NNS primary goal is to replace irregular string such as wallet address and smart contract Hash which are hard to memorize for humans.
NNS is the service domain name Neo's Damion Name Service, which is a distributed, open and extensible domain name system based on NEO Blockchain. Its main goal is to replace wordless phrases, such as purse addresses, which are difficult for users to remember.
The addresses will be replaced by a word or phrase, and NNS will allow you to access the wallet or smart contract in the future.
NNC is an equity proof token introduced into the NNS system. In order to sustain the system, NNS has introduced a fee redistribution system. The fees charged for all domain name auctions will be completely redistributed to NNC’s holders.
The initial issuance of the NNC is in the form of airdrop(s). NNC will be only airdropped to NEO holders. Specific airdrop rules will be announced in the future.
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