What is NNS
Last updated
Last updated
Nouns Name Service is a new concept of open Naming System funded by Nouns.
Launched on Ethereum Mainnet, it has now been migrated to Base.
NNS was born to solve a simple but massive problem for projects and communities:
It's incredibly hard for a new project to build a Naming System from zero.
The biggest challenge is not the creation of the Top Level Domain itself. That's the easiest part.
Everyone can create a TLD with a few clicks and everyone can start selling names.
The real challenge is making sure that the TLD is resolved everywhere. If the TLD is not resolved by websites, apps, wallets and platforms...then it's basically useless.
Which is exactly why the market is currently controlled by a limited number of players who in the last years have been able to build a great network of resolvers.
Example
What makes a .eth incredibly valuable is not the TLD itself, but the network of resolvers that makes it resolved everywhere.
NNS takes a completely different approach compared to the other Naming Systems.
Instead of creating a closed network of resolvers to bring value to a proprietary TLD, NNS mission is to create a network of resolvers that is fully open and accessible to any project that wants to build their own TLD on the protocol.
Projects and communities will be able to launch their naming system - fully resolved everywhere from the start - in a matter of minutes.
On NNS, everything is shared with the participants who contribute to make the protocol bigger and stronger.
The protocol began this experiment with the .⌐◨-◨ and .nouns names and it will soon be open to more and more projects and communities in the Nouns ecosystem and beyond.
