Here, we’ll introduce you to the 3rd KuCoin Fractional NFT – Fractionalized ENS (hiENS4).
hiENS4 is an ERC-20 token representing 1/1,000,000 ownership of one 4-digit ENS in the ENS4 Meta-Swap pool of Fracton Protocol.
Subscription Period: 10:00:00 on August 16, 2022 – 10:00:00 on August 18, 2022 (UTC)
How to Participate
A bit of background
hiENS4 is an ERC-20 token representing 1/1,000,000 ownership of one 4-digit ENS in the ENS4 Meta-Swap pool of Fracton Protocol. For each 4-digit ENS added to the pool, the total supply of hiENS4 will increase by 1 million. In contrast, for each 4-digit ENS redeemed from the pool, the total supply of hiENS4 will decrease by 1 million.
Ethereum Name Service (ENS) domains are secure domain names for the decentralized world. ENS domains provide a way for users to map human-readable names to blockchain and non-blockchain resources, like Ethereum addresses, IPFS hashes, or website URLs. ENS domains can be bought and sold on secondary markets.
00:42 What is ENS Domains
01:45 What are ENS domains used for
02:25 What is the 10k Club and what are the 4 digit domains
03:30 HIENS4 details
04:22 Reasons for the HIENS4
05:49 Closing Thoughts
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Launched in September 2017, KuCoin is a global cryptocurrency exchange https://www.kucoin.com/?utm_source=KC-Tutorial with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 700 digital assets and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 20 million users in 207 countries and regions.
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