- Shibarium ID is launching next month as a pioneering platform for .shib domain names, integrating with the Shiba Inu’s recently debuted Shibarium network.
- The platform, supported by Proof of Human, aspires to establish a “universal name service network” beyond the SHIB ecosystem, extending to Ethereum, BNB Chain, and Arbitrum networks.
In a significant stride towards blockchain digital identity, Shibarium ID has declared its official launch date slated for the next month. This innovation comes as a part of the broader Shibarium ecosystem, unlocking .shib domains to augment the blockchain-based digital identity spectrum within the SHIB community.
@ShibariumID is officially launching in late October.
— ShibariumID | #1 Platform for .shib Domains (@ShibariumID) September 27, 2023
A Closer Look at Shibarium ID’s Offerings
Shibarium ID, a startup driven towards creating a dedicated platform for .shib domain names, is one of the maiden Web3 domain trading platforms supporting the layer-2 solution of Shiba Inu’s freshly launched Shibarium network. This initiative has the backing of Proof of Human, a Wyoming-centered venture capital firm with a sharp focus on digital identity startups. Proof of Human envisions a
“Sybil-proof experience across all digital platforms”,
indicating a robust defense against identity fraud which is pivotal in the digital realm.
The platform has unfolded a glimpse into its feature set, elucidating that users will have the facility to register, renew, and manage .shib domain listings while also reviewing offers and accepting bids. An intriguing aspect is the referral program, a pathway for users to garner additional rewards.
While the brand name Shibarium ID aligns closely with the Shiba Inu’s ecosystem, the platform has cast a wider net with plans to support Web3 domains on prominent networks like Ethereum (.eth), BNB Chain (.bnb), and Arbitrum (.arb). The overarching aim of Shibarium ID is to construct a “universal name service network”, with Shibarium leading the charge, heralding a multi-chain approach.
Shibarium ID doesn’t stop at offering domain services; it has also pledged allegiance to the Shibarium ecosystem. The platform intends to channel a portion of the fees from domain sales towards SHIB-centric endeavors. This includes notable commitments to SHIB Burns, Doggy DAO, and other altruistic contributions.
The launch of Shibarium ID implies a substantial addition of a decentralized app for Shibarium users, epitomizing the growing utility within the SHIB community. This development follows suit with the anticipated release of the Shiba Hub app, further complementing the burgeoning array of offerings within the Shiba Inu arena. The commitment of Shibarium ID towards nurturing the $SHIB ecosystem resonates through its official announcement, emphasizing its quest to metamorphose the entire ecosystem.