Shiba Inu’s Innovative ‘.shib’ Domain
Shiba Inu, renowned for its SHIB token, is venturing into internet domain innovation by applying for a “.shib” domain that operates within the domain name system (DNS), unlike the existing “.crypto” and “.eth” domains.
The team behind the memecoin SHIB has collaborated with internet domain firm D3 to pursue and acquire the “.shib” Top-Level Domain (TLD). D3 specializes in futuristic domains, bridging Web2 and Web3 technologies for enhanced interoperability.
Presently, domains like “.crypto” and “.eth” in the Web3 realm lack compatibility with common internet tools such as web browsers and email due to their non-integration with the DNS. Conversely, Web2 domains like “.com” and “.net” function seamlessly with the DNS but lack native support for Web3 tools like digital identity solutions and crypto wallets.
If successful, the “.shib” domain will allow SHIB token holders to create email addresses appended with “.shib,” compatible with regular email applications, as stated by D3.
Moreover, D3 plans to introduce “name tokens” for SHIB users, streamlining the process of sending digital assets across diverse blockchains without the necessity of lengthy alphanumeric wallet addresses. This innovative step aims to simplify and enhance the user experience within the cryptocurrency ecosystem.