Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
What Are TON Domains and Why Do You Need One?
Understanding the Basics of Blockchain Domains
In simple terms, a domain or domain name is typically a website’s name. However, this isn’t always the case. In this article, we’ll explore the concept using the “.ton” domain zone as an example, although there are other domain zones operating on different blockchains (such as “.sui”) that function similarly.
Your domain in the “.ton” network is a name you choose that can be “linked” to your crypto wallet, website, or even a smart contract.
The Value of Blockchain Domains
The essence of a domain is that it’s human-readable and user-friendly, especially when compared to a wallet address (Example address: EQDZ3FVcaCjwbL4IEtfnWPokJilaPUdqzHNwv1_GUV_U-Pt0). A significant advantage of TON domains is that the owner receives an NFT, which serves as proof of ownership and control.
As a result, almost no one can block your domain (partly thanks to decentralization). There’s no central administrator in the “.ton” domain zone, unlike traditional domains such as “.com” or “.org”. For exceptional cases, there is a mechanism to change ownership or remove a domain through network-wide voting, but this requires extremely compelling reasons.
Domain Maintenance Requirements
An important detail to know before purchasing a domain is that the owner must send at least a small amount of TON to the domain within a year to extend ownership for another year. If the domain isn’t renewed, it will enter auction mode. This mechanism ensures domains aren’t lost forever if owners somehow lose access to them—for example, if they forget the seed phrase to the wallet storing the domain NFT.
Advantages of TON Domains Over Traditional Domains
Unlike traditional domain systems, blockchain domains offer several unique benefits:
This article provides a general understanding without delving into technical details.