Shiba Inu (SHIB) developer says it’s time to move beyond the meme

Shiba Inu (SHIB)’s lead developer, Shytoshi Kusama, believes it’s time to ditch the caricature and farcical image of the Shiba Inu project and transform it from a meme coin into a project usable in the real world.

This statement comes after the announcement of a new partnership with D3 Global that will allow the SHIB community to create Internet domain names ending in .shib, which could form the basis of a new decentralized identity.

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Kusama believes that cartoons and fictional stories should take a backseat to develop a standard that “can support the technology we are all working to build to improve the world.”
He says this is the only way to increase the currency’s reliability and give token burning more importance.

Shiba Inu Community Reveals Shift to Web3

D3 Global is an Internet domain name startup that integrates Web3 principles into the Domain Name System (DNS).

The company was founded in May 2023 and aims to revolutionize the real asset class of domain names on the Internet.
D3 seeks to go beyond the traditional use of domain names as just website addresses and aims to use blockchain technology to provide domains that act as secure digital identities.

A new partnership with decentralized identification experts at D3 Global will turn SHIB name tokens into a Shiba Inu name service.
These tokens can carry features that enhance the WEB 3.0 user experience.

Once users obtain a top-level domain, they can obtain a .shib address.
The Shiba Inu community claims that their domains differ from long-established projects such as the Ethereum Name Server system.

One of the project’s strengths is that it differs from .com addresses tied to centralized entities like Netflix and Amazon.
A Shiba Inu website address and email address that end in .shib can be completely owned, and both are completely decentralized.

Shiba Inu
Shiba Inu

Prospects for increased adoption

Earlier this year, the Manny Pacquiao Foundation said it would use Shibarium to organize events.
People can also donate using the SHIB token and automatically receive a tax receipt.

The recent rise in the price of Bitcoin has been accompanied by a rise in the altcoin market cap to $700 billion.
The BONK meme coin recently became the third largest dog meme after Dogecoin and Shiba Inu.
SHIB’s price has risen by 21.1% since a year ago to reach $0.00001020.

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