The keynote of Shiba Inu lead developer Shytoshi Kusama at the Blockchain Futurist Conference on August 13 in Toronto has brought a plethora of
Shiba Inu (CRYPTO: SHIB) lead developer Shytoshi Kusama's keynote at the Blockchain Futurist Conference on August 13 in Toronto brought several major announcements.
Here's a summary of the key takeaways from Kusama's presentation.
Highlighting Shiba Inu's rapid advancement over the past year, Kusama noted, "SHIB was the second most searched token worldwide in 2023 a testament to its growing popularity and influence."
The launch of Shibarium last year was emphasized as a significant achievement, setting the stage for further developments within the SHIB ecosystem.
Introduction Of ShibHub
One of the major highlights from the keynote was the introduction of ShibHub, a comprehensive platform that will be at the core of the Shiba Inu network.
As the central hub, ShibHub will enable users to manage assets, trade NFTs, and participate in DeFi and gaming.
"ShibHub is the core of the Shiba Inu ecosystem, a super app empowering users to earn, learn, connect, and create within the Shibarium network," remarked SpecialK, a moderator for Shibarium.
Partnerships For Growth
Partnerships have played a crucial role in Shiba Inu's strategy for growth and innovation.
The collaboration with Zama, which introduces fully homomorphic encryption to SHIB's technology stack, was highlighted by Kusama as a key collaboration, enhancing the security framework necessary for protecting user data on a decentralized platform.
Looking ahead, Kusama is planning to expand Shiba Inu's technological infrastructure.
"The goal is to create a worldwide decentralized system that's accessible, efficient, and low-cost," he said.
The introduction of a new financial layer is also being teased, aiming to bridge the gap between Web2 and Web3 technologies, enhancing the accessibility of blockchain solutions.
ShibaCon 2024 In Bangkok
The announcement of ShibaCon 2024 in Bangkok is a major step towards enhancing community engagement.
This event will serve as the first official Shiba Inu conference, aiming to showcase the token's global impact and the vibrant community behind it.
The "soon" release announcement of the T.R.E.A.T. governance token was also particularly noteworthy.
The long-awaited token represents a shift towards a more decentralized governance model within the Shiba Inu ecosystem.
It will allow token holders to vote on key decisions and initiatives, fostering a more community-driven approach to development and policy-making.
Shiba Inu Price Action: At press time, SHIB traded at $0.00001386, down 1.35% in the past 24 hours.
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