The chief developer of popular memecoin Shiba Inu (SHIB) has presented a roadmap for the future of Dogecoin (DOGE)’s competitor. What are the developments that closely affect meme tokens?
SHIB Update!
In a new and lengthy blog post, the developer nicknamed Shytoshi Kusama suggested a SHIB update that would complete the vision of the protocol’s anonymous creator Ryoshi’s dog-themed meme token. The expert said the following in his explanations:
How can SHIB create a truly decentralized and enduring community in a branded governance, Blockchain technology, economy, region, and entertainment environment? Is it infused with a living spirit inspired by memes, enhanced with cyber resilience in real life, and designed for a billion people?
To show investors that Shiba Inu is more than a meme, Shytoshi proposed the establishment of the SHIB Doggy DAO Foundation, an asset that will implement decisions taken by the official SHIB DAO and hold its assets.
New Version in SHIB DAO!
In addition, Shytoshi continued to announce a renewed version of Shiba Inu’s DAO, split into four parts, by saying the following:
In order to give all members of the SHIB community an equal voice in DAO, the governance of the entire system will be divided into four, one for each core token in the Shiba Inu ecosystem. Each one is responsible for the management aspects of the system to ensure its permanence. This is not something that happens overnight and is expected to take some time to resolve.
Shytoshi then announced that SHIB will be sponsoring the Blockchain Futurist Conference in Canada in August. He stated that more information about the token TREAT, which manages and develops community projects, and the protocol’s eagerly awaited Layer-2 scaling solution, Shibarium, will be announced here by saying:
At this location, the completed Worldpaper will be exhibited, all Shib-branded projects will be published, and TREAT will be published in detail for the first time. It is also very likely that we will discuss and launch the long-awaited Layer-2 Shibarium.
