Shiba Inu Lead Developer Reveals Vision for Future of SHIB and Implementation of DAOs

The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.

Shytoshi Kusama, the anonymous Lead Developer for Shiba Inu, has provided insights into the future of SHIB and how the team plans to fulfill the vision of Shiba Inu founder Ryoshi. In a blog post titled “Shibarium: The Foundational Blog,” Kusama emphasized the decentralized nature of Shiba Inu and mentioned that more details can be found in the Final Worldpaper. The lead dev stated that the founder’s vision revolves around using Shiba Inu to save the world, and the team has completed the structural designs to achieve this vision. These designs will be implemented in the final phase, which involves a deep dive into Ryoshi’s vision and the necessary procedures. Kusama also highlighted the importance of a self-governing structure for Shiba Inu, which will include DAOs and a Cayman Foundation. The team has chosen the Cayman Foundation due to its favorable crypto laws. The DAOs will make decisions on various topics, while the foundation will execute those decisions. To demonstrate their commitment, the team will implement the SHIB doggy DAO foundation, along with four distinct tokens representing the governance of the Shiba Inu Ecosystem. These tokens are SHIB, BONE, LEASH, and TREAT. Kusama mentioned the introduction of a DAO legal wrapper to provide members with protection, financial security, and governance capabilities. In conclusion, Kusama hinted at SHIB’s sponsorship of the Blockchain Futurist Conference, Eth Toronto, and Eth Women, with more details to be released later.

Notifications 0