Shiba Inu’s lead developer Shytoshi Kusama has launched a new website and intake system. According to the blog published by the team, the new site will contain projects proposed by developers, content creators, business owners, and job seekers.
It’ll allow us to meet the army and remain organized in the process. It’ll allow us to grow Shibarium’s reach with professional companies, and allow us to reset our relationships with businesses that we’ve connected to in the past. Finally, it’ll help us find the right validators.
As the intake system goes live, the team said it will be updating the Wiki and releasing further information about Shibarium’s beta launch soon.
Similar to other layer-2 scaling solutions like Polygon [MATIC], Shibarium aims to increase transaction speed and lower costs in the Shiba Inu ecosystem.
The new network will let developers create custom tokens within the Shiba Inu ecosystem.
Users will be able to trade SHIB tokens without going via a centralized exchange thanks to the establishment of a decentralized exchange following the launch of the mainnet on the Ethereum blockchain.
SHIB tokens will have more liquidity as a result, making it simpler for users to trade them.
Kusama went on to say that all tokens and products available on the beta network are solely for testing, cautioning traders to keep an eye on new tokens that launch on the nascent network.
“Don’t get scammed and buy anything you’ll find on Shibarium until the Shibarium main net launch”
Shibarium’s beta release is anticipated to happen the following week. The official release has not yet been given a launch date.
Recently, Shiba Inu’s Kusama invited developers to join the Shibarium project.
Shiba Inu’s Upcoming Project Will Be More Than Just This
He advised the Shiba Inu community to embrace decentralization as a strategy for overcoming the enigmatic feline organizations that uphold the status quo.
Kusama also emphasized that Shibarium is more than merely a means of enabling the Shiba Army to use digital resources, such as tokens and NFTs, or to get access to virtual spaces like the Metaverse.
Furthermore, he said that the scaling solution will include burning Shib on every Shibarium project to build a global ecosystem, protecting each legitimate project, donating to a global network of non-profit organizations, and prioritizing the growth of Shibarium projects.