Domain trading is usually with the purpose of earning a profit or holding domains as part of an investment portfolio. Cloudname allows users to get the most out of their Domain Name assets, offering a vibrant marketplace, advanced analytics, NFT domains, tokenization, lotteries, and much more. As a game-changer in the domain trading landscape, Cloudname offers an easy-to-use integrated platform which represents a real breakthrough in the industry.
The platform offers an intuitive and interactive marketplace where users can directly interact with each other without the need to refer to external forums or communities. Cloudname allows you to buy, sell, rent and put on auction or bid on existing domains, all within a wonderfully designed platform.
As the first domain trading platform that allows for multi-chain domain name tokenization, where a single domain name can be fractionalized in multiple tokens. Tokenization also allows for the design of specific investment structures, where the token holders are able to perform specific tasks depending on the token properties, i.e. the tokens might allow users to have a say in how the domain name should be handled.
Along with the tokenization, Cloudname users can enjoy passive income on their domain name portfolio, being it by renting, staking, or investing in pools of domains. Moreover, users can get passive income by ads revenues or domain name staking and financing.
CNAME token, which will be listed on MEXC Global, is an essential feature of the Cloudname platform. As the utility token of the platform, CNAME unlocks a wide range of utility functions across the Cloudname platform and the possibility to scale account levels. The features include fee discount, access to domain analytics, predictive algorithms, lotteries, and free sale promotions.
MEXC Global has been working closely with Cloudname. With the partnership between Cloudname and MEXC Global, the domain trading platform has the opportunity to access more than 7 million users around the globe. MEXC Global will not only provide $CNAME with added liquidity, but also be a strong power to help Cloudname reach more people and make domain investing to be more democratized and decentralized.
The deposit and the listing of the CNAME Token will be open at 12:00 (UTC) on February 24th, 2022.
About MEXC Global
Established in April 2018, MEXC Global is a digital asset trading platform with over 7 million users, which offers users one-stop services including spot, margin, leveraged ETFs, derivatives trading and staking services. The core members of the team come from international enterprises and financial companies and have experience in blockchain and financial industries.