Shiba Inu Ecosystem Expands: Shibarium Welcomes SHIB and BONE Payments by DNS Domain Provider

Shiba Inu

  • D3 Global, a leading DNS domain provider, has upgraded its payment options to include Shiba Inu and BONE on Shibarium.
  • This upgrade simplifies the payment process for users seeking Web3 domain names, allowing them to make payments directly from their Shibarium addresses without the need to bridge tokens back to Ethereum.

D3 Global, a leading DNS domain provider, has expanded its payment options to include Shiba Inu and BONE on Shibarium as part of its latest upgrade.

In response to the increasing adoption of blockchain and Web3 technologies, many individuals are seeking to secure custom blockchain-based domain names. D3 Global distinguishes itself as a domain name service provider actively supporting this transition.

Recently, the company upgraded its services to allow payments in Shiba Inu and Bone ShibaSwap (BONE), the governance token of the ShibaSwap ecosystem, further enhancing accessibility for users seeking Web3 domain names.

In a recent post on X, D3 announced this development to the Shiba Inu community. According to the D3 team, users can now make payments using Shiba Inu and BONE directly from their Shibarium addresses, eliminating the need to bridge the tokens back to Ethereum.

Interestingly, SHIB and BONE originally operated on the Ethereum blockchain. Nevertheless, to utilize these assets on Shibarium, users typically must bridge their tokens to the layer-2 blockchain. When making payments to entities like D3, users would traditionally need to bridge their assets back to Ethereum.

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By extending payment options to Shibarium, D3 Global effectively removes the hassle of bridging tokens back to Ethereum. This development is particularly beneficial for customers who favor using cryptocurrencies, rather than traditional fiat currencies, to acquire domain names.

Key Developments in Shibarium

The Shiba Inu team recently revealed its partnership with the Content Delivery and Security Association (CDSA) to enhance the protection of media and entertainment content. Leveraging Shibarium and blockchain technology, Shiba Inu aims to fortify content security and distribution.

This collaborative effort intends to utilize blockchain solutions to address challenges such as deepfakes and plagiarism in the AI sector. As artificial intelligence gains prominence across various industries, there’s growing apprehension within the media and entertainment sector regarding the proliferation of fake and potentially harmful content, per the Crypto News Flash report.

Shibarium proudly welcomes the (DAMN) protocol into its ecosystem. The innovative token-burning mechanism implemented by DAMN has significantly contributed to its popularity. With each transaction, DAMN burns BONE, the Shibarium gas token, employing a deflationary approach. This method not only reduces the circulating supply of DAMN tokens but also enhances scarcity and value for both DAMN and BONE, reports Crypto News Flash.

Woofswap, a decentralized exchange operating on the Layer-2 network, introduced DAMN to Shibarium. Following its public debut, DAMN quickly attracted significant attention, experiencing a remarkable 39% surge within 24 hours and emerging as one of the top gainers on DEXTools

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