Web3 Domains Registrar: How To Set the SLD Price for Your TLDs

web3 domains registrar

The domain name system has evolved with the emergence of Web3 technologies. It allows people to purchase decentralized domains and establish decentralized websites. It is also the foundation of all kinds of blockchain services like web3 emails, web3 meetings, crypto payments, etc. Decentralized domains are registered on the blockchain. They provide distinct advantages over standard domains such as greater security, resistance to censorship, and ownership control.

If you own a TLD, knowing how to establish the SLD price is critical to ensuring that your domain is reasonable and accessible to customers. Also, you have to hold important generating income for yourself. In this blog post, we’ll look at how Web3 domain registrars work. We will also look into what factors determine SLD pricing. We’ll discuss how to create a competitive SLD fee to attract people to your TLD and produce long-term revenue.

You will learn and get detailed instructions on setting SLD rates for your TLDs on Web3 domain registrars. You need this whether you are a business owner, a blockchain enthusiast, or a domain name investor.

Find a video tutorial on how to set custom prices here! 

What is a Web3 Domain Registrar?

Web3 domains registrar is a decentralized platform that uses blockchain technology to provide domain registration and management services. Users can utilize Web3 domain registrar to register and administer their own top-level domains (TLDs). You can as well as determine the rates for their second-level domains. (SLDs).

To change the SLD price for your TLDs, go to the “Pricing” section of your domain management dashboard. Select the TLD for which you wish to establish prices and enter the appropriate price for each SLD. You may also define various rates for premium domains and SLD categories.

How To Set the SLD Price for Your TLDs on Freename

As you read on, you will learn all that you need to know about SLDs prices. You will also learn how you can choose the perfect price as you earn passively via your registered TLD. This is one of the latest and most amazing offers from Freename, the custom SLD pricing.

Before we dive into the steps for setting up a custom SLD price, let’s first understand what SLDs are. Also, what they are and why they are important. 

SLD stands for Second Level Domain, which is part of the domain name that comes directly before the TLD (Top Level Domain). For example, in the domain name “example.com,” “example” is the SLD, and “.com” is the TLD. SLDs are important because they help to identify and differentiate websites on the internet.

Now, let’s talk about SLD pricing. SLD pricing refers to the cost of registering and maintaining an SLD for a particular TLD. The price of an SLD is set by the TLD registrar, but with custom SLD pricing offered by Freename. You can set your own price and earn passive income.

You must be really excited because of this benefit that comes with being a Web3 domain registrar and a TLD registrar. Setting up a custom SLD price is quite easy and less time tasking. Follow the steps as discussed below and you won’t have any difficulties as you proceed:

Log in to your Freename account and go to your dashboard.

  • Go to my user and then, to my portfolio, navigate to your Freename TLDs. You might have registered one or more TLDs. You will find every one of them there.
  • Go to Manage, for example, let’s say .lambo. Please note that you need to have Royalties activated in order for this function to work. This is because you need to allow other users to register domains under your TLDs.
  • Inside the .lambo here, you will see the customized prices section.
  • Click, and you will have all the combinations of letters, emojis, numbers, etc. Other users can register under your TLD. All of these are different use cases that help you utilize your user intents.
  • Save your change once you are satisfied.

Please note that it depends on which domain you are checking out. Some might have two numbers, while some might have up to three numbers. This provides you with all of the combinations that you can think of. With that, you can choose in which case to change the pricing.

For example, if you want to change the pricing for domains registered under the .lambo TLD with two numbers. You can just use this scroll here to select the price, that is the final price of the SLD.

web3 domains registrar

Before applying the change, you will have the basic price from Freename. Then a result when you have applied your variation to this specific domain. Remember, every one of these is a different instance of a possible domain that is sold under our TLD. You can scroll through it all and just check whether to change the pricing for any of those cases.

Once you’ve selected the prices for every combination that you like, you will just have to save the changes via email verification. From then on, all of the domains sold under your TLD will be priced accordingly to what you indicated there. This gives you total control over the pricing under your SLD, making you one of the Web3 domain registrars.

Conclusion

Setting the second-level domain (SLD) price for your top-level domains (TLDs) in the Web3 domains registrar is an important decision. It also requires careful consideration of factors such as market demand, competition, and the perceived value of your TLDs. You should be taken into account when determining the price of your SLDs.

It is important to strike a balance between setting a price that is affordable and attractive to potential buyers. It must also generate sufficient revenue to cover the costs of running and maintaining your TLDs. Additionally, it is recommended to monitor the market trends and adjust the SLD price accordingly. It will help it to remain competitive and relevant in the ever-evolving Web3 ecosystem.

