The entrance of Metaverse is ENS,or BNS.

DanielVancouver
5 min readNov 14, 2021

Web 3 means Independent decentralized accounts to everything .

When we watched Zuckerberg’s video about his vision for the metaverse, I felt embarrassed.

Zuckerberg’s metaverse is corporate and VR. These giants, who had been in control of power in the web 2.0 , tried to keep themselves ahead through power and wealth on new era .

But the truth is: web3 is anti-power essentially. Zuckerberg won’t to give up his power ever.

https://youtu.be/gElfIo6uw4g

We are not actually talking about the technical details of VR or AR when the metaverse comes. It is about a brand new identity:“We’re talking about a special kind of digital identity, which we call self-sovereign digital identity, which means you own your identity and how to cache it locally, could be on a phone, could be on a card — as opposed to a form of identity that the government owns, or Facebook, or some other top-down player owns.” — — Greg Kidd

The entire Web3 focuses on the inspiration and inspiration by Bitcoin.Address is the only identity. We realized the economic activities restricted by the traditional Internet on DeFi.If decentralization is removed, Metaverse is no different from the VR/AR or video games over ten years ago.

Vitalik.eth

The crypto addresses was anti-human habit without ENS.ENS is an Ethereum-based dapp built on smart contracts. It allows users to register a unique domain name for their wallet address, allowing the transfer of funds to be made directly to a name instead of an address. … eth domain name for themselves by participating in an auction process, mediated by the blockchain.

We don’t need to enter 0xd8dA6BF26964aF9D7eEd9e03E53415D37aA96045 when we transfer money to Vitalik now, just Vitalik.eth.Through ENS’s domain name service, the blockchain will be simpler and more user-friendly for ordinary people, and it also avoids many scams based on complex addresses. Domain names was a niche market on web 2.0,and it’s a rigid demand for everyone for web3.0, .It can be said that ENS is the entrance to the Ethereum network.The competition for Internet entranc flow is the core exploration of web 3.0.

In the past two decades, whoever becomes the entrance of flow will become the super power .

Netscape、IE、yahoo、google、Facebook、Tik Tok……They have become the entrance of Internet flow in different eras.The ultimate winners are social media、short video and search engines.

Netscape,1994

Based on the characteristics of decentralization, the Internet entranc flow all in address.Whether you are an institution or a investor.

This protocol can be considered monopolistic. ENS should be the only domain name service provider on the Ethereum, and it will grow rapidly with the expansion of ETH.

Therefore, although you may missed airdrop of ENS, you should use the crypto domain name. The reason for the explosion of cryptopunk is that they have increased their authoritative in the social media. Based on the basic logic of cryptopunk, I have reason to believe that the future of ENS may be the best NFTs .

In addition to ENS, we can consider other crypto domain name services:

1.Solana: Bonfida.sol

The domain name project on Solana is developed by the Bonfida team, which is the infrastructure development team on Solana , providing a domain name system ending in “.sol”.

SNS domain name registration brand bidding model, all auctions are publicly conducted on the domain name registration official website. The auction lasts for seven days. All users can participate in the bidding. In addition, there is no concept of renewal for SNS domain names, and purchases are eternal domains.

At present, SNS domain name support and Twitter account, you can directly use “. domain name or Twitter account to send SPL local communication”, but the wallet that does not support this function, http://sollet.io money support. In addition, SNS domain names also support the construction of their own subdomains, almost searching for related subdomain registrations under their own main domain names.

2.BSC:Binance Name Service(BNS) — — .bsc

After ENS announced the airdrop plan, many people began to pay attention to Binance Name Service (BNS) https://bsc.host/#/. At present, BNS has only launched the testnet and has no plans to release tokens. BNS currently only supports the “.BSC” domain name. Based on the similar airdrop logic of ENS, I think we should also test it. After all, testnet is free.

Similar to the charging standard of ENS, the charging standard of BSC is also based on the length of domain name characters. I believe that as the market value of ENS reaches within 100 in the cryptocurrency field, BNS will also usher in a high degree of attention.

https://bsc.host/#/

3、Terra: TNS — — .ust

TNS is the domain name service on the Terra chain. The top-level domain name is in the form of “.ust”. TNS allows other data to be set, such as NFT, email, Twitter account, etc., so in addition to the wallet on the chain, TNS can also be regarded as a personal data on the chain.

The registration fee rules and prices for domain names are as follows:

·Domain names with 5 characters or more: 16 UST/year.

· 4-character domain name: 60 UST/year.

· 3-character domain name: 640 per year.

4、Tezos-.tez

The top-level domain name format on the Tezos chain is “.tez”. The domain registration mode is similar to that on Solana. It is a bidding mode. Annual renewal, domain name registration only supports letters and numbers, and Tezos also supports subdomains.

The annual renewal price of a domain name depends on the length of the domain name:

· The annual fee for a domain name of five characters or more is 1tez.

· A four-character domain name costs 25tez per year.

· A three-character domain name costs 100tez per year.

5、Handshake

Handshake is an independent public chain, an experimental peer-to-peer root naming system.Handshake is an experiment which seeks to explore those new ways in which the necessary tools to build a more decentralized internet.By running Handshake, one can participate in a decentralized open naming platform secured by a decentralized peer-to-peer network.Its investors include famous VCs such as a16z and Sequoia Capital.

Compared with applications such as ENS that rely on the underlying public chain, the Handshak project has developed more slowly, and most of the tokens have been distributed to developers at the beginning, resulting in relatively low currency prices.

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