D3 Global, a prominent provider of DNS domain services, has revamped its payment options by adding Shiba Inu and BONE on Shibarium. This upgrade streamlines the payment process for users looking to acquire Web3 domain names, enabling them to make direct payments from their Shibarium addresses without the need to bridge tokens back to Ethereum.
Recognizing the growing adoption of blockchain and Web3 technologies, many individuals are now seeking to secure personalized blockchain-based domain names. D3 Global stands out as a domain name service provider that actively supports this transition. In its latest move, the company has enhanced its services by allowing payments in Shiba Inu and Bone ShibaSwap (BONE), the governance token of the ShibaSwap ecosystem. This upgrade further enhances accessibility for users in search of Web3 domain names.
D3 recently announced this development to the Shiba Inu community through a post on X. According to the D3 team, users can now conveniently make payments using Shiba Inu and BONE directly from their Shibarium addresses, eliminating the need to bridge the tokens back to Ethereum.
WOOF! #ShibArmy, D3 has made some exciting upgrades! The new additions include support for payments in $BONE and $SHIB on Shibarium, direct-to-wallet minting, and more! Check it out here: [insert shortened URL].
Interestingly, SHIB and BONE were initially built on the Ethereum blockchain. However, to utilize these assets on Shibarium, users typically have to bridge their tokens to the layer-2 blockchain. Traditionally, when making payments to entities like D3, users would need to bridge their assets back to Ethereum.
By expanding its payment options to Shibarium, D3 Global effectively eliminates the inconvenience of bridging tokens back to Ethereum. This development is particularly advantageous for customers who prefer using cryptocurrencies, rather than traditional fiat currencies, to acquire domain names.
Noteworthy Developments in Shibarium
The Shiba Inu team recently announced 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 strengthen content security and distribution.
This collaboration aims to utilize blockchain solutions to tackle challenges such as deepfakes and plagiarism in the AI sector. As artificial intelligence gains prominence across various industries, the media and entertainment sector is increasingly concerned about the proliferation of fake and potentially harmful content, as reported by Crypto News Flash.
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, using 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, as reported by Crypto News Flash.
Woofswap, a decentralized exchange operating on the Layer-2 network, introduced DAMN to Shibarium. Since its public debut, DAMN has quickly gained significant attention, experiencing an impressive 39% surge within 24 hours and emerging as one of the top gainers on DEXTools.