How Freename Credits Work
Freename Credits are a practical tool inside the Freename ecosystem for anyone building and expanding a Web3 domain portfolio. They work like an internal currency: you can earn them on the platform and then use them to acquire more Web3 assets, including second-level domains and custom top-level domains (TLDs), without paying in fiat.
Below is a clear breakdown of what Freename Credits are, why they matter, how you earn them, and how to use them strategically to grow your domain portfolio.
What Are Freename Credits?
Freename Credits are internal credits used within the Freename platform. They allow users to purchase Web3 domains, including custom TLDs, without spending fiat currency.
Credits are earned and used inside the Freename ecosystem, making them especially useful for expanding your domain holdings and testing new domain ideas.
Unlike royalties, which are paid out in USDT, Freename Credits are earned and used within the platform, offering flexibility for reinvestment or domain expansion.
Why Use Freename Credits Instead of Cash?
Using Credits can help you grow your domain portfolio faster and reduce the need for frequent cash payments. Key advantages include:
- Faster portfolio growth: Acquire new domains without touching your external wallet balance.
- Transparent transactions: Clear visibility into how Credits are earned and spent within the platform.
How Do You Earn Freename Credits?
You can earn Freename Credits through domain sales if:
- You own a TLD (e.g., .Metaverse)
- The buyer uses credits to purchase a second-level domain (e.g., Crypto.Metaverse)
Example:
If someone buys a domain using $3000 in credits, you, the TLD owner, will receive $1500 in credits.
This means you can monetize your TLD without relying on fiat-based sales.
Credits vs Cash vs Both: What You Get
|
Buyer Payment Method |
Your Royalties |
|
$3000 in Cash |
$1500 in USDC |
|
$3000 in Credits |
$1500 in Credits |
|
$1500 Cash + $1500 Credits |
$750 in USDC + $750 Credits |
Key Point: While USDC royalties are withdrawable on Polygon, Credits are usable only within the Freename platform for Web3 assets, ideal for reinvestment.
How to Maximize Your Use of Freename Credits
1) Use Credits with a Plan
Decide what you want to achieve (premium names, niche coverage, or more inventory for future sales), then use Credits accordingly. This helps you avoid spreading Credits too thin across low-value domains.
2) Activate Royalties for Your TLDs
Even though this guide focuses on Credits, activating royalties is what enables you to earn automatically when users buy domains under your TLD.
- Enable the “Royalties” option during TLD purchase or from your dashboard.
3) Track Keyword and Category Demand
If you want to use Credits strategically, focus them where demand may grow.
- Use tools like SEMrush or Google Trends to spot emerging keywords.
- Acquire relevant TLDs and second-level domains early, before competition increases.
Freename Credits: Best Use Cases
Freename Credits are especially useful for:
- Buying Web3 domains (second-level domains and TLDs)
- Using credit-based royalties to add more domains on the platform
- Acquiring trending TLDs for future resale
- Testing niche ideas without real-world cash exposure
Freename Credits are more than a payment method: they’re a powerful way to keep building within the Freename ecosystem while keeping cash spending low.
FAQ
1) Can I withdraw Freename Credits to my wallet?
Credits are designed to be used inside the Freename platform for Web3 assets. They are not the same as withdrawable stablecoin royalties.
2) When do I earn Credits as a TLD owner?
You earn Credits when a buyer purchases a domain under your TLD and pays using Credits (or uses a mixed payment method that includes Credits).
3) If a buyer pays in cash, do I still earn Credits?
If the buyer pays entirely in cash, your royalties are typically paid in a withdrawable stablecoin (example: USDC on Polygon), not Credits. Mixed payments can result in a split reward (stablecoin + Credits).
4) What’s the biggest advantage of Credits for domain owners?
Credits allow you to acquire additional domains directly inside the platform using internal balance, which can speed up portfolio growth.