Dogecoin

Shiba Inu

<a href="https://optimisus.com/market/price-analysis/shiba-inu-shib-price-prediction/" rel="noopener noreferrer nofollow">Shiba Inu’s lead developer, Shytoshi Kusama</a>, has introduced the <a href="https://blog.shib.io/why-treat-new-bone-shibarium-utilities/" rel="noopener noreferrer nofollow">WHY Combinator</a>, a decentralized initiative designed to promote growth in the meme coin space. This program aims to enhance the utility of the BONE token and support innovative projects.In a blog post dated January 11, Kusama shared the initiative’s objectives and recent advancements in the <a href="https://optimisus.com/press-releases/next-crypto-gem-web3bay-to-dominate-online-shoppings-future-presale-hits-560k-uniswap-update-shib-news-inside/" rel="noopener noreferrer nofollow">Shiba Inu</a> ecosystem. He mentioned the development of over 30 technological tools, referred to as the 36 Chambers of Tech, focusing on artificial intelligence, Web3 gaming, and decentralized identity solutions.The WHY Combinator aims to boost the adoption of Shiba Inu technologies. It will assist developers using Shibarium, the network’s Layer-2 blockchain, to create new projects. Kusama envisions making “Powered by Shib” as recognizable as major tech brands like Google.Central to this initiative is the TREAT token, which stands for Transactional Rewards for Engagement &amp; Access Token. TREAT will serve as a settlement token for projects within the WHY Combinator and encourage community involvement through weekly TreatDrops, rewarding user engagement.Kusama highlighted that this program will attract new users to the Shiba Inu ecosystem, including features like the Metaverse and Shiboshis. It aims to incentivize new protocols and projects, marking a significant shift in community engagement.Additionally, Shiba Inu developers are looking to expand BONE’s role within the network. Currently a gas token for Shibarium, they are exploring new functionalities, including the launch of Layer-3 solutions. This would allow Shibarium to function as both a settlement and data availability layer, similar to systems like Arbitrum.Despite skepticism, Kusama remains optimistic about Shibarium’s future, focusing on innovation and the development of a scalable ecosystem that attracts developers and real-world applications.

Shiba Inu announces the WHY Combinator initiative for the meme coin

Optimisus

Other articles published on Jan 13, 2025

BlackRock Highlights Crypto’s Rapid Expansion, Surpassing Mobile and Internet Growth

Appellate court grants partial win for Coinbase over SEC rules

Weekly Article Recap: 12/16-12/20

Qubetics Leads Tokenisation Revolution, Hedera Sets Speed Records, and Immutable X Redefines NFT ...

Whales Dump $WIF Amid Market Decline – Here’s What You Need to Know

FTX to Distribute $1.2B in Repayments to Users as Trump Inaugurates

Join our free newsletter for daily crypto updates!