Shiba Inu developers are working with internet domain player D3 to introduce a “.shib” internet and top-level domain to the market as part of a push toward identity-focused projects.
Representatives for the Shiba Inu network told CoinDesk in a Telegram chat that they are working with D3 on the application for the .shib top-level domain and plan to apply through ICANN, a global database for internet domains, during the next application window.Every internet domain application is passed and vetted by ICANN, giving its owners the right to sell all of the domains within a specific suffix, such as ".xyz" or ".app." While crypto domains attempt to take this a step further – tying a wallet’s owner to a domain name that can be used as proof of identity on blockchain applications – they do not work across the internet through browsers, email, or mobile devices.
By applying for the real .shib top level domain, Shiba Inu expects to become one of the first Web3 networks with its own DNS namespace.
“Our partnership with D3 allows us to scale outside of the existing ShibArmy and give over 5 billion Internet users direct access to the SHIB ecosystem,” said Shytoshi Kusama, Lead Developer of Shiba Inu. “Bringing real domains to SHIB is a big deal, expanding our vision for digital identities within our decentralized ecosystem while driving long-term revenue generation within the ecosystem.”
Shiba Inu’s existing Shib Name Service (SNS) will transition to D3's infrastructure. SNS is a product released in November that serves as a means to introduce digital identity verification for all products built on Shiba Inu blockchain and Shibarium, a layer 2 network.#SHIB #Memecoins
