Upcoming "Five Developments" Reported by Team Members at SHIB

Discover the future of SHIB, as outlined by LUCIE, a key member of Shiba Inu's marketing team.

In this article, we explore five exciting developments, including contract renouncing, ShibaSwap 2.0, TREAT tokens, Shibahub, and the captivating SHIB Metaverse.

While specific release dates remain undisclosed, these initiatives are poised to redefine the world of cryptocurrency.

Explanation of future developments planned at SHIB

In this post, we will delve into the future developments planned for SHIB, as explained by LUCIE, a marketing member of the Shiba Inu (SHIB) project, on September 12, 2023.

These upcoming initiatives include the renouncing of the BONE contract, ShibaSwap 2.0, TREAT, Shibahub, and the Metaverse. While specific release dates have not been disclosed, these developments hold significant promise.

BONE Contract Renouncing

The renouncing of the BONE contract pertains to the governance token of the decentralized exchange, ShibaSwap.

When the project's team renouncing the contract, ownership and control of the token will be relinquished, preventing any malicious activities such as the creation of new tokens.

Contract renouncing is a crucial element in cryptocurrency projects that prioritize decentralization and equity.

ShibaSwap 2.0

ShibaSwap 2.0 represents the new version of Shiba Inu's decentralized exchange (DEX), ShibaSwap.Reports suggest that this iteration will feature a cutting-edge and enhanced design.

Furthermore, it will incorporate functions related to cryptocurrency portals, offering users a platform to access graphs, statistics, news, trends, and more.

TREAT

TREAT refers to the reward token mentioned in Shiba Inu's whitepaper, "Woofpaper."

This token was discussed in an article explaining Shibarium's overview published in January of this year. It was detailed that validators and delegators would receive a certain percentage of $BONE and a portion of TREAT tokens upon reaching checkpoints.

Additionally, TREAT is reported to function as rewards in the SHIB Metaverse and Shiba Collectible Card Game, playing a significant role in Shiba Inu's stablecoin liquidity.

Shibahub

While information about Shibahub remains limited, it is believed to serve as a central hub for accessing various services within Shibarium.

This super-app is designed to offer a convenient space for accessing favorite decentralized applications (DApps), streamlining the user experience, and making Shibarium more user-friendly and accessible.

The Metaverse

The Metaverse refers to "SHIB: The Metaverse", Shiba Inu's unique virtual space. It boasts stunning graphics and allows users to design, build, play, and develop within this virtual world.

Previous announcements have indicated that by the end of 2023, users will be able to explore multiple areas within the Metaverse.

Additionally, there have been teaser videos and other promotional materials released, generating excitement around this virtual space.

Furthermore, there are plans for significant integrations into SHIB-related applications, such as the decentralized digital ID, "Shib SSI."

Keep an eye out for future announcements and updates, as SHIB continues to evolve and expand its ecosystem.