Floki Names Unveils Decentralized Domain Name Service on the BNB Chain

IconCryptoNewsTerminal Staff10 Jun, 2024

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Floki Names Unveils Decentralized Domain Name Service on the BNB Chain

Floki (FLOKI), a renowned meme coin project, has unveiled the launch of its decentralized domain name service (DNS), known as Floki Name Service (FNS), on the BNB Chain Mainnet. The announcement was made through Floki's official Medium handle, showcasing the partnership with SpaceID for developing this service. FNS allows users to create decentralized and human-readable domain names that can be used across various decentralized applications (dApps), including wallets and websites, on the BNB Chain. FNS is designed to provide a user-friendly and cost-effective way to access decentralized web services. Domain names can be purchased using the FLOKI token, with the cost varying based on the length of the desired domain. The pricing structure is as follows: - 5-character domains: 16,000 FLOKI - 4-character domains: 160,000 FLOKI - 3-character domains: 660,000 FLOKI To register a domain name on Floki Name Service, users will need a compatible wallet such as Trust Wallet (TWT), SafePal (SFP), PancakeSwap (CAKE), or OKX Web3 Wallet, among others. The process of registering a domain name is simple and straightforward, and users can choose from a wide range of available domain names. The launch of Floki Name Service is a significant step forward for the Floki ecosystem, as it provides a foundation for the development of decentralized web applications and services. By offering a user-friendly and affordable way to create decentralized domain names, FNS is poised to contribute to the growth and adoption of Web3 on the BNB Chain.