⛓️Why are THORNames important?

Who cares? Who uses them? Read below and find out why

1) TNS makes cross chain simple for everyone

Now you have one human readable address for all your address across all the chains.

Do you think yourself, normies and your mother will be using long character addresses (0x123…xyz) forever?

Nope.

It is a single name for all your blockchain addresses. Not only is it a headache to have all these wallets and addresses for us sophisticated onchain folk. It is also a nightmare transferring between addresses.

TNS solves this, just send any asset to your TNS like chad.thor.

2. THORChain Affiliates

Did you know every project that integrates THORChain will need a TNS to acquire an affiliate fee?

Every CEX, wallet, swap aggregators, yield aggregators, front-end, hardware wallet, exchanges -> will need a TNS to collect their revenue

TrustWallet already secured tw.thor and ti.thor ;)

This is just the beginning and look at these affiliates:

THORSwap, TrustWallet, ShapeShift, XDEFI, Edge Wallet, CakeWallet, Zengo, OKX, Ledger, Ethos, Kado Onramp, Li-fi, Thorwallet, Fireblocks, Zepper all have a TNS name.

The integrations have only just began ;)

3. Onchain Decentralised Identity (CHAD-IDENTITY)

We believe decentralization is the future. CEXs will eventually route trades through THORChain. Self custodian wallets will opt for decentralized swapping. Users want self ownership of their assets or be forced into the alternative that is centralized failures and totalitarian regimes.

As THORChads we want to be on the right side of history and that is what our TNS represents….. Our decentralized identity!

So if you are bullish on THORChain adoption then you have to be bullish on TNS adoption.

This is TNS and what it represents.

ENS is an identity for ETH Maxis, the original NFT.

ENS has 2m active names, $143m in registration costs and has done millions in trade volume. TNS is the identity for decentralised maxis and we are just getting started because of Forge!

This is first of its kind onchain identity which will grow in significance a more people onboard into the future that is crypto and more project adopt decentralised swapping + yield.

TLDR: - it is friendly for normies, - projects integrating decentralised swaps and yield have to use it to claim affiliate fees - it simplifies cross chain wallet complexity

4. Possible usecases

Lets not forget possible future bullish usecases:

Imagine if this was built into Telegram or a in-chat wallet?

You could send and receive any asset simply by texting to a Thorname. Send 1 BTC to Chad via a simple text. This will be the future, the next generations will be texting each other to send crypto, it’ll be seamless.

Conclusion

Forge is the first and only place to claim your decentralised sovereignty, to have the courage to express your ethos, to be on the right side of history and to create a seamless crypto experience for the next generations to come.

Forge your identity now

Last updated