The Shiba Inu (SHIB) team has implemented Shib Name Service (SNS), which will allow users to obtain Web3 identities.
The most demanded Web3 domain name system in the market To Ethereum Name Services (ENS) The rival has arrived. Shiba Inu team 31 October day sns launched the service called. The service in question is the Shiba Inu Layer 2 (L2) blockchain solution Shibarium It was built on.
As of October 31, users can use Shib Name Service via “.shib” extension began to purchase domain names. Especially “.ethFrom the very first day, especially the domain names that made a huge premium in the craze and were sold for hundreds of thousands of dollars.Google, Amazon, Apple, Binance, Bitcoin, SamMany domain names such as ” have been purchased.
Annual rental fee for domain names with 4 words or more 20 Bone ShibaSwap (BONE) so about 15 dollars It does. Unlike the limited rental period in the “.eth” system, users can own a domain name for hundreds of years.
Users cannot yet sell the .shib domain names they purchased. Now “ReservedThese domain names cannot be used for cryptocurrency transfers. Shib Name Service’s domain name buying and selling marketplace In the 1st quarter of 2024 It is planned to be implemented.
According to CoinGecko data, SHIB is at the time of writing. 0.00000768 from dollars BONNET whereas from $0.744 is being traded.