Royalty Fee: Sellers are subject to a 5% royalty fee, with the fee directed to a designated wallet address. Bictory reserves the right to change the wallet address.
What is the grace period for updating a domain after expiration? (For the initial version, this feature will be omitted, but can be added in future updates.)
There is a 21-day grace period. If a user purchases a domain for 366 days and fails to renew it during this period, an additional 21 days will be granted. After this grace period, all sub-domains and personal data will be deleted, and the domain name will become available for purchase by anyone.
Do we offer domain name registrations for periods longer than a year?
Yes, we offer two pricing options: an initial price, which can later be changed to a permanent rate. Users can subscribe for up to five years initially. For instance, if a user purchases a domain for three years, they can extend it for an additional two years the following day, but the total duration cannot exceed five years (5 x 366 days).
Is there any limitation on subdomain registration?
Yes, there is a maximum of 10 sub-domains allowed per domain. Each sub-domain registration costs $2.5. Upon domain expiration, all sub-domains will be automatically deleted.
Is there any regulation on transferring domains?
Yes, when a domain name is sold or transferred, all sub-domains and user data will be deleted. Users are required to pay a fee to delete all data along with the transfer fee. (Renting sub-domains will be added in future updates but will not be available in the initial version.)
What is the significance of unregistering domains and subdomains?
Unregistered domains remain available for purchase by anyone.
Can multiple domains be associated with a single wallet address? If so, what is the logic for selecting a main domain?
Yes, users can purchase multiple domains, but only one main domain can be saved per wallet address. This is a standard practice across domain projects.
What types of characters can be registered in domain names?