Shiba Inu Talks Vision for 2024, Putting Focus on SHIB Names

The quickly-growing Shiba Inu community is in for a treat this year with the all-around digital identity.

Shiba Inu giving a speach infront of an audience under a spotlight.
Created by Gabor Kovacs from DailyCoin
  • SHIB Token developers aim to bridge the gap between Web2 and Web3.
  • In mutual efforts with D3 Global, SHIB is tapping into the traditional internet.
  • SHIB holders can pre-register their desired names before launch.

The developers behind Shiba Inu (SHIB) recently unfolded their master plan for the Shiba Inu Ecosystem in 2024. According to a thread on X, SHIB Token is switching focus to digital identity via .SHIB top-level domain names. This would enable SHIB enthusiasts to use the same customizable domain name across email clients, online stores, and Web3 dApps.

SHIBDentity, in collaboration with the Web3 startup D3 Global, is set to bring a memorizable .SHIB domain name for every member of the SHIB Army. In Shiba Inu’s 2024 vision, this serves as a universal key to open doors across both the traditional internet and Web3.

Here’s How Shiba Inu Plans to Invade the Internet

Shiba Inu’s decentralization quest was declared in October 2023 when SHIB released the Shiba Name Service (SNS) on Shibarium L2. Shiba Inu’s native Layer-2 blockchain technology stores the credentials on-chain, making it easy for internet surfers to authenticate in Web3 apps without exposing their information to large corporate-owned databases.

“Futureproofing your identity is our top priority,” reads SHIB Token’s official message on X regarding SHIB’s attempt to register with the Internet Corporation for Assigned Names and Numbers (ICANN) for a DNS-compatible .SHIB top-level domain (TLD). While the demanding application process highly depends on the size of the community, there are other important factors to consider.

Shibarium’s lead developer, Shytoshi Kusama, previously introduced the “Network State” plan, which also encompasses a super app for the vibrant community of SHIB, now counting nearly 4 million followers on SHIB Token’s official X handle. Known as The HUB, the super application is set to be the gateway to all dApps on Shibarium L2, while SHIBDentity serves as the access key.

On the Flipside

  • .SHIB top-level domains (TLDs) would make SHIB Army the only crypto community with a DNS-compatible name, but the approval also heavily depends on technicalities.
  • While the Ethereum community also uses their native suffix .ETH, Ether would have a hard time applying with ICANN, as ETH also serves as the country code for Ethiopia.

Why This Matters

Tapping into the traditional internet infrastructure has the potential to spread crypto awareness to 6 billion users of Web2 while also providing SHIB holders with a convenient way to identify themselves online.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.