PolyTAG — First Decentralized Domain Name Service Platform on Polygon

PolyTAG
2 min readJun 23, 2021

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The DNS is the backbone of the web, connecting long, numerical IP numbers to the more familiar.com domains of today. Throughout the nearly 30-year existence of DNS, there has been a single DNS system that the whole internet has used.

Certain businesses during the DOTCOM period may have thrived largely as a result of their domain and its prominence in search results. While this sector has stagnated in recent years, innovation is emerging in a new area — blockchain domains.

What is PolyTAG?

PolyTAG is a decentralized multi-chain digital identity protocol with domain services and exchange marketplace, built on Polygon network.

With PolyTAG, the user stores the domain asset in the same manner they store cryptocurrencies. TAGs are assets built on top of a platform for smart contracts, such as Polygon. The only way to transfer a TAG domain or alter the data points is through wallet’s private key.

Some of the Features of PolyTAG are:

  1. Immutable and User Owned — Truly own a domain on the Polygon Blockchain and other chains
  2. Inter-Domain Communication — One click chat feature that allows you to communicate with other TAGs.
  3. P2P payments — Seamless payments between other TAGs on entire WEB3
  4. DApps Integration — Connect with any web3 Dapps in a true decentralized way
  5. Decentralized— Permission-less innovation to secure your identity over multiple chains
  6. Multi-Chain Support — Once fully launched, PolyTAG will allow users to create and migrate their TAG domains through different blockchains.

PolyTAG Token ($PTAG)

$PTAG will serve as the native utility token in PolyTAG ecosystem be it TAG registrations, intra-ecosystem transactions, payments, DAO governance etc.

Tokenomics Overview

Total Supply: 1,000,000,000

Initial Market Cap: $77,500

PolyTAG Tokenomics $PTAG

IDO Platform: MaticPad

IDO Date: 6th July, 2021

$PTAG Subscription Pool and Staking Opens on: 30th June, 2021

Whitelist Form Here

(P.S: Participants don’t need to fill this form if they hold a Guaranteed Tier Level Subscription on MaticPad ($MATPAD)

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PolyTAG

First Decentralized Domain Name Service Built On Polygon with Multi-chain support and Exchange Marketplaces