Skip to content
← All Insights

Solana Domain Names (SNS): What’s all the hype about!?

By: Leon [ME] October 09, 2022 1 min read

Solana Name Service (by bonfida) has recently been getting some attention.

A name service or domain name allows cryptocurrency users to send and receive transactions using a human readable name. Think john.sol or matt.eth, making it incredibly easy to identify oneself on the blockchain (if you so wish).

The Ethereum Name Service (ENS) airdropped governance tokens to their users, setting a precedent for SNS to do the same. With much speculation and an uptick in trading volume, there could very well be something on the horizon.

In this video by [ME], we look at how to buy a domain name and how to send a transaction to one.

00:00 Intro 00:18 Summary 01:15 What is a Domain Name 04:05 How to get a Solana Domain Name 10:45 Buy one on Magic Eden 12:58 Send a transaction 14:50 Outro

Important Disclaimer

Past performance is not indicative of future results. Individual results may vary. Investment Risk: Cryptocurrency investments carry substantial risk and are not suitable for all investors. The value of cryptocurrencies can be extremely volatile and may result in significant loss of principal. You should carefully consider your investment objectives, level of experience, and risk appetite before investing. Not Financial Advice: The information provided on this page is for educational and informational purposes only and does not constitute financial, investment, trading, or other professional advice. All content is general in nature and does not take into account your specific financial situation or needs. You should consult with a qualified financial advisor before making any investment decisions. No Guarantee of Results: There is no guarantee that similar results will be achieved in the future. Market conditions, timing, individual circumstances, and execution may all impact actual results.

General information only

Please be aware that all Content (including the investment rules) is factual information only and is prepared for your interest and convenience only. The Content does not take into account any of your personal objectives, circumstances or needs and does not constitute financial advice.

Collective Shift, Important Information

Read our full position on trust and transparency

Subscribe to Our Newsletter

Weekly, actionable crypto insights for CEOs, business owners, investors and professionals, helping you grow your portfolio, invest with confidence, and save time.