NFT’s are not in the toilet!

Right. The NFT is an asset in my wallet. The domain is not. It’s not like the domain you bought through Google Domains, since when you buy that domain you’re…buying the domain.

Here, you’ve just bought the NFT. The company that was performing the services necessary to translate that NFT into a specific domain is no longer doing that, and there’s no-one else to turn to. Unstoppable wasn’t acting as a vendor for ENS domains - they were running their own proprietary system that linked the domain name to the actual wallet addresses. So when they break that link, you own the NFT, but you no longer have any rights to the domain that the NFT previously “pointed” to - because it’s not being offered any more. If someone else wants that domain, you have no way to sell it to them. You have an NFT, but you don’t have the domain.

The appeal behind Unstoppable is that you paid them once, got your NFT, and therefore “own” your domain forever. Unlike ENS registries, which are analogous to DNS registries, it’s not an annual hosting fee - with Unstoppable, you allegedly owned your domain in perpetuity.

However, because all you’re buying is the NFT - and not that perpetual domain hosting service - if Unstoppable decides to stop providing that service, you’re SOL. Your “Leap1.coin” domain no longer resolves to your online wallet. You still have the NFT which shows that you purchased the domain Leap1.coin…but you can’t do anything with it, and it isn’t useful to you or anyone else.