AllDomains Unveils .sol Plus to Transform Domain Revenue Models

Unlocking the Future of .sol Domains with .sol Plus

AllDomains is making waves in the web3 domain space with its latest offering: .sol Plus. This innovative upgrade program reimagines traditional .sol domains, enabling them to become renewable, revenue-sharing assets. The goal? To unlock a lifetime of earning potential for .sol domain owners and enhance liquidity and sustainability across the Solana ecosystem.

A Milestone for Domain Registration

In an impressive achievement, AllDomains has surpassed 1 million registered domains across multiple blockchains, including leading players such as Solana, Eclipse, SOON, Sonic, and Monad. This significant milestone reflects their commitment to pioneering decentralized naming solutions.

Transforming Domain Ownership with .sol Plus

Previously, .sol domains issued by Solana Name Service (SNS) were permanent and non-renewable. What this meant was that once acquired, these domains could remain dormant in inactive wallets indefinitely. However, with the introduction of .sol Plus, domain owners can now enjoy annual renewals and shared royalties on both renewals and future sales, transforming previously idle assets into long-term revenue generators.

Features of the .sol Plus Model

When a domain is enrolled in the .sol Plus program, it retains its functionality as a recognizable .sol name while adhering to new structures:

• Renewable with annual upkeep required to maintain activity.
• Capable of generating perpetual royalties from all future transactions.

Revenue Sharing Mechanism

Every sale or renewal of a .sol Plus domain follows an equitable split:

• 40% goes to the domain owner.
• 40% to AllDomains.
• 20% to SNS, the original issuer.

This structured revenue sharing not only ensures value for the domain owner but also establishes a recurring revenue model for SNS, significantly improving the economic dynamics of the entire ecosystem.

Why Upgrade to .sol Plus?

Domain holders have multiple reasons to upgrade:

• Earn a significant 40% in royalties from any future sales.
• Keep domains active and tradable.
• Avoid having assets lost in dormant wallets.
• Transition from being mere buyers to proactive ecosystem partners.

Enhancing the .sol Ecosystem

The introduction of renewable domains and increased liquidity via .sol Plus counters the stagnation caused by inactive domains. This enhancement has the potential to unlock a wealth of economic opportunities within digital naming, allowing SNS to continue benefiting from the domains it first created while empowering AllDomains to grow its innovative cross-chain platform without creating disruptions.

AllDomains: A Leader in Domain Registration

With over 1 million domains registered across five major blockchains, AllDomains is firmly positioned as a leader in Web3 naming infrastructure. Their platform creates opportunities for users to own, trade, and monetize their domain names seamlessly across the Solana ecosystem and beyond.

This growing user base illustrates the increasing necessity for decentralized identities and domain utility. AllDomains is committed to setting high standards through its focus on interoperability, ownership, and continuous innovation.

Frequently Asked Questions

What is .sol Plus?

.sol Plus is an upgraded program that allows .sol domains to become renewable and revenue-generating assets with shared royalties for owners.

How does the revenue sharing work?

Every sale or renewal of a .sol Plus domain involves a 40% share for both the domain owner and AllDomains, while 20% goes to SNS, ensuring benefit for all parties.

Why is it essential to upgrade to .sol Plus?

Upgrading helps domain owners earn royalties, keep their domains active, and prevents assets from becoming inactive.

What milestones has AllDomains achieved?

AllDomains has successfully registered over 1 million domains across key blockchains, showcasing its leadership in the web3 domain space.

How does .sol Plus improve the Solana ecosystem?

By offering renewability and liquidity, .sol Plus revitalizes stale .sol domains, unlocking opportunities within the digital naming economy.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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