Releases Early Bird Event, Gas Fee Consumption Surpasses ENS, Public Claim Coming Soon

On November 17th,’s DID protocol launched a permanently free .did domain early bird events, with more than 10,000 users participating online. Within 24 hours, the on-chain gas fee consumption surpassed ENS, resulting in a 50% growth rate for .did domain holders. At present, the number of community members have exceeded 60,000 in the first week. has reportedly partnered up with BitKeep Wallet, iToken Wallet, Bybit, KuCoin Wallet, Coinhub Wallet, ONTO Wallet, Assure Wallet, and other industry-leading wallets, DeFi, and exchanges. DAO organizations, NFT communities and more to build a network for the .did domain.

The .did domain is permanently free, de-factionalized, supports cross-chain, has a fair distribution scheme and has the support of top-level partners. The .did domain also has a distinctive competitive advantage compared to other DID projects, where the current mainstream domain names from the public chains such as .eth, .bnb, .sol etc.,  are incompatible with each other and form fragmented user groups. At the same time, they also require an expensive renewal fee for ownership, therefore hindering new users to enter the Web. also has opted for a fair distribution scheme for premium domains. Unlike most projects that are flooded with click farmers or hacker projects, only allows 1 address to mint 1 .did domain in the early bird phase, which greatly avoids the problem of premium domains being swiped away or the speculations of leaving the project team with priorities. Based on the fact that DIDs are still predominantly speculative, has reserved some domain names and will continue to allocate them to users who have contributed to the community through airdrops and auctions.

Kory Pak, CEO of said:” It has been a difficult time unlike any other. We still have decided to launch the project under the challenges of the bear market. Our community’s active participation in the early bird event has given us great confidence. We want to initiate a new phase of permanently free DID ownership, providing users with a low barrier to DID ownership experience, breaking the circle and attracting more users to enter Web3. We hope that our initial intention of providing permanently free and fair ownership will bring more convenience to more Web3 users.”

Pak continued, being free doesn’t mean a lack of a business model. has reserved some of its short domains with less than 5 digits and can be purchased through auctions, the proceeds will be used to build the project in the long run. will also be launching a luxury domain project in the near future. will also launch its official public mint at 20:00 (UTC+8) on November 18th, and Kory Pak thinks that it might be a historic day for the DID industry to go completely free.

For more information, please visit:





Related Posts

Bitcoin ‘millionaire’ wallets drop 80% in year of BTC price bear market

Twelve months after Bitcoin’s last all-time high, seven-figure BTC balances have taken a hit. Bitcoin (BTC) millionaires are becoming an increasingly rare breed as numbers fall 80%…

Despite 2 Entities Holding 73% of the FTX Token Supply, FTT Price Still Holds Above $1 per Unit

While a large fraction of crypto assets dropped a great deal in value during the past few weeks and bitcoin is down 18.2% in 30 days, the…

Dogecoin, Solana, XRP Lead Post-Thanksgiving Gains as Bearish Sentiment Wanes

DOGE is up by a double-digit, while XRP has gained by 7% in the last seven days. The overall crypto market valuation is up as tokens recover…

Top 5 Most Expensive BAYC NFTs Ever Sold

The NFT landscape has become a flourishing ecosystem enabling creators to embark remarkable NFTs to marketplaces worldwide. One such creator is Yuga Labs, the brain behind the Bored…

Russia President Putin Calls For Blockchain-based International Payment System

Russian President Vladimir Putin said there is a need for a new and independent international settlement system amidst the sanctions and restrictions placed on his country. President…

Putin calls for blockchain-based international payment system

The Russian President criticized Western’s sanctions and urged for a system “independent of external interference”. Russian President Vladimir Putin criticized monopoly in global financial payment systems and…

Generated by Feedzy