Namefi Product Information

Namefi — 100x Faster and Cheaper Domain Trading

Namefi is a blockchain-enabled platform that tokenizes DNS domains into NFTs, enabling faster, safer, and DeFi-ready domain trading. Domains are minted as Namefi NFTs when imported and burned upon export, providing verifiable and visible ownership on the blockchain. The service supports many TLDs and integrates with NFT marketplaces and DeFi/TradFi platforms of your choice.

Key concepts:

  • NFT-based DNS ownership: Your domain is represented as a Namefi NFT on the blockchain.
  • Mint-on-import, burn-on-export: Ownership is created when you import a domain and destroyed when you export.
  • DeFi readiness: Use your domain as collateral and interact with DeFi protocols.
  • Open-source smart contracts: Smart contract is publicly auditable.
  • AutoENS compatibility: Enables receiving crypto payments using Internet domain names with AutoENS integration.

Supported scope:

  • TLDs: Currently supports hundreds of TLDs (329 listed in FAQs) with ongoing expansion.
  • Platforms: Minted NFTs can be traded on NFT marketplaces or used across DeFi/TradFi pipelines.

AI Potential:

  • Namefi AI can help reveal the value and potential of DNS names, guiding registration choices for maximum value.

FAQ highlights:

  • What can I use Namefi for? Register/import 300+ TLDs, tokenize them into NFTs, and trade or leverage them across platforms. AutoENS enables crypto payments using domain names.
  • Do they support ENS/Handshake/Unstoppable Domains? Namefi focuses on tokenizing web2 domains and does not issue its own web3 names; it can integrate with features from other web3 names (e.g., AutoENS).
  • How to get airdrops and tokens ($NFSC)? Early signups and engagement via signup forms, Discord, and Twitter can qualify for airdrops; $NFSC is offered to eligible users and is phased in as the project expands.
  • Is Namefi open to more users soon? Currently in beta with limited access via airdrops; broader access will come as the program scales.

Community and governance:

  • Community channels: Discord, Twitter, GitHub, Telegram, LinkedIn, Namefi Blog, Namefi Events.

How Namefi Works

  1. Import or register a domain name (over 329 TLDs supported).
  2. The domain is tokenized into an NFT on Ethereum (Namefi NFT).
  3. Use the NFT to trade on marketplaces or leverage in DeFi/TradFi platforms.
  4. When exporting the domain, the NFT is burned, returning ownership to you in a non-tokenized form.
  5. All operations are supported by open-source smart contracts for transparency and security.

Safety and Legal Considerations

  • Names are tokenized assets representing ownership on the blockchain; ensure you have rights to tokenize and trade the domain.
  • Understand applicable regulatory requirements for tokenized assets and DeFi interactions in your jurisdiction.

Core Features

  • Tokenize DNS ownership into NFTs (Namefi NFT)
  • Mint on import; burn on export for verifiable ownership
  • DeFi-ready domains usable as collateral across DeFi protocols
  • Fast settlement in a decentralized database
  • Supports hundreds of TLDs; ongoing expansion
  • AutoENS integration for crypto payments using domain names
  • Open-source smart contracts for transparency
  • Access via beta programs with potential $NFSC airdrops
  • NFT marketplace and DeFi/TradFi interoperability