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@shirakawakanon
Hello everyone! There may be a (lot of) new ways to distribute assets based on ens subdomains Nowadays there is no additional cost to register an ens subdomain other than the fee set by the owner of the parent domain.
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@shirakawakanon
So just set the rules for asset issuance, then allow the freemint for subdomains, and finally burn the parent domain, and we've got a fair way to launch assets like brc20 did Each subdomain can be a nft that's possible for a wrapper (though not as natively as erc404) to make it a fungible token.
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@shirakawakanon
Its big advantage over the already existing erc20 memes are that each domain name as a token ticker is unique on the ethereum network, unlike erc20 where it's easy to create plenty of fake tokens with the same ticker. It can be seen as, using ens domains as native tickers to create tokens/nft
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@shirakawakanon
The expiration date of a sub-domain is equal to that of the parent domain, and there is no additional cost. After the parent domain is burnt, the whole community can pay for its renewal, so you don't need to worry about the expiration.
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