What are Premium Names?

Premium names will be available in the form of "suffixes". This is essentially the same idea as the Top Level Domain (TLD) used for website addresses:
.com
.net
.io
.eos
.mydapp

The owner of these premium names would then be able to generate new accounts that can be up to (but not longer) than the 12 character limit, and may include a "dot". The owner of .mydapp could create user1.mydapp, iam.mydapp, whatever they wish. These accounts are unable to be deleted and may be given away at the discretion (or for the correct price) of the owner of the premium name.

Auction Details

Only one Premium Name is awarded per day.The name with the highest bid is the one awarded. Each bid must be 10% greater than the last bid. Your bid is only returned if you are out-bid.Bidding for names consumes your account's RAM. Please do not place bids if you do not intend to win as placing small bids on names may lockup your bided EOS for many years.

Instructions

1. Attach Identity with Scatter – Tutorial can be found here
2. Enter your account name in the bidder section
3. Enter name you wish to bid on
4. Enter the amount you wish to bid
5. Click “Bid Name”

You can view at all the current auction names in the get bid prices button

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