Anticipation surrounds the potential release of Shibarium throughout the cryptocurrency community, a project led by the Shiba Inu development team which is predicted to go live next month, according to a recent blog post by Shytoshi Kusama, the top developer of Shiba Inu. The potential release date aligns with Shiba Inu’s third-year anniversary, a synchronicity that hasn’t been overlooked by avid followers who are aching for more developments.
Kusama highlights that the platform’s anticipated launch is especially significant because it coincides with Shiba Inu’s anniversary and is planned to occur in the birthplace of Ethereum. In connection to this event, Kusama announced that Shiba Inu’s ecosystem would be the primary sponsor for the upcoming Blockchain Futurist Conference, and official hackathons ETHToronto and ETHWomen.
In line with the Shibarium launch, Kusama will use artificial intelligence technology to deliver a key speech during a conference highlighting all aspects of the Shiba Inu ecosystem, including the introduction of new projects and an in-depth analysis of the Treat token.
During the conference, Shibarium aims to host a hackathon reaching over several months, during which two booths will exhibit Shibarium’s capabilities. This will also include a preview of various Shiba Inu-themed merchandise, platforms, and services such as the Metaverse, Shibacals and Shiboshis. Likewise, attendees will be introduced to collaborations like Unification and BadIdea.Ai, along with additional projects involving Shibarium Tech.
Kusama’s blog post underlines the specific functionality of different tokens within the Shiba Inu landscape. Shiba Inu token (SHIB) commands the overall community, Bone ShibaSwap (BONE) supports the technical dimension of Shibarium, and the Doge Killer token (Leash) empowers community protection. Treat token, on the other hand, will be designated for community projects.
In terms of governance, the Shiba Inu community will establish the Doggy DAO to manage the entire ecosystem. The balance of power will be equally distributed among the four main tokens in the Shiba Inu community. This move is likely to excite Shiba Inu followers, as illustrated by the positive reactions received so far on social media.
Indeed, despite the community’s zeal, some consider these developments with a pinch of skepticism, questioning the intended balance of power between the four main tokens. However, there’s no denying that if the Shibarium launch is successful, it could lead to a landmark movement in the broader cryptographic community. As they say, the proof of the pudding is in the eating!
Source: Cointelegraph
