Original bounty posted on the Namecoin.org forum here:
https://forum.namecoin.org/viewtopic.php?p=17740&sid=defd55abbd438b09f37f6b6775365081#p17740While this may not be as straightforward as described below, I wanted to make it known that the bounty was available and that users are actively working to make Bitcoin's merged mined old friend a well working and easily accessible decentralized name registrar.
What if in the not too distant future the demand for .bit domains takes off to the point where people are willing to pay far more for Premium names than their regular registration/renewal cost. It would be incredibly useful to have an application where either NMC or a name can be exchanged for NMC or any other coin.
The approach outlined by Noel Tiernan would work just fine for the community.
Here's a project you can use to help:
https://github.com/decred/atomicswapIf you work off of this all that's needed is to add NMC support and to support the swapping of names in place of currency.
0.02 BTC