PolkaDomain

• Decentralized domain name service built on Polkadot. Exchange, transfer, and auction domains
• Domains as NFTs
• Hexadecimal wallet addresses converted into domain names, users can make on-chain transactions with domains
• Cross-chain interoperability provided by Polkadot
• Domain & NFT marketplace

The NAME token serves as a utility token facilitating payments and governance inside the Polka.Domain ecosystem. A detailed flowchart of the Polka.Domain ecosystem and token mechanics can be found below

• NAME token can be obtained by Domain Mining which will be explained in detail in the upcoming days
• Domain registration fees will be paid in NAME, renewal fees will be paid in NAME.
• Domain auctions
• Domain exchange fees
• NFT and domain name marketplace fees will be taken in NAME
• NAME staking: Stakers with larger amounts of NAME staked for longer periods of time get access to exclusive domain names first.
• Governance

• Maximum supply: 10,000,000 NAME
• Total amount to raise: $450,000
• Initial market-cap on launch: $150,000
• Strategic Round: $400,000
• Public Round: $50,000

Token Distribution - 1

Token Distribution - 2