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Much of the Ethereum community agrees that layer 2 projects are key to the future of the Ethereum ecosystem. But, like so many others, we feel frustrated by the slow adoption of these projects. Layer2DAO aims to support builders of the Ethereum layer 2 ecosystem by helping expand the Ethereum L2 ecosystem and investing in L2 ecosystem projects.
Many of you might be familiar with Ethereum Name Service (ENS), which wallet owners commonly use to register .ETH domain names. These domain names are stored on-chain as NFTs that can be used in place of the usual hexadecimal wallet address. While this has become very popular amongst the Ethereum crowd, it has also come with big gas bills on mainnet. We are overdue for an L2 solution.
When we first came across Punk Domains here at Layer2DAO, we immediately knew we needed to partner with them. Punk Domains not only offers an L2 alternative to ENS, it also vastly expands the concept of on-chain domain names. While ENS does offer “importing” of regular web1 domain names on-chain, the concept is limited to web1 Top Level Domains (TLDs), such as .org and .de. Punk Domains allows setting up web3 native TLDs that live on L2 chains, such as Arbitrum, Optimism, and Gnosis Chain, but can be used across the entire web3 ecosystem, much like .ETH domains.
While Punk Domains is still relatively new and doesn’t have the wide adoption that ENS has, their team is actively working with wallet providers and DeFi dapps to integrate Punk Domains into their applications.
Layer2DAO is the owner of the .L2 top level domain (TLD), allowing us to sell domain domain names with these domain extensions in perpetuity! This will create an ongoing revenue stream for the DAO. We will share revenues with Punk Domains for a limited time as part of our partnership. We’re going to begin with sales of .L2 domains and add .LAYER2 domain sales in the near future.
Unlike with ENS, all .L2 domain registrations are final and permanent. If you register BANANAS.L2 (why would you not?), you will not need to renew the registration and fear losing the domain name down the road. Once you’ve minted a domain name, it is yours until you sell it.
We’re going to open up domain sales to L2 early adopters first, which will be verified via the L2 Early Adopter NFTs on Optimism. Higher levels will be able to mint one domain per NFT first, followed by lower levels, followed by the public. It pays to be an early adopter!
The public price to mint a permanent .L2 domain is 0.025 ETH. During the private pre-sale we will be offering free and discounted registration for holders of the L2 early adopter NFTs. Each NFT will allow minting one .L2 domain during the pre-sale. All revenue from domain sales will go to the Layer2DAO treasury for re-investment into L2 ecosystem projects.
Monday, April 11 17:00 UTC NFT Levels 5–9 can mint one domain per NFT Price: Free
Thursday, April 14 17:00 UTC NFT Levels 4–9 can mint one domain per NFT Price: 0.01 ETH
Monday, April 18 17:00 UTC NFT Levels 3–9 can mint one domain per NFT Price: 0.01 ETH
Thursday, April 21 17:00 UTC NFT Levels 2–9 can mint one domain per NFT Price: 0.01 ETH
Wednesday, April 27 17:00 UTC NFT Levels 1–9 can mint one domain per NFT Price: 0.01 ETH
Monday, May 2 17:00 UTC Public sale begins, anyone can mint as many domains as they’d like Price: 0.025 ETH
All sales will take place at https://punk.domains/#/partners/l2dao.
If you don’t already own an L2 Early Adopter NFT, you can see if you are eligible to claim one on the Layer2DAO website. Some NFT owners have listed theirs for sale on Quixotic. To learn more about Punk Domains, check out their docs. As always, you can learn more about Layer2DAO in our docs, or follow us on Twitter.
Much of the Ethereum community agrees that layer 2 projects are key to the future of the Ethereum ecosystem. But, like so many others, we feel frustrated by the slow adoption of these projects. Layer2DAO aims to support builders of the Ethereum layer 2 ecosystem by helping expand the Ethereum L2 ecosystem and investing in L2 ecosystem projects.
Many of you might be familiar with Ethereum Name Service (ENS), which wallet owners commonly use to register .ETH domain names. These domain names are stored on-chain as NFTs that can be used in place of the usual hexadecimal wallet address. While this has become very popular amongst the Ethereum crowd, it has also come with big gas bills on mainnet. We are overdue for an L2 solution.
When we first came across Punk Domains here at Layer2DAO, we immediately knew we needed to partner with them. Punk Domains not only offers an L2 alternative to ENS, it also vastly expands the concept of on-chain domain names. While ENS does offer “importing” of regular web1 domain names on-chain, the concept is limited to web1 Top Level Domains (TLDs), such as .org and .de. Punk Domains allows setting up web3 native TLDs that live on L2 chains, such as Arbitrum, Optimism, and Gnosis Chain, but can be used across the entire web3 ecosystem, much like .ETH domains.
While Punk Domains is still relatively new and doesn’t have the wide adoption that ENS has, their team is actively working with wallet providers and DeFi dapps to integrate Punk Domains into their applications.
Layer2DAO is the owner of the .L2 top level domain (TLD), allowing us to sell domain domain names with these domain extensions in perpetuity! This will create an ongoing revenue stream for the DAO. We will share revenues with Punk Domains for a limited time as part of our partnership. We’re going to begin with sales of .L2 domains and add .LAYER2 domain sales in the near future.
Unlike with ENS, all .L2 domain registrations are final and permanent. If you register BANANAS.L2 (why would you not?), you will not need to renew the registration and fear losing the domain name down the road. Once you’ve minted a domain name, it is yours until you sell it.
We’re going to open up domain sales to L2 early adopters first, which will be verified via the L2 Early Adopter NFTs on Optimism. Higher levels will be able to mint one domain per NFT first, followed by lower levels, followed by the public. It pays to be an early adopter!
The public price to mint a permanent .L2 domain is 0.025 ETH. During the private pre-sale we will be offering free and discounted registration for holders of the L2 early adopter NFTs. Each NFT will allow minting one .L2 domain during the pre-sale. All revenue from domain sales will go to the Layer2DAO treasury for re-investment into L2 ecosystem projects.
Monday, April 11 17:00 UTC NFT Levels 5–9 can mint one domain per NFT Price: Free
Thursday, April 14 17:00 UTC NFT Levels 4–9 can mint one domain per NFT Price: 0.01 ETH
Monday, April 18 17:00 UTC NFT Levels 3–9 can mint one domain per NFT Price: 0.01 ETH
Thursday, April 21 17:00 UTC NFT Levels 2–9 can mint one domain per NFT Price: 0.01 ETH
Wednesday, April 27 17:00 UTC NFT Levels 1–9 can mint one domain per NFT Price: 0.01 ETH
Monday, May 2 17:00 UTC Public sale begins, anyone can mint as many domains as they’d like Price: 0.025 ETH
All sales will take place at https://punk.domains/#/partners/l2dao.
If you don’t already own an L2 Early Adopter NFT, you can see if you are eligible to claim one on the Layer2DAO website. Some NFT owners have listed theirs for sale on Quixotic. To learn more about Punk Domains, check out their docs. As always, you can learn more about Layer2DAO in our docs, or follow us on Twitter.
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