The Ronin Name Service (RNS), a key feature of the Ronin blockchain, is set for its public sale on November 15th, at 10am ICT. This service allows users to replace complex blockchain addresses with easily recognizable .ron domain names, enhancing user experience in the Ronin ecosystem.
RNS is more than just a naming protocol; it’s poised to become an integral part of a user’s identity across Ronin-based games and applications. With over 11 million Ronin addresses already existing, RNS offers a unique opportunity for users to personalize their digital presence.
The sale will include Regular Names, Protected Names, and High-Value Names, with a special auction for select High-Value Names in categories like bushido, gaming, and animals. The auction and sales of RNS names will contribute to the Ronin Treasury, supporting the ecosystem’s growth.
Regular Names are available to users on a first-come, first-served basis, with an annual fee for maintenance but no reservation fee. High-Value Names, identified by their relevance to Web3 gaming or their high demand on other chains, will be auctioned to deter speculative hoarding. A Reservation Fee, set at 15% of the domain price, will be applied to these names.
Protected Names, reserved for trademark branches, partners, and key community members, cannot be traded. This policy ensures these names remain a reliable identifier for these entities within the Ronin ecosystem.
The RNS model draws inspiration from the Ethereum Name Service (ENS), addressing the challenges of speculative name hoarding and maintaining a focus on user utility and accessibility.
As the Ronin blockchain continues to gain traction, with milestones like Pixels’ growth and ZOIDS’s migration, the RNS public sale marks another significant step in Ronin’s journey. This initiative is not just about simplifying addresses; it’s about building a more cohesive, user-friendly, and identifiable gaming community on the blockchain.
