While Handshake is a non-profit movement, Namebase is a VC-backed for-profit company built on Handshake. Here's how we generate revenue:
While you may see other exchanges list HNS, Namebase is the only platform fully focused on unlocking Handshake's potential.
Namebase Consumer can be used to purchase HNS with BTC or USD. We do not charge trading fees and instead aim to price HNS with a spread of 1-3% depending on market conditions.
Namebase Pro can be used trade HNS for BTC using a traditional order book exchange similar to Binance and Coinbase Pro. Namebase Pro has some of the lowest trading fees (0.1% maker fee and 0% taker fee).
Namebase's bidding service makes it possible for anyone to participate in Handshake name auctions without needing to be a developer. We do not charge any fees for our bidding services.
The mining fees that are charged for bid placements are paid to the miners who add your transactions to the Handshake blockchain, and do not get paid to Namebase.
The Namebase Marketplace makes it easy to sell or purchase owned Handshake names. We charge a 3% commission fee to sellers that is only collected when your name successfully sells.
The Namebase Registry is a service that enables you to sell 2nd-level domains on your Handshake TLD. We partnered with the creator of the .io registry to create this service that is compatible with existing registrars, making it easy to plug directly into their existing distribution channels. We essentially handle all of the logistics regarding the sale of your domains, while you just handle the actual pricing of your domains and your marketing kit. The Namebase Registry operates on a revenue-sharing model — after a $1 processing fee, 70% of proceeds go to the TLD owner and 30% go to Namebase.