Zero Fee Domain

Definition ∞ A zero fee domain refers to a digital naming service or domain registration where users can acquire and manage domain names without incurring recurring renewal fees. This model typically involves a one-time registration cost or a system where the domain is permanently owned after initial acquisition. It stands in contrast to traditional domain name systems that require annual payments for continued ownership. This approach aims to reduce long-term costs and simplify domain management.
Context ∞ In the digital asset space, news often highlights blockchain-based naming services that offer zero fee domain options, aligning with the ethos of decentralized ownership and reduced intermediaries. These domains are frequently used for cryptocurrency wallet addresses or decentralized websites. The discussion centers on the sustainability of such models and their potential to democratize access to digital identities and online presence.