The Shiba Inu team announced that they will collaborate with Web3 domain company D3 to provide “.shib” internet domains. The “.shib” internet and blockchain domain name is expected to be launched in the coming months.
“.shib Domain Name for Websites Will Be Sold”
Representatives of the Shiba Inu network announced on Telegram that they are preparing to apply for the .shib domain. The application will be submitted to ICANN, the global database for internet domain names, during the next application window.
ICANN reviews each internet domain application, giving owners the right to sell the dot com suffix. Cryptocurrency domains expand on this concept by connecting a wallet owner to a domain name. This domain name can be used as proof of identity in blockchain applications, thus helping to protect privacy.
Shiba Inu Lead Developer Shytoshi Kusama expressed his excitement about the partnership with D3. Kusama said:
“Our partnership with D3 allows us to scale beyond the existing SHIB community and provide over 5 billion internet users with direct access to the SHIB ecosystem. Bringing real domains to SHIB is a big deal that allows us to generate long-term revenue within the ecosystem while expanding our vision for digital identities in our decentralized ecosystem.”
*This is not investment advice.
