SPACE ID Launches Second Pre-Registration Phase for “.arb” Domain Name

02/20/2023 15:31 • Metaverse Matters • 153 views

On February 20, the decentralized domain name agreement SPACE ID announced that the “. arb” domain name pre-registration phase 2 had been launched online, and the pre-registration deadline was 14:00 UTC on February 25. The winner of the previous auction can now register the winning domain name, while others can register the remaining domain name. SPACE ID also said that SPACE ID 2.0 is now open to everyone.

SPACE ID: “. arb” domain name pre-registration Phase 2 has been launched online

Interpret the above information:

The decentralized domain name agreement SPACE ID has announced the launch of the second pre-registration phase for the “.arb” domain name. The pre-registration period started on February 20, and interested parties had until February 25 at 14:00 UTC to place their bids.

During the second pre-registration phase, the winner of the previous auction was allowed to register their winning domain name. Other individuals and entities could register the remaining domain names.

This move from SPACE ID marks the continuation of their decentralized approach, wherein the ownership and distribution of domain names are decided through community and stakeholder consensus. The “.arb” domain name signifies general, multi-purpose use and is open to companies, individuals, and organizations that want to differentiate their online presence.

Moreover, SPACE ID has also come up with a new and improved version of their decentralized platform, SPACE ID 2.0. The updated platform is more inclusive and open to everyone who wishes to participate in the decentralized domain name auction process.

The launch of the new pre-registration phase is timely, considering the growing importance of blockchain and cryptocurrency in today’s digital landscape. As more organizations and individuals seek to establish their online identity, the demand for unique and definitive domain names has surged.

The decentralized approach of SPACE ID ensures greater transparency and integrity, as the ownership of domain names is decided by a consensus of community and stakeholders. It also eliminates the need for intermediaries and central authorities, which often result in high fees and complex procedures.

In conclusion, SPACE ID’s recent move to launch the second pre-registration phase for the “.arb” domain name signifies the growing importance of decentralized approaches and the need for transparent and inclusive auction processes. With the launch of SPACE ID 2.0, more individuals and organizations can participate in the auction process and secure unique and definitive domain names that reflect their online identity.

Overall, it is expected that the launch of the second pre-registration phase will attract greater participation and result in more diverse and inclusive ownership of domain names.

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SPACE ID Launches Second Pre-Registration Phase for “.arb” Domain Name

SPACE ID: “. arb” domain name pre-registration Phase 2 has been launched online

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