Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Shiba Inu Developers Partner with D3 to Introduce .shib Internet and Blockchain Domain

Shiba Inu Developers Partner with D3 to Introduce .shib Internet and Blockchain Domain

2023/12/19 19:21

According to CoinDesk, Shiba Inu developers are collaborating with internet domain company D3 to launch a '.shib' internet and blockchain domain in the coming months. This initiative is part of a broader push towards identity-focused projects. Shiba Inu network representatives revealed in a Telegram chat that they are working on the application for the .shib domain and plan to apply through ICANN, a global database for internet domains, during the next application window.

ICANN is responsible for passing and vetting every internet domain application, granting owners the right to sell the dot com suffix. Crypto domains take this concept further by tying a wallet's owner to a domain name that can be used as proof of identity on blockchain applications, helping to preserve privacy. Shytoshi Kusama, Lead Developer of Shiba Inu, stated that their partnership with D3 enables them to scale beyond the existing ShibArmy and provide over 5 billion internet users with direct access to the SHIB ecosystem.

The introduction of real domains to SHIB is considered a significant development, as it expands the vision for digital identities within the decentralized ecosystem while driving long-term revenue generation. The domains will be connected to Shiba Inu's existing Shib Name Service (SNS), a product launched in November that serves as a means to introduce digital identity verification for all products built on the Shiba Inu blockchain and Shibarium, a layer 2 network.

2

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!