable for real-world products and services. It is the closest direct competitor to Domin Network's NFT Redeem Protocol, addressing the same phygital commerce use case with a similar token-incentivized architecture.
Broad incumbents
- Alchemy: Alchemy is the dominant Web3 developer platform providing node infrastructure, NFT APIs, and indexing services across major chains. It serves a much broader developer base but competes with Domin in the NFT infrastructure APIs and developer-tooling category.
- Polygon Labs: Polygon operates a major L2 ecosystem and NFT infrastructure that Domin integrates with and is backed by. Polygon is an incumbent providing the underlying chain layer, and could at any point compete with Domin by offering native phygital commerce primitives.
- Rarible Protocol: Rarible operates both an NFT marketplace and a multichain NFT aggregation/infrastructure protocol with APIs for order routing and liquidity. It overlaps with Domin's NFT marketplace and infrastructure layer at a broader, more established scale.
- Animoca Brands: Animoca Brands is a major Web3 gaming, NFT, and metaverse investor and operator with hundreds of portfolio companies. It is both a Domin investor and a broader incumbent building NFT/gaming infrastructure that touches the same gaming-IRL use cases Domin targets.
Market position
Strengths5 records
Weaknesses2 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Domin Network social profiles
Digital presenceDomin Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Domin Network leadership team
Management profileNumber of profiles
Profiles1 record
Domin Network funding detail
Funding detailFunding overview
Funding rounds2 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Domin Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Domin Network
What does Domin Network do?
Domin Network operates as a blockchain-based on-chain commercial data infrastructure platform that connects real-world (IRL) commerce data with Web3 dApps and multi-chain ecosystems. It provides the NFT Redeem Protocol — an open-source API/SDK plugin that any dApp or App can integrate to link NFTs with physical goods, services, and consumer behavior — along with the ERC-6672 multi-redeemable NFT standard, Operator Node and Authorizer Node solutions for decentralized data collection and broadcasting, and the $DOMIN utility token used as a transaction fee for data exchange across the network.
Is Domin Network a public or private company?
Domin Network is a private company. It is classified as venture growth investor backed and is currently operating.
When was Domin Network founded?
Domin Network was founded in -1. It employs 11 to 50 people.
How does Domin Network make money?
Two revenue lines are on record. Domin Token Utility is the primary driver. The others are node Participation Rewards.
Who are Domin Network's main competitors?
Others on record are The Graph and Chainalysis. Direct peers are Reservoir, Thirdweb, NFTrade and Boson Protocol. Broad incumbents are Alchemy, Polygon Labs, Rarible Protocol and Animoca Brands.
Does Domin Network have an API?
Yes. Domin Network provides an open-source API/SDK for developers to build solutions connecting Web3 and IRL. The API/SDK enables dApps and Apps to integrate with the NFT Redeem Protocol, supporting cross-platform, cross-terminal, multi-chain, and multi-device functionality. Operator Nodes can use the API/SDK to collect consumer data, create redemption campaigns, and process NFT redemptions. Authorizer Nodes can use the smart contract plugin to broadcast consumer data to the blockchain. Developer documentation is at docs.domin.network.
What industry is Domin Network in?
Domin Network's product category is Blockchain Infrastructure. Its primary akta.pro industry code is FSAPAFAJ, NFT Commerce, Ticketing & Utility Enablement (token-gated access, memberships, passes, ticketing rails), with a secondary code of FSAPAFAD, NFT Standards, Metadata & Interoperability (ERC standards, metadata hosting, portability). Its NAICS code is 5182 and its SIC code is 6200.