• The EDNS Foundation is responsible for managing and implementing blockchain-based products and services.
• It aims to foster the growth of the EDNS community by developing strategic plans, educating users about blockchain technology, and overseeing the launch of its native token.
• The project consists of several dApps such as Ether Domain Name Services (EDNS) and Decentralised Storage Drive (DeDrive).
Overview of EDNS Foundation
The EDNS Foundation is an essential component of the EDNS Ecosystem, responsible for managing and implementing various blockchain-based products and services. It plays a significant role in developing strategic plans for the ecosystem and fostering the growth of the EDNS community. Additionally, it will oversee the launch of the native token, $EDNS, which will facilitate transactions and governance within the ecosystem.
The foundation’s core objectives are to educate users about blockchain technology and Web 3.0 technologies in order to promote widespread adoption of EDNS products in this market. Furthermore, it aims to support the development and adoption of decentralised applications (dApps) using blockchain technology that interact with reality, aiding new emerging projects on Web 3.0.
The project consists of several dApps including Ether Domain Name Services (EDNS), Decentralised Storage Drive (DeDrive), EDNS Wallet, Web builder for Web 3.0, Web 3.0 messaging service (sendblock.io). As part of its core product offering, EDNS provides decentralised domain names created as non-fungible tokens (NFTs), which are cryptographic assets on a blockchain with unique identification codes that can be resold on NFT secondary markets. These domains provide increased privacy, non-censorship, ownership security compared to traditional domain name systems (DNS).
Native Token – $EDNSS
The native token issued by EDNS Foundation is $EDNSS which supports dApp projects connected with reality while aiding new emerging projects related to web 3.0 development process through decentralization.. This token facilitates transactions within its ecosystem as well as governance operations across all components associated with it .
Overall, EDNS Foundation plays a critical role in supporting the development and adoption of decentralized infrastructure based on blockchain technology available over web 3