FLOKI, the provider of dog-themed memes and utility tokens, has announced the introduction of the Floki Name Service on the BNB Chain mainnet, in partnership with the SpaceID protocol.
Floki Name Service is a decentralized domain name service that allows users to establish personalized .floki domain names. This service makes it easier to connect with decentralized applications by providing recognizable and memorable domain names, hence increasing public access to the decentralized web. These domains can be utilized for a variety of purposes, such as launching decentralized websites, blogs, and résumés.
With the impending launch of Floki’s decentralized website service, the versatility of these domains is set to expand even further.
The .floki domain name service is built using SPACE ID infrastructure, allowing it to interface with some of the most popular cryptocurrency dapps, including Trust Wallet, SafePal, PancakeSwap, OKX Wallet, and many more.
Floki Name Service includes several significant features. It is built on the BNB Chain, which provides security and transparency through decentralization. Users can build custom .floki domain names based on their choices.
Additionally, the service interfaces smoothly with a variety of decentralized apps (dApps). Leveraging the knowledge of SpaceID Protocol, a prominent domain name service provider, improves reliability and efficiency.
For this service, users have to visit the official website on the BNB Chain mainnet and have to connect their compatible wallet to the platform. After that, they have to search desired .floki domain name and follow the on-screen instructions to register it.
Cost Structure for Domain Names
A standout feature of the Floki Name Service is its exclusive use of $FLOKI as the payment token. This decision not only enhances the utility of $FLOKI but also strengthens the overall fundamentals of the Floki ecosystem. By driving demand for $FLOKI, the introduction of FNS supports the token’s market value and promotes broader adoption.
The pricing for registering a .floki domain name is as follows:
- 5+ Character Domains: 16,000 $FLOKI (approximately $4.28) per year
- 4 Character Domains: 160,000 $FLOKI (approximately $42.79) per year
- 3 Character Domains: 660,000 $FLOKI (approximately $176.49) per year
The price of Floki dropped 5% in the last 24 hours and at the time of writing, the price is $0.0002685. This introduction is likely to attract significant attention and may influence the price of Floki.
Also Read: Floki Soars 15% in 24hrs, Outshining SHIB, PEPE, and WIF
