Polka.Domain is a decentralized, interoperable blockchain naming service with an integrated domain and Polkadot-based NFT marketplace. Protected by the Polkadot network, Polka.Domain aims to integrate cryptocurrencies
addresses to a decentralized domain preserving user privacy. And it gives end users ownership of their data and resources. Polka.Domain further contributes to the greater Web3.0 scene by 1) offering cross-chain compatibility and interoperability for multi-asset cross-chain transactions and 2) building a decentralized marketplace for domains and NFTs for all. The NAME token acts as a utility token that facilitates payments and governance within the Polka.Domain ecosystem. The NAME can be obtained from Domain Mining and is used for any transaction fees associated with domain registration and management, fees associated with domain auction and NFT, trading and trading, staking and governance. Polka.Domain launched its core network on April 16, 2021 with 10 million NAME tokens created in genesis.