by 0xbc02db030361121dd43bbb2fcbcb4f9f98c1dc7d (Ballerina)
Linked Pre-Proposal
Summary
Should we promote dcl names as an alternative cryptocurrency wallet addresses?
Abstract
I have been playing around with the ENS APP (https://app.ens.domains/) and with their latest update the app shows various information on Decentraland names. By using the app’s set resolver function it has become extremely simple & easy to set any Decentraland name as the primary name. What this means is Decentraland names can be used to send & receive cryptocurrency/nft’s to all wallets & all networks. For test purposes I have successfully set one of my name, Burrito.dcl.eth as the primary name. I have also sent eth to this name which was successfully delivered & can be seen on etherscan. PFP image upload function also worked.
Motivation
There are many advantages for using Decentraland names as a human readable cryptocurrency wallet addresses.
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No yearly renewal fees
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2,3,4 or 5+ Letter or Digit are all capped at 100 Mana initial mint price
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In-game Avatar Names
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In-game link/location URL’s
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100Mb of Free Decentraland Worlds Space
This unique aspect of promoting/marketing dcl names as human readable crypto wallet addresses could help assist many existing & new users in web3 & other metaverse’s to step into Decentraland eco system for the first time. Resulting in mass adoption from wider communities.
Currently 3 letter/digit ens names cost $640 per year, 4 letter/digit ens names cost $160 per year. We can use this to our advantage for promoting/marketing dcl names.
Please Vote; Yes or No
Specification
I highly suggest & recommend some of the basic functions of ENS App to be developed, designed, built & integrated into Decentraland Builder App. This way users don’t need to leave Decentraland website and go to https://app.ens.domains/ to set resolver, primary wallet address etc… Since most of the work is already completed and Builder App is operating smoothly, it shouldn’t be too hard to implement the changes that are required.
Here’s what the new dcl builder app must have
- Ability to upload PFP’s
- Ability to set resolver & primary wallet address
- Multi chain support including, Litecoin, Bitcoin, Ethereum , Solana and others
- Send & Receive cryptocurrency & nft functions
- Link to tracking scanner for every chain like Etherscan etc…
- Incentives for using DCL names; Promotions, rewards, marketing etc…
Conclusion
As you all know, DCL Names are ENS Subdomains and with the latest ENS App https://app.ens.domains/ it is now possible to set DCL names as primary wallet addresses that are human readable. Having the option to set DCL names for sending & receiving cryptocurrency from wallet to wallet but not just for Ethereum network is a golden opportunity. With ENS App, DCL names can be used for Litecoin, Bitcoin, Solana, Cardano, Matic (Polygon) and many others. This proposal represents a great alternative to ENS & Unstoppable domains by lowering the costs alongside lifetime ownership without any maintenance or yearly renewal fees. Overall it is an excellent opportunity to bring/involve new & existing Web3 (Metaverse) users into Decentraland eco-system. I have not mentioned Unstoppable pricing because they have multiple extensions & very confusing pricing structure based on character length etc…