Shiba Inu's ecosystem is expanding with the introduction of Shib Hub, new gaming developments, and a global conference, Shiba Con 2024.
Learn about the latest advancements in SHIB's journey towards becoming a major player in the crypto world.
Release of Upcoming SHIB-Related Developments
On August 14, 2024, Shiba Inu (SHIB) released a video of Shytoshi Kusama's presentation at the "Blockchain Futurist Conference 2024," held on August 13-14.
The 11-minute and 34-second video is packed with updates on SHIB's ongoing efforts and future project expansions.
The SHIB project is progressing in various initiatives, including an NFT collection, an NFT marketplace, a metaverse, games, reward tokens, a stablecoin, and several partnerships.
The video provides the latest updates on these efforts, along with a glimpse of the most noteworthy projects.
Shib Hub: The Heart of the Shiba Inu Ecosystem
Shib Hub is a new platform and super app that integrates various SHIB-related functionalities, acting as the "heart of the SHIB ecosystem."
Through Shib Hub, users can earn, learn, connect, and create, with features such as asset management, NFT trading, staking, event participation, decentralized finance (DeFi) exploration, and gaming.
The hub can also be customized to fit individual preferences, displaying community events and news. It is expected to include multiple features and services, such as:
【Shib DApp】
A decentralized application (DApp) store where users can discover SHIB-related DApps. Development tools leveraging AI (artificial intelligence) are also expected to be offered.
【Shib DeFi】
An entry point into the world of SHIB-related decentralized finance (DeFi). Users can manage assets, stake tokens, and enjoy the benefits of DeFi in a secure environment.
【Shib Learn】
Details are currently scarce, but this platform is expected to provide opportunities to learn about various SHIB-related topics. Given the rise of "Learn-to-Earn" models in the crypto industry, this feature could incorporate similar functionalities.
【Shib Games】
Discover and play Web3 games, compete with other users, earn rewards, and engage with a vibrant gaming community.
【Shib Metaverse】
A highly detailed metaverse platform that has been in development, where users can customize avatars and build content on their virtual land.
【Shib Social】
A Web3-powered social network where users can create profiles, share their thoughts, follow friends, and interact with the SHIB community.
【Shib Marketplace】
A marketplace within Shib Hub where users can discover and trade unique digital assets such as NFTs and digital art, all securely stored on the blockchain.
Shiba Con: The First SHIB Global Conference
Shiba Inu (SHIB) will host its first global conference, "Shiba Con 2024," on November 10, 2024, in Bangkok, Thailand.
Shiba Con is open to everyone, not just the SHIB community, and welcomes participants from Web2 & Web3 companies, projects, game developers, investors, analysts, tech enthusiasts, educational institutions, blockchain stakeholders, and exchanges.
The event aims to showcase technological advancements, foster community engagement, and discuss future plans for the SHIB ecosystem.
Although specific details about Shiba Con 2024 have yet to be revealed, the event is expected to provide insights into the future of SHIB.
The official website for Shiba Con 2024 is now live, and the conference is currently seeking sponsors, speakers, and participants.
The Final Non-Stablecoin Token: TREAT
The SHIB project will release "TREAT," the final non-stablecoin token in its ecosystem. Previously introduced as a reward token, TREAT is now being presented as a governance token with unique utility.
Since TREAT has not yet been released, users are cautioned to avoid counterfeit tokens and rely solely on information from official accounts.
SHIB Burn Mechanism: Shib Torch
The SHIB project has introduced a burn mechanism called "Shib Torch" to gradually reduce the supply of SHIB tokens. On August 17, 2024, Shibarium's official X account announced Shib Torch, a community burn portal designed to decrease SHIB's supply.
The Shibarium-based SHIB burn process involves collecting BONE tokens as transaction fees, converting these to SHIB on Ethereum, and burning them once a certain amount is reached.
The official Shib Torch page provides detailed information on SHIB burns.
New SHIB Game Developments
The SHIB project continues to gain attention with the Web3 version of "Shiba Eternity" on Shibarium's blockchain, and additional new games are slated for release soon.
Two upcoming games, "Agent Shiboshi" and "Shobshi Rush," have been announced.
"Agent Shiboshi" appears to be a game where users control Shiba Inu characters to battle enemies, while "Shobshi Rush" seems similar to popular mobile games often seen in advertisements.
Footage of these games can be viewed in the YouTube video linked below (starting at 3:33).
Partnership with the International Indian Film Academy Awards
In pursuit of its goal to reach "one billion users," Shiba Inu has partnered with the International Indian Film Academy Awards (IIFA), which honors Hindi-language films in India.
This multi-year partnership aims to integrate Shiba Inu's technology into IIFA's infrastructure, including the introduction of event tickets using Shiba Inu's ticketing system.
This is the first time a cryptocurrency project has secured a multi-year partnership with a global event like IIFA.
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A Major Step for a Billion People: Shiba Inu Partners with the International Indian Film Academy Awards
Shiba Inu (SHIB) partners with the International Indian Film Academy Awards (IIFA) in a groundbreaking move toward engaging one billion users, integrating SHIB technology into IIFA’s infrastructure.
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