Overview:
This proposal aims to enhance the SPACE ID ecosystem by introducing the sub-name feature to various domains within its subcategories. Additionally, this feature will be integrated into the SPACE ID marketplace. Sub-names, which act as subordinate identifiers to parent names, will provide users with greater control and flexibility over their digital assets, which is also used in ENS domains.
General Description:
In the crypto , a name is a fundamental identifier. However, sub-names introduce a new level of granularity. A sub-name is essentially a name under a parent name. For instance, in the domain resolver.spaceid.bnb, “spaceid.bnb” represents the name, while “resolver” is the sub-name. Sub-names inherit permissions from their parent names but offer increased control. Parent name owners can modify or even revoke permissions, granting sub-names more autonomy.
Purpose:
The introduction of sub-names serves multiple purposes:
Brand Identity: Sub-names can represent brand extensions or be issued to employees, enhancing brand identity and professionalism. For example, dao.Curve.bnb sub-names can represent Curve Project employees, akin to company email addresses.
Community Engagement: Issuing sub-names carries a low cost, making it an excellent tool for rewarding communities. Sub-names can be offered for participating in events, joining DAOs, owning NFTs, and more.
Timeline:
The estimated timeline for this proposal is approximately one month, broken down as follows:
Development and Integration: 3 weeks
Testing and Quality Assurance: 1 week
Documentation and Educational Materials: Ongoing during the development process
Budget:
The estimated cost for implementing the sub-name feature in the SPACE ID ecosystem is $20,000. This budget will encompass development, integration, testing, and documentation expenses.
Expected Outcomes:
The implementation of SPACE ID sub-names is expected to yield substantial benefits:
Enhanced Branding: Companies can use sub-names for brand representation, promoting professionalism and identity.
Revenue Generation: Selling sub-names offers a potential income stream, especially for valuable keywords.
Community Rewards: Sub-names encourage community engagement and can be used to reward participation in various activities.
User Engagement: The SPACE ID ecosystem will become more versatile, attracting a broader user base and driving overall engagement.