Ultimately, the success of your TLDs will depend on how well you position them in the market. The SLD price is a crucial component of that strategy. You must carefully consider the various factors and take a thoughtful approach to price. Through that, you can maximize the potential of your TLDs and position yourself for long-term success in the Web3 space.

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How does it work?

Accordingly to the day when you will finalise your purchase, you have the right to receive from 1 to 3 NFT Domains for FREE!

Once you have completed your order, within 48h you will automatically receive on www.freename.io platform, in your personal area “portfolio” the randomly assigned NFT Domain/s.

You can chose on which blockchain you want to mint on and minting fee is covered by Freename!

HOW TO USE COUPONS:

Once you have added your favorite items to the cart, you proceed to “checkout” and add your coupon to the “coupon box”.

Said coupon will instantly do its magic and your due total will drop!

COUPON CODE CAN ONLY BE USED ONCE!
ENJOY YOUR SHOPPING AND GIFTS!

How does it work?

Once you have completed your order, you will automatically receive on www.freename.io platform, in your personal area “portfolio” the randomly assigned NFT Domain value $50 or if you’re lucky a randomly assigned TLD with value $699 (between these: .immersive; .multiverse; .freelancer; .cashback; .hologram)

you can chose on which blockchain you want to mint your NFT Domain/TLD on and minting fee is covered by Freename!

GOOD LUCK!

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Why do i Need a Wallet?

Freename domains are blockchain-based assets and would be minted and stored using a wallet. Users are required to mint and manage their domains using a Metamask or Coinbase-configured wallet. It must be a non-custodial wallet, meaning that one must own the private keys to the wallet in order to approve transactions via a signature.

To benefit from Freename Web 3 domains/TLDs, you must have a wallet. This is because Web 3 domains/TLDs are blockchain-based assets. Users can mint and manage their domains using Metamask or Coinbase-configured wallets.

Keep in mind that it must be a non-custodial wallet. You own the private keys to the wallet (in order to approve transactions via a signature).

Are the Domains Associated with ICANN?

ICANN does not manage freename.io domains. Freename.io believes their TLDs/domains must allow customers to operate independently. Freename.io wants to build a utility infrastructure, allowing customers to use their services for valuable and generative purposes. By leveraging blockchain technology, Freename Web 3 domains/TLDs have no centralized authority imposing rules and regulations.

What is a Wallet?

Every blockchain user requires a wallet in order to interact with the network. A wallet is essentially an account on the blockchain where transactions can be sent and received. It is also where one can store blockchain assets such as cryptocurrency or NFTs (non-fungible tokens). There is no personal information associated with a wallet and none is required to create one. A wallet consists of a public key and a private key. The public key can be safely shared with anyone who wishes to send assets to the corresponding wallet, however, the private key should not be shared and is the key to accessing the wallet in the event where access is lost or to create another instance.

A crypto wallet (cryptocurrency wallet) is software or hardware that enables users to store and use cryptocurrency. With cryptocurrencies, there isn’t any actual money to carry around in a wallet. They exist on the blockchain. Similarly to traditional bank transfers, crypto wallets enable users to send and receive cryptocurrencies, NFTs, etc.

A wallet consists of a public key and a private key. To receive assets, you share your public key associated with your wallet. You should NEVER share your private key.

How do i Claim my Earnings from Freename

ou can withdraw revenues generated passively through a cryptocurrency transfer. Connect your cryptocurrency wallet and, once your withdrawal request is confirmed, the desired amount is pulled from Freename’s reserves and conveniently delivered to you!

Claim your earnings by following these steps:

  1. Connect your cryptocurrency wallet to Freename.io
  2. Request a withdrawal
  3. Receive request confirmation
  4. Receive withdrawal directly to your wallet.

Can i Transfer Domains?

Yes. The domain is stored in your cryptocurrency wallet and can be transferred by you after you have minted it. Access your portfolio, select the TLD or Domain you wish to transfer and type the recipient’s address. Afterwards, you must paste the OTP code you received by mail to confirm the transaction. Keep in mind that currently, it is not possible to import the domain that has been transferred, but it will be possible soon!

Yes. Domains are transferable ONLY after a TLD/domain has been minted and stored in a user’s wallet.

To transfer the TLD (or domain), the user must:

  • Access their wallet
  • Select the item they want to transfer
  • Enter the recipient’s address.
  • Confirm the transaction by pasting the OTP received by email

In the future, Freename.io will support importing domains that have been transferred.

What about Trademarks?

