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To use the application, users must register a .avax domain. A domain registration is an ERC721 NFT with some special properties:

  • Domain registrations always have expiry dates. To keep a domain, users must make sure to renew the domain before it expires.
  • Expired domains are sold at auction. Expired names that are not sold at auction can be registered by others.
  • The system allows for suspension & revocation of domains. Be sure to read about & understand these features.

The Domain Name Lifecycle covers all the stages a name will normally pass through. Of course, ERC721 NFTs can be transferred & traded on NFT exchanges.