Are there any hidden costs for Web3 TLDs and domains?

For Web3 domains and Web3 TLDs purchased on Freename, the answer is usually no.

All Web3 domains available for purchase on Freename are lifetime assets, except .CHZ domains, which follow an annual renewal model. For lifetime Web3 assets, there are no annual renewal fees and no hidden renewal costs.

Freename also offers Web2 domains, which typically follow an annual renewal model. For Web3, the ownership model is different: for lifetime Web3 assets, you purchase once and keep ownership without yearly renewals.

What “no hidden costs” means for Web3

• No annual renewal fees for lifetime Web3 domains and Web3 TLDs purchased on Freename (except .CHZ domains).
• No surprise renewal charges for the lifetime asset itself.
  
  

Important note about blockchain network fees

Freename does not charge renewals for lifetime Web3 assets. However, blockchain actions can require network fees (gas) depending on the chain and the action being performed. These are not renewals. They are standard blockchain transaction costs.

Optional add-ons may renew

While the Web3 domain/TLD itself can be lifetime (except .CHZ domains), optional add-ons and services may be billed on a recurring basis, depending on what you enable, such as Royalties or Reseller Tools.

FAQ

1) Are there renewal fees for Web3 domains on Freename?

No, not for lifetime Web3 domains. The only exception is .CHZ domains, which require annual renewal.

2) Are Web3 .CHZ domains lifetime?

No. .CHZ Web3 domains follow an annual renewal model, meaning they must be renewed each year.

3) Are there renewal fees for Web3 TLDs on Freename?

No. Web3 TLDs purchased on Freename are designed to be lifetime assets and are not tied to annual renewal fees.

4) Are there any hidden costs after purchase?

For lifetime Web3 assets, there are no hidden renewal fees for the asset itself. However, some actions can involve blockchain network fees (gas), depending on the chain and the transaction.

5) What are blockchain network fees (gas)?

They are standard transaction costs required by the blockchain to process certain actions. They are not annual renewals and they can vary depending on network conditions.

6) Can anything be billed on a recurring basis?

Yes. Optional add-ons and services may be billed on a recurring basis depending on what you enable, such as Royalties or Reseller Tools.

7) So what is lifetime, exactly?

For eligible Web3 assets, “lifetime” means the Web3 domain or Web3 TLD itself does not require annual renewal payments (except .CHZ domains).