Gm CroID fam
Cronos ID is approaching its 1-year milestone
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This means the domains of our early supporters will expire soon
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Here is a quick guide on expired domains
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β What will happen after the expiration date?
> Expired domain will first enter a 90-day grace period, during which:
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Domain owners cannot edit records
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Domains listed on
@MintedNetwork @cryptocomnft , or other NFT marketplaces can't be bought/sold
βWhat will happen after the grace period?
> Expired domain will then enter a Dutch auction for public purchase
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π First-come-first-served
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π΅ Comes with renewal premium that decreases daily from $100M of $CRO or $CROID until it reaches $0 after 28 days
All expired domains will continue to resolve the original owner until someone overwrites it
More details
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https://docs.cronosid.xyz/user-guides/cronos-id-domains/faq
Renew your domains now so you don't lose your unique .cro identity
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Stay tuned for our exciting news to celebrate our 1st birthday!
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https://twitter.com/cronos_identity/status/1694635670504161291