BANS Launch — 16th August

Create your unique Web3 ID with BANS : Beam Anonymous Name Service!

Greetings Beamers,

We’re pleased to announce the BANS DApp will be going live tomorrow to allow Beamers to create their own personalised identity and easily readable addresses on the Beam blockchain. The BANS DApp will allow for the purchase of addresses ending in .beam for example privacy.beam, 1337.beam, and anything else you wish to use that has a minimum of 3 alphanumerical characters.

Launch

The launch parameters are here, with the BANS DApp set to go live tomorrow evening.

BANS Launch
Block: 1,896,111
Date: 16th August
Time: ~6:30 PM GMT

We will accompany the BANS DApp launch with a Beam Space to talk Web3 ID and the pivotal role BANS will play in both the Beam and wider crypto ecosystems. Stay tuned tomorrow and we will announce the space prior to launch.

All BANS IDs will be accessible to all in a fair launch manner, and be available on a first come first served basis.

To bring yourself up to speed with purchasing dot Beam addresses and using BANS, check out the BANS User Guide!!

Pricing

Users will be able to mint a BANS ID using the dedicated DApp located in the Beam Wallet. Payments are made in $BEAM and 100% of the revenue collected is immediately deposited into the BeamX DAO treasury. This will be visible in the next version of the Beam explorer to be released in the near future.

The price depends on the length of the BANS ID:

• 5+ character.BEAM names: $10 in BEAM per year.
• 4 character.BEAM names: $120 in BEAM per year.
• 3 character.BEAM names $320 in BEAM per year.

BANS IDs have a subscription duration of 1 year (in block heights). Initial registration can also be 1+ years, with the same flat price for additional years.

After expiration, BANS ID owners receive an additional 90 days to renew their IDs. Renewals are required when the initial registration expires, and are available for 1+ years.

Keep up with the Beam Anonymous Name Service [BANS] development on the gib here

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