Shibarium ID to Revolutionize Digital Identity on the Blockchain

Estimated read time 3 min read
  • Shibarium ID, a blockchain digital identity solution, is set to launch next month.
  • The platform will support .shib domain names and aims to enhance digital identity security within the SHIB community.

In a significant move towards advancing blockchain-based digital identity, Shibarium ID has announced its official launch date, scheduled for the next month. This innovative platform is part of the wider Shibarium ecosystem and is poised to unlock the potential of .shib domains, contributing to the expansion of blockchain-based digital identity within the SHIB community.

Unveiling the Features of Shibarium ID

Shibarium ID is a startup with a clear mission to create a dedicated platform for .shib domain names. It stands as one of the initial Web3 domain trading platforms supporting the layer-2 solution of the recently launched Shibarium network by Shiba Inu. This venture has garnered the support of Proof of Human, a venture capital firm based in Wyoming with a strong focus on digital identity startups. Proof of Human’s vision revolves around ensuring a “SYBIL-PROOF EXPERIENCE ACROSS ALL DIGITAL PLATFORMS,” emphasizing the importance of robust defense against identity fraud in the digital realm.

The platform has provided a glimpse into its feature set, highlighting that users will have the ability to register, renew, and manage .shib domain listings, along with reviewing offers and accepting bids. An intriguing feature is the referral program, which offers users the opportunity to earn additional rewards.

While Shibarium ID bears a name closely aligned with the Shiba Inu ecosystem, it has broader ambitions, intending to support Web3 domains on prominent networks such as Ethereum (.eth), BNB Chain (.bnb), and Arbitrum (.arb). The overarching goal of Shibarium ID is to build a “universal name service network,” with Shibarium taking the lead and adopting a multi-chain approach.

Shibarium ID goes beyond offering domain services; it has committed to supporting the Shibarium ecosystem. The platform plans to allocate a portion of the fees generated from domain sales to SHIB-centric initiatives, including contributions to SHIB Burns, Doggy DAO, and other altruistic endeavors.

The impending launch of Shibarium ID signifies a significant addition to the decentralized app ecosystem for Shibarium users, reflecting the growing utility within the SHIB community. This development aligns with the highly anticipated release of the Shiba Hub app, further enriching the offerings within the Shiba Inu ecosystem. Shibarium ID’s dedication to nurturing the $SHIB ecosystem is evident in its official announcement, emphasizing its mission to transform the entire ecosystem.

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