“Blog Post Hints at Exciting Future Plans for Shiba Inu (SHIB) as Dogecoin (DOGE) Competitor”
The lead developer of Shiba Inu (SHIB) has revealed plans for the future of the popular memecoin. In a blog post, the developer proposed an update to SHIB that would fulfill the vision of the protocol’s creator. The post asks how SHIB can create a decentralized and enduring community that thrives in various areas, such as governance, blockchain technology, and entertainment. The developer proposes the creation of the SHIB Doggy DAO Foundation, which would carry out decisions made by the official SHIB DAO and hold its assets. The DAO would be split into four parts, representing the main tokens associated with the project – SHIB, BONE, TREAT, and LEASH. Each part would be responsible for governing aspects of the system to ensure its persistence. The developer also announced that SHIB will be sponsoring the Blockchain Futurist Conference in August, where more information about TREAT and Shibarium, the protocol’s layer-2 scaling solution, will be revealed. The post states that the completed Worldpaper will be exhibited at the conference, along with the release of Shib-branded projects. The price of SHIB is currently trading at $0.000007, with a 1.64% decrease in the last 24 hours.
The developer’s proposal aims to demonstrate that Shiba Inu is more than just a meme and has a strong community and governance structure. By creating the SHIB Doggy DAO Foundation, the developer hopes to involve and empower the SHIB community in decision-making processes. The roadmap outlined in the blog post suggests that the development of SHIB will take time and involve various updates to the protocol. The upcoming Blockchain Futurist Conference is expected to provide more details on TREAT and Shibarium, which are highly anticipated by the SHIB community. SHIB’s current trading price reflects a slight decrease in value over the past 24 hours. It will be interesting to see how the future updates and developments outlined in the roadmap will affect SHIB’s price and popularity in the coming months.