The lead developer of Shiba Inu ecosystem, Shytoshi Kusama updates on Meme coin’s projects including its Metaverse.
Kusama reaffirmed Shiba Inu’s stance on the objectives for the ecosystem. Note that, Ryoshi had proposed layer-2 scaling solution Shibarium before his social media disappearance.
The Shib Army is also expecting to launch Shibarium, a key element that would equip cheaper transactions for projects in the Shiba Inu ecosystem. Kusama disclosed that a group of new developers have boarded the Shiba Inu ecosystem and are working to redesign the UX/UI.
The update also informed that xFUND and SHIB developers are yet to decide on a date for Public Beta and launch the project.
The depegging of LUNA and the recent crypto collapse, has left crypto enthusiasts shocked. Consequently, Shiba Inu developers are turning cautious with the stablecoin SHI.
Amidst all the pessimism, Kusama gave the assurance that the latest version of SHI is avoiding the problems that were found in other moonshots and the stablecoin. In that view, SHI can be used to keep a check on and balance payments without being susceptible to market fluctuations.
Shiba Inu is soon marching into further decentralisation with the development of Shibarium, SHI, and the metaverse.
It is also anticipated that TREAT, the community’s rewards token, will launch soon after BONE’s mint is exhausted for validator incentives. Kusama revealed to the Shib Army that the metaverse is under ‘progress’ and the team is growing in that direction. But there has been no information regarding its launch date.
Another project that the Shib Army can keep an eye out for is the Shiba Collectible Card game which will be launched in collaboration with Playside.
Also Read: Shiba Inu Coin is Now Available at Bitcoin of America ATMs
