Beldex Launches BNS Marketplace For Human-Readable Crypto Identities 

• Beldex launches BNS Marketplace for peer-to-peer trading of blockchain-based .bdx identities.
• More than 5,500 BNS names have been sold since registrations opened in February 2024.
• BNS names replace complex wallet addresses with human-readable identities across the Beldex ecosystem.

BNS Marketplace:-

Beldex Launches BNS MarketplaceSo what exactly is the BNS Marketplace？

Beldex said BNS registrations have been available since February 2024. The registration fees ranges from 650 BDX for one year to 4,000 BDX for a 10-year registration period. According to the project, more than 5,500 BNS names have already been sold.

BNS Marketplace

While the company has not provided a specific valuation target for BNS names on the marketplace, it expects names to trade above their original registration costs. This is particularly in the case of premium domains. Similar to traditional internet domains, memorable and highly sought-after names could command higher prices as adoption grows.

The launch comes as privacy is increasingly becoming a focus area across the crypto industry. Recently, Ethereum co-founder Vitalik Buterin outlined a roadmap to strengthen privacy features on the Ethereum network

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Frequently Asked Questions

The BNS Marketplace is a platform that allows users to buy, sell, and trade BNS names,

BNS names are human-readable .bdx identities that can be linked to wallet addresses, BChat IDs, BelNet addresses, and other services, replacing long and complex identifiers

Beldex has not set any official valuation targets for BNS names. However, registrations currently cost between 650 BDX and 4,000 BDX depending on the duration, while premium names could command higher prices based on demand and perceived value.

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