Hey frENS! I’d like to get some opinions on an idea to help facilitate the gifting of ENS names to entities/organizations/businesses. ENS has been hitting huge numbers of name registrations. With that, more name speculation is happening which may have the effect of hindering adoption.
In recent spaces, many have expressed buying names for entities in hopes of donating it to them. If anyone has tried to gift a name, you’ll know it’s a little challenging if they are not ready or you cannot find the proper contacts to alert them . At the same time we don’t want to see some organization try to onboard into ENS but not able to secure a name that would fit them best.
Some time ago I grabbed kiva.eth. I’ve tried to reach them a few times, but no response. I sent it over to @validator.eth for safe keeping. He even offered to help keep it renewed so it doesn’t expire. He’s like king of ENS fairying imho.
In a recent Twitter space, @alisha.eth mentioned brainstorming an idea to have some kind of holding wallet where people could donate names to. When the entity is ready, they could come ask for it to be transferred to them. I love this idea!
I’ve been brainstorming about how this all could work. I’d like some feedback and perspectives from my frENS here that are into the ENS fairy vibe. Here’s some ways I could see it working:
- A dedicated .eth address could be used so that anyone could send an ENS name to it for safe keeping.
- Possibly this address could be funded to keep up with renewals. Maybe a subgroup for this with a budget?
- The wallet could be some kind of secure multi-sig. I fear that the average crypto user is still lacking behind on security. It would be terrible if someone wanted to gift a name, and the wallet fell victim to a hack or phishing attempt. The name could be lost. Sending it to a secure “vault” type of address would work well.
- The ENS fairy that donated the name could set social media “proof” records. This might include the website, an email, Twitter handle, or GitHub username all saved in the ENS record fields. This way the data is stored on chain. The donor would have some assurances the right entity would be able to ask in the future to be transferred to them.
- The most exciting idea I think would be having a Twitter bot to tweet out names that were sent to the donation wallet. Like the ENS Sales bot, but for donated names. It could have a network effect so if people noticed the donated names on their feed, they could help onboard in some capacity. It could also signal that the ENS community or even wider crypto-world is desiring them to be in the space.
What do the ENS fairies out there think? Would love to hear from you all!