Polka.Domain’s NAME token

We are excited to introduce Polka.Domain’s native token NAME.

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:

Token Mechanics Summary:

  • 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

Token Metrics Summary:

Maximum supply: 10,000,000 NAME

Total amount to raise: $450,000

Initial market-cap on launch: $150,000

Strategic Round: $400,000 to be raised

Public Round: $50,000 to be raised. More information on Public Round will be published in the upcoming days.

Token distribution is as follows:

Take ownership of your digital identity and assets.

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