NFT Worlds provided an update to holders on Wednesday evening that the release of .wrld name service registrations will begin next week. $WRLD generated through .wrld name registration will be locked up for an undisclosed amount of time.
NFT World holders will be able to register 1 .wrld name per plot at no cost plus gas. After 48 hours, registrations will be opened to Genesis Avatars and Gray Boys holders at the same rate. After another 48 hours, .wrld name service registrations will be open to the public at a cost of 500 $WRLD per year. Wallets without 500 $WRLD will automatically swap eth to $wrld at the time of the purchase through the liquidity pool.