The creator of the well-known memecoin Shiba Inu (SHIB) teases a roadmap for the future of its rival Dogecoin (DOGE).
An update to SHIB that would fulfill the vision that the protocol’s anonymous designer, Ryoshi, envisioned for the dog-themed meme asset is being proposed by pseudonymous developer Shytoshi Kusama in a recent lengthy blog post.
“How can SHIB build a long-lasting, fully decentralized community that flourishes in a world of blockchain technology, branded government, economy, territory, and entertainment? Enhanced with cyber toughness, [real world] skill, and a colorful, meme-inspired attitude created for a billion people?
Complicated? Yes. The mission statement we’ve come up with is straightforward: “How will SHIB save the world?”
Shytoshi suggests establishing the SHIB Doggy DAO (decentralized autonomous organization) Foundation to convince investors that the Shiba Inu is more than simply a meme. This organization would be in charge of carrying out the decisions made by the official SHIB DAO and managing its assets.
Shytoshi continues by announcing an updated Shiba Inu’s DAO that is divided into four pieces, each of which stands for the project’s primary tokens, SHIB, BONE, TREAT, or LEASH.
“The governance of the entire system will be divided into four, one for each key token in the Shiba Inu ecosystem, to guarantee that the DAO gives each member of the SHIB community an equal voice.
To maintain the system, each person is in charge of overseeing various components. It will likely take some time for this to work itself out because it does not happen immediately.
The Blockchain Futurist Conference in Canada will be sponsored by SHIB in August. There, more details on TREAT, the token that oversees and improves community initiatives, and Shibarium, the protocol’s eagerly awaited layer-2 scaling solution, will be made public.
The finished Worldpaper will be displayed there, together with all initiatives bearing the Shib trademark and the first detailed publication of TREAT. Additionally, there is a good chance that we will talk about and publish the long-awaited layer-2 Shibarium.
At the time of writing, SHIB is trading for $0.000007, a decline of 1.64% over the previous 24 hours.