Base launches Basenames: new opportunities for users
Base, an Ethereum-based network, has introduced a new feature called Basenames. Basenames are essentially subdomains that run on the Ethereum Name Service infrastructure. How does it work?
Auction: Initially, domains are sold through an auction, where the price starts with the highest bid and gradually decreases. This helps to avoid massive purchases of domains by bots.
Free domains: After the auction is over, users who meet certain criteria will be able to get a free domain (from 5 characters). These criteria include: verification on Coinbase, participation in the Base buildathon, etc.
Purchase: You can purchase a domain on the official Base website.
Why is it important?
Basenames open up new opportunities for users of the Base network. They help to simplify interaction with various services and projects in the ecosystem.Where can I find out more?
Official website:

Base launches Basenames: new opportunities for users
Base, an Ethereum-based network, has introduced a new feature called Basenames. Basenames are essentially subdomains that run on the Ethereum Name Service infrastructure. How does it work?
Auction: Initially, domains are sold through an auction, where the price starts with the highest bid and gradually decreases. This helps to avoid massive purchases of domains by bots.
Free domains: After the auction is over, users who meet certain criteria will be able to get a free domain (from 5 characters). These criteria include: verification on Coinbase, participation in the Base buildathon, etc.
Purchase: You can purchase a domain on the official Base website.
Why is it important?
Basenames open up new opportunities for users of the Base network. They help to simplify interaction with various services and projects in the ecosystem.Where can I find out more?
Official website: https://www.base.org/names

An intrepid coder by day, a DeFi degen by night. I live on the bleeding edge, testing boundaries, pushing limits. From flash loan attacks to oracle manipulation

Sounds interesting, man. I'll check out the official site for more details.