The NNS Mainnet launch date and domain mining rules announcement

NNS

To NNS community members and supporters,

We are happy to announce that the NNS Mainnet will be launched at 10:00 am (GMT+8) on October 9th 2018 !

Since the NNS project started, the NNS Testnet has been optimized and upgraded multiple times, and now we are finally going to embrace the exciting moment of the NNS Mainnet launch. The NNS team would like to express our heartfelt thanks to the developers, community members, participants and supporters who are eagerly awaiting the launch.

To reciprocate your support, we have prepared a gift for community members and supporters; a two-week domain name mining activity will be held after the launch of NNS Mainnet. The activity will run between Oct. 9th-23rd 2018 (GMT+8).

What is domain name mining?

After the user wins a domain name on the NNS Mainnet, the domain winner will be rewarded with an amount of NNC in proportion to the GAS they spend winning the domain. The specific NNC reward policy is as follows:

Domain name winners will be rewarded with 70 NNC for each 1 GAS they spend if the domain auction start time is between Oct. 9th-16th 2018 (GMT+8).

Domain name winners will be rewarded with 50 NNC for each 1 GAS they spend if the domain auction start time is between Oct. 16th-23rd 2018 (GMT+8).

The amount of NNC that will be awarded in the domain name mining activity will be no more than 100 million NNC (10% of NNC total supply). If there is any NNC left, the leftover NNC will be locked up.

All the NNC reward will be delivered after the domain name mining is closed.

Coming soon!