This vault gives ownership to the Namecoin asset listed above and can be opened at any time for direct access to it.
Namecoin is the first fork of Bitcoin and therefore the first 'Altcoin'.
It's technical properties allowed for domain names to be registered on-chain, sometimes with a small amount of data.
These domain names are now agreed to be among the earliest forms of NFT.
This vault contains an id/ form of the record. Launched in 2012, Namecoin Identities id/ prefix or more formal NameIDs refer to the first ever attempt at a Web3 decentralized identity service, which aimed to trustlessly verify identity securely and without relying on a central party storing or processing info. It’s the primitive precursor to the Ethereum Name Service (ENS).
More information on the above is available at nameid.org
Note, being a domain name this asset needs to be renewed approximately every 9 months. Keep a small amount of $NMC in this vault & it will renew automatically.
1 $NMC = Autorenewal for 5 years
View contents of NFT by expanding Properties Below and at Emblem.Finance 👇
[View this NFT on Emblem.Finance](https://emblem.finance/nft?id=13139113969944771)
NMC Explorer: [N4UQ3jUyGRaR9ee1phd2YwzWaJKSqATtCh](https://nmc.tokenview.com/en/address/N4UQ3jUyGRaR9ee1phd2YwzWaJKSqATtCh)
