Shiba Inu Partner Unveils New Frontier In Token Trading

D3
Global,
a
well-known
DNS
domain
provider
and
Shiba
Inu’s
partner,
has
officially
launched
the
beta
version
of
its
D3
Marketplace.
This
platform
introduces
a
novel
way
of
trading
SHIB
Name
Tokens.

The
D3
Marketplace
now
allows
users
to
buy,
sell,
or
make
offers
on

Name
Tokens,
focusing
initially
on
Shiba
Inu-themed
top-level
domain
(TLD)
names.
Current
supported
TLDs
include
.shib
and
.core,
with
early
glimpses
suggesting
a
streamlined
transaction
process
directly
integrated
into
the
Web3
ecosystem.

“D3
Marketplace
Beta
is
Live!
D3gens,
the
D3
Marketplace
has
officially
launched
in
beta,
and
you
can
now
buy,
sell
and
make
offers
on
Name
Tokens,”

announced
D3
via
a
post
on
X,
highlighting
the
immediate
availability
of
the
platform
for
users
eager
to
partake
in
this
new
trading
experience.

What
The
Shiba
Inu
Army
Can
Expect

A
detailed
examination
of
the
marketplace
shows
it
features
a
user-friendly
search
box,
allowing
potential
buyers
to
check
the
availability
of
specific
TLD
names.
Once
a
name
is
selected,
it
can
be
acquired
for
approximately
$10
for
an
annual
subscription,
with
payment
options
including
both
cryptocurrencies
and
traditional
credit
cards.

A
standout
feature
of
the
marketplace
is
its
support
for
payments
using
Shiba
Inu
ecosystem
tokens—SHIB
and
BONE.
This
capability
is
enabled
through
Shibarium,
a
layer
that
facilitates
transactions
without
the
need
for

bridging
these
tokens
to
the
Ethereum
network,
thereby
simplifying
the
payment
process.

This
initiative
began
back
in
December
2023
when
Shiba
Inu
pioneered
the
integration
of
a
TLD
within
the
global
cryptocurrency
market.
Following
this
trailblazing
step,
other
major
crypto
projects
like
Gate.io,
Casper
Network,
Core
Network,
and
Viction
joined
hands
with
D3
to
establish
their
respective
TLDs.

“The
Shib
Name
can
be
used
as
a
username
on
web3
cross-platforms,
multi-chain
wallet
address,
and
infrastructure
identifier,
among
others,”
the
company
elaborated
on
the
utility
of
the
Shib
Name
Tokens.
These
tokens
are
designed
to
function
as
universal
identifiers
across
the

decentralized
web,
simplifying
user
interactions
across
various
blockchain
applications.

Furthermore,
the
Shib
Name
Tokens
have
already
demonstrated
strong
market
interest.
On
the
first
day
of
sales
in
March,
thousands
of
names
were
purchased,
including
highly
sought-after
ones
like
‘my*shib,’
which
fetched
$2,000.
D3
has
set
the
standard
registration
price
at
$10
per
year,
with
premium
features
available
at
higher
tiers.

D3
anticipates
that
the
beta
phase
of
the
marketplace
will
continue
for
several
months.
This
period
will
allow
the
team
to
identify
and
rectify
any
technical
issues
before
proceeding
to
the
mainnet
launch,
though
an
official
launch
date
remains
undisclosed
at
this
time.

At
press
time,
SHIB
traded
at
$0.00002423.

Featured
image
from
Techpoint
Africa,
chart
from
TradingView.com