Registering a trademark on your Freename Web3 TLD will allow you to protect your web3 TLD and your logo worldwide juridically.

From the moment you deposit a trademark request, your web3 TLD will be protected worldwide for 6 months awaiting for the Swiss Federal Institute of Intellectual Property (IGE.ch) to confirm and register the availability of your TLD.****

A trademark is any symbol, phrase, or word that allows customers to identify a company’s goods or services. Freename is a web3 domain/TLD provider that also provides trademark registration.

A user must reach out to the trademark department to register a trademark. To get your trademark filed for review at the Swiss Federal Institute of Intellectual Property, a user must provide the following:

  1. Complete a Know your customer (KYC)
  2. A list of TLDs they wish to trademark
  3. Proof of payment

Once these conditions are met, it takes one week for the trademark to be reviewed and logo/TLDs to be provided with six months of worldwide protection.

Is Minting the same as Buying?

Purchasing a TLD (or domain) on Freename and minting it on the blockchain are two distinct steps. When you purchase a TLD (or domain), the transaction is recorded in Freename’s database and not on the blockchain. Minting a TLD (or domain) on the blockchain requires a second step: log into the user’s personal area, select the TLD (or domain) and press “mint TLD” (or domain): done! Don’t worry, once you have purchased a Freename domain, no one can take it away from you!

No. Buying and Minting a TLD/domain are two different things.**

Buying **is the process of recording a transaction on Freename’s database and not on the blockchain.

Minting is the process of pushing a user’s domain from Freename.io data onto the public ledger of a blockchain and into a user’s wallet. Giving the user full control over the TLD/domain.

It is very easy to mint a domain/TLD once you purchase it. Simply:

  • Log into your personal area
  • Select the TLD (or domain)
  • Press “mint TLD” (or domain)

What is Domain Minting?

Minting is the process of publishing a Freename domain (or TLD) on the blockchain via your wallet to gain full custody of the domain. This means that the only person that has control over the domain (or TLD) is the person who controls (has access to) the wallet.

Minting is the process of pushing a user’s domain from Freename.io data onto the public ledger of a blockchain and into a user’s wallet. Giving the user full ownership over the domain.

Minting on Freename.io is as simple as the following steps:

  1. Go to the Freename.io website
  2. Enter the TLD/domain you want to buy in the search bar
  3. Add the TLD/domain to your cart
  4. Go to checkout
  5. Create a Freename.io account
  6. Purchase the TLD/domain with cryptocurrency or a credit card
  7. Go to “portfolio and incomes.”
  8. Click on mint TLD/domain

Which domains are Protected?

Protected domains and TLDs are domains and TLDs that we’ve detected are associated with a brand, organization, or notable person. We believe it is important to increase adoption for the next generation of the internet by helping to onboard brands into the Web3 era. If you are interested in applying for a Protected domain, please contact us.

TLDs/Domains associated with a notable person, brand or organization are considered Protected Domains. Protected domains help onboard brands in Web 3 increasing adoption. Protected domains also protect users from others impersonating/stealing their domains.

Reach out to Freename.io to apply for a protected domain.

Why use Freename?

Freename domains are unique by their very nature: only with Freename you can register domains with unique TLDs for your digital identity while passively earning money!

Freename.io is not only the leading TLD and Domains platform in Web 3, but also lets users generate passive income!

Owning a Freename Web 3 TLD entitles users to receive passive income whenever a domain is bought on their TLD. Users can register and mint TLD/domains of their choice if available.

What is a Domain?

A domain name is a string of letters and/or numbers that points to the IP address of the corresponding website. Generally, it is easier to remember a name than a long string of numbers.

A domain name is an address that people type into a browser bar to find a website. It consists of a Top-Level Domain (TLD), everything that comes after the dot, and the Second-Level Domain (SLD), everything that comes before the dot.

For example, “Freename.io” is the domain name, “Freename” is the SLD and “io” is the TLD.

Which Chains are Supported?

Freename has a multi-chain approach. You can choose on which Blockchain to mint your Web3 Domains and TLDs ranging Among Polygon, Cronos, and Binance.

A user can mint a Freename.io domain/TLD on the following blockchains:

  • Polygon
  • Cronos
  • Binance

Freename plans to expand its multi-chain approach by adding blockchains upon which domains can be minted.

Are there Renewal Fees?

No! Once you’ve bought a Freename Domain or TLD, it’s yours forever, no renewal fees ever!

No. There are no renewal fees on Freename.io. Once a user has paid a one-time payment for a domain/TLD, they own it. Forever.

This is the significant advantage of Web 3 domain/TLD over traditional alternatives.

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