ENS.BID is mainly designed to build the foundation of a new series of Ethereum trading platform and domain name registration. ENS.BID utilizes the advantages of the decentralized technology which enhances the security and the stability of the Ethereum platform. It also provides a secondary trading market for a domain name registration service of ENS. It ensures that consumers can easily buy or sell ENS domain through the platform. The best part of this system is that you don’t have to go through all the complicated processes.
ENS-BID provides a full Ethereum domain name registration, along with transfer and trading service. It will enable a safe and straightforward function related to domain name service. Apart from that, they have also introduced the smart contracts which mainly provide the escrow service, and thus they provide a strong confirmation towards the safety of transactions on each side. They are the first in the industry to do this.
|ENS.BID also provides the domain name mortgage service with minimum interest cost via smart contract, which ensures an open, transparent and fair verification mechanism. Through this Ethereum domain name loan services, anyone can reuse the funds which were used earlier for the registration purpose of the Ethereum domain name. It makes users flexible with the funds they have used and also it can be used when it's required.|