We now have an IP address for our server. The next step is to make our hostname point to this IP address.
220.127.116.11 > wmysed.softnik.com
This has to be done at the DNS provider. The DNS provider may be your hosting company or a third party (Amazon Route 53, ZoneEdit, DnsMadeEasy). Find out who provides the DNS services for your domain and then login to their interface. Set an A record that point's to your droplets IP address.
Here is a sample screen-shot that shows A record setup for wmysed.softnik.com
Once you set the A record, it will normally take a few minutes for the record to propagate. Wait a while and then open your browser. Enter your hostname in the address-bar and check if it goes to your brand new droplet.