CVP Proposal: OpenName-Building Omnichain Name service for Metis

Introduction OpenName is an Omnichain Name Service designed for millions of Web3 users. It supports seamless cross-chain name transfer using LayerZero and also supports custom TLDs.

How does OpenName work? At OpenName, users can register their favorite web3 domains, TLDs and establish their own domain ecosystem.

When you register a TLD, you have ownership, management, operation, and revenue rights over the TLD. Every time someone uses your TLD to register a domain name, you can earn domain registration fees!

OpenName helps users generate income, enhance community consensus, and improve brand awareness.

The Features of OpenName:

1. OmniChain distribution: You can use the OpenName platform to register domains and TLDs across multiple chains with minimal cost and maximum efficiency.
2. Secure and efficient cross-chain: By leveraging LayerZero’s cross-chain technology, OpenName enables secure, fast, and efficient cross-chain domain and TLD transfers.
3. Customized TLDs: Any person or organization can publish customized TLDs on the OpenName platform.
4. Elimination of Domain Name Layer: You can create any unique and creative domain name according to your preferences and needs.
5. Affordable Registration: Get your desired domain name for as low as $0.99/year. Get your desired TLD for as low as $99/year.

What are the benefits of OpenName creating for Metis users and the ecosystem:

Users can more easily get their favorite domain names

1, OpenName adopts a low-price, high-quality domain name pricing strategy, allowing every user to obtain their favorite domain name at a very low cost.

2, OpenName adheres to the spirit of Web3, opening all character domain name registrations, so users will not be unable to register for their preferred domain names because of character length limitations.

3, OpenName has more TLDs options. The limited availability of TLDs on the market has led to their near exhaustion and monopoly, posing a challenge to those who strive to obtain personalized Web3 domain names and TLDs.

4, OpenName is an open platform, every user can have a TLDs on OpenName and earn high returns, because OpenName believes that small individuals also have their own brands.

5, Ecosystem project empowerment. Any person or organization can publish customized TLDs on the OpenName platform. Metis ecosystem projects can have their own brand TLDs through OpenName, to enhance the consensus and brand influence of ecosystem projects.

Project Milestone and Roadmap

Milestone 2023 Q2 (4-6) OpenName Omnichain Domain Service Platform enters the development phase

2023 Q3 (7-9) On August 15, 2023, OpenName V1.0 goes live, opening Domains for registration

Supports over 7 mainstream public chains Integrated with LayerZero, supporting seamless cross-chain for domains Supports over 50 TLDs Integrated with mainstream wallet to log into OpenName Dapp

September 2023 OpenName Omnichain Domains registration reaches 10,000 OpenName Omnichain Domains Owners reach 10,000

2023 Q4 (10-12)

October 2023 OpenName Omnichain Domains Owners reach 40,000

OpenName Omnichain Domains registration reaches 50,000

OpenName Omnichain Domains cross-chain count exceeds 10,000

November 2023 OpenName optimizes Domains pricing, providing high-quality and cost-effective Omnichain domain services. Omnichain domain prices start at $0.99/year.

November 30, 2023 OpenName V2.0 goes live, opening TLDs for registration

Supports over 15 mainstream public chains OpenName Domains registration exceeds 70,000, Owners exceed 50,000 Open TLDs for registration, more convenient for custom suffixes Supports over 80 TLDs

December 2023 OpenName support more token options as registration fee payments and will add more tokens as payment options!

Roadmap Q1 2024

1. Ambassador Program
2. Launch OpenName Points System
3. Support more tokens as registration fee payment

Q2 2024

1. Domain Owners surpass 100,000
2. Domain registration count surpass 150,000
3. Adopt more communities to own TLDs and expand OpenName domain naming ecosystem

Q3 2024

1. Launch OpenName marketplace to allow users easily trade their domains and TLDs

Q4 2024

1. TLDs Owners can customize registration fee payment methods, vouchers, whitelists
2. Domain owners reach 200,000
3. Domain registrations reached 300,000

Conclusion With OpenName, we are revolutionizing the concept of domains and TLDs in the Web3 era. By addressing the core problems of the market and offering decentralized domain solutions, our goal is to create a more inclusive and user-friendly Web3 experience. Join us as we pave the way for a decentralized future. Stay tuned for OpenName and seize the opportunity to own your perfect decentralized domains and TLDs.

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