AllDomains, a number one multi-chain web3 title service supplier, has introduced the launch of .sol Plus, a brand new improve programme that transforms conventional .sol domains into renewable, revenue-sharing property – unlocking lifetime incomes potential for .sol area house owners, whereas rising liquidity and sustainability throughout the Solana ecosystem.
This announcement comes as AllDomains surpasses 1 million registered domains throughout main blockchains together with Solana, Eclipse, SOON, Sonic, and Monad, marking a serious milestone within the decentralized naming house.
Introducing .sol Plus
Initially created by Solana Title Service (SNS), .sol domains are everlasting and non-renewable—which means as soon as bought, they may sit idle in inactive wallets indefinitely. The brand new .sol plus mannequin, pioneered by AllDomains, introduces annual renewals and shared royalties on each renewals and secondary gross sales, turning domains into long-term revenue-generating property.
When a .sol area is locked into the .sol Plus system:
- It stays totally recognizable and purposeful as a .sol title.
- It turns into renewable, requiring annual maintenance to stay lively.
- It generates perpetual royalties throughout all future transactions.
All future gross sales or renewals of a .sol Plus area observe this break up:
- 40% to the area proprietor
- 40% to AllDomains
- 20% to SNS (the unique area issuer)
- This ensures ongoing worth creation for all stakeholders – together with SNS, who now advantages from a recurring income stream not doable underneath the previous system.
Why Area Homeowners Ought to Improve?
By upgrading to .sol Plus, area holders:
- Earn 40% royalties on each future sale of their area
- Maintain their domains lively and tradable
- Forestall property from being saved in dormant or inactive wallets
- Change into ecosystem companions, not simply one-time patrons
- Strengthening the .Sol Ecosystem
By introducing renewability and liquidity, .sol Plus combats the stagnation of inactive .sol domains, unlocking the total financial potential of digital naming. The improve additionally permits SNS to proceed incomes on domains it created, whereas enabling AllDomains to increase its revolutionary cross-chain platform with out fragmenting the namespace.
AllDomains: One Million Domains and Rising
With over 1 million domains registered throughout 5 main chains, AllDomains is on the forefront of Web3 naming infrastructure. Its platform empowers customers to personal, commerce, and monetize domains that combine seamlessly throughout the Solana ecosystem and past.
This milestone alerts rising demand for decentralized id and area utility—and AllDomains is setting the usual with interoperability, possession, and innovation. https://alldomains.id/
Disclaimer: The data supplied on this press launch will not be a solicitation for funding, neither is it meant as funding recommendation, monetary recommendation, or buying and selling recommendation. It’s strongly really useful you apply due diligence, together with session with knowledgeable monetary advisor, earlier than investing in or buying and selling cryptocurrency and securities.
