From Starname sales to a strong Token Economy: a lot of names have been registered already this month!
For several months, we have devoted a significant effort to the development of our name service by offering a community to register their domain and benefit their members with these so-called community badges.
Many crypto communities have registered their starnames and are already sharing their Starname Profiles among community fellows or supporters from other crypto projects.
Today we are at an interesting inflection point as the demand for *starnames has been growing exponentially for the past weeks.
Our community has been stirring things these past months with giveaways, ideas, and even tools! One of our validators, Jo from Chainmasters, has built and shared with the community a sublime useful tool that gives us information about the activity on Starname’s chain. Called Starname Observer 🔭, this is a great channel to join on Telegram if you support Starname. Live info, easy to read, and open for all. (Thank you, Jo! 💜 🦄)
By analyzing account sales week after week during this past month, we are happy to see that our names are in high demand.
These registrations are due to the fact that Starname is the name service that is not branded with the name of its token and can be used as a white label. This is a major differentiation from our service and is very popular with communities.
Some of the communities that are part of this integration plan and have joined us so far:
*cosmos *shentu *request *persistence *fet *irisnet *flix *bitcanna
As a result of the sales of this month (individuals and corporate purchases), the chain’s income stabilizes on the rise. This is a significant fact and it reinforces the place of the IOV token in the ecosystem because as a utility token, based on the sale of *starnames, it allows us to consolidate the fundamental assumptions of the IOV chain’s economy.
Our token economy is demonstrating its legitimacy and its reality through the sale of names supported. This trend is expected to continue in the upcoming months.
We would like to thank our communities who support this movement.
