• Shiba Inu developers are working on a service that connects real-world assets with NFTs.
• This is part of the upcoming rollout of the Shibarium ecosystem, which will use SHIB, BONE and LEASE tokens for its operations.
• Lead developer Shytoshi Kusama recently unveiled ‘Shibacals’, a feature that uses NFC chips to authenticate physical items and link them to user’s NFT collections.

Introducing Shibacals: Authenticated Collectibles

Shiba Inu developers are currently working on a revolutionary service that aims to establish a connection between real-world assets and non-fungible tokens (NFTs). This development is part of the upcoming rollout of the Shibarium ecosystem, a layer 2 blockchain focused on metaverse and NFT applications. The ecosystem will utilize the Shiba inu (SHIB), bone (BONE), and leash (LEASE) tokens for its operations, and it is anticipated to go live later this year.

Lead Developer Unveils ‘Shibacals’ Concept

Lead developer Shytoshi Kusama recently provided an update, highlighting the concept of “Shibacals: Authenticated Collectibles.“ This feature will utilize NFC (Near Field Communication) chips to digitally authenticate physical items, potentially increasing their value. The tags generated by Shibacals can be used for any real-world product like T-shirts or hats and they are linked directly to the user’s NFT collection – proving ownership over both tangible and digital goods. When reselling such items, buyers can verify their authenticity by checking the tags on the blockchain.

Benefits of Verifiable Ownership & Scarcity

Kusama highlighted the appeal of verifiable ownership and scarcity offered by digital items on the blockchain – factors which have contributed to the surge in popularity surrounding NFTs. However, as mass adoption progresses there is an increased need for authenticators that can differentiate between original items and copies – creating an opportunity for scams if not addressed properly. That’s where Shibacals comes in – providing users with an easy way to verify ownership over physical products associated with their digital collections.

Bringing Real World Assets To The Blockchain

The upcoming launch of Shibarium’s Shibacal feature marks an important milestone towards bringing real world assets onto blockchain networks – allowing users to enjoy all benefits associated with tokenization without sacrificing security or trustworthiness when trading valuable products like artworks or collector’s items online.

Conclusion

Shibacals represents another step forward in bridging traditional markets with cutting edge technology like blockchain networks – further helping drive mainstream adoption while also protecting users from fraudulent activity related to real world transactions involving valuable goods or services.