#SHIBCommunity Shiba Inu: Shib Name Service and the Future of SNS

The founder of Shiba Inu (SHIB), Shytoshi Kusama, announced the launch of Shib Name Service. Although the announcement on October 31st caught investors’ attention, it seems to have had little impact for now.

The Future of Shiba Inu

To briefly explain SNS, it can be defined as a decentralized service that helps users convert their Shibarium wallets into readable addresses. Kusama describes it as follows:

Now you won’t have to navigate through complex Shibarium addresses. Instead, you can send tokens to your friends and contacts using unique Shib names. For example, instead of a long and confusing wallet address like 0xCD4C526E9981d690472d1cB85F2ddf08451C4673, you can send tokens to “bob.shib”.