Shiba Inu Developers Plans to Launch Stable Coin, Reward Token and Collective Card Game.

Virender Rakwal
Virender Rakwal
5 Min Read
  • Shytoshi Kusama says Shiba Inu Developers are focused on completing Ryoshi’s plan for the Shiba Inu ecosystem.
  • Shiba Inu Lead Developer Shytoshi Kusama announces that community plans to launch a stablecoin for Shib ecosystem and a reward coin for their most loyal members.
  • New Stable Coin for Shiba Inu Ecosystem and Reward Token Treat will be launched soon this year if everything goes as planned: said Shytoshi Kusama

Shiba Inu(SHIB) Lead Developers Shyoshi Kusama has updated the memecoin community plans to introduce a new stablecoin and Reward token for their users.

SHI: Shiba Inu’s Stable Coin

Shytoshi Kusama stated that Shi is a concern after watching other stable tokens collapse and billions of dollars completely disappear from the market.

According to Kusama, The version of SHI currently in development avoids all the issues of projects like Terra(LUNA) and SHI won’t be affected by market fluctuations.

So as for Shi, we’ve seen independent development from a group of developers in our decentralized network. They’ve submitted a version of Shi that seems to avoid the issues found in other moonshots, while allowing Shi to be used to counter and balance payments that need to be done without market fluctuations.

Shiba inu Stable Coin
SHI: Shiba Inu Stable Coin

Shiba Inu Developers added that the SHI stablecoin would be available this year if everything goes as planned by the team.

Related Articles: Porsche Dealer Starts Accepting Payments in Shiba Inu (SHIB)

Treat: Shiba Inu’s Reward Token

Shiba Inu's Reward Token
Shiba Inu’s Reward Token

According to Shytoshi Kusama, Treat will launch as a part of Shiba Ecosystem Development. As found in Shib Woofpaper, Treat is the token that’s been quietly in design as they:

  1. Didn’t want to rush another token into the ecosystem and
  2. its use case must be well defined and outlined.

Meanwhile, Shiba Inu Developers have reserved a limited supply of TREAT for their most loyal Breed members that have stuck with them for months and months helping develop the confidence to protect and grow the ecosystem with patience, energy, and support.

What will be available for rewards for everyone else?

TREAT will be served as a reward token for everyone in the Shiba Inu Ecosystem, while the BONE Token would be the reward token for validators in Shibarium.

Treat will not only serve this purpose, but will derive rewards for the Metaverse, and the blockchain version of the Shiba Collectible Card Game, as well as for helping to provide balance to Shi! This is a huge step in the final landing of this massive project to full decentralization

Kusama concluded that the new reward token would benefit the Shiba Inu Ecosystem and aid its full decentralization.

Related Articles: AMC Adds Dogecoin, Shiba Inu Payments to Mobile App!

SHIBA WOOF! Shiba Card Game

Kusama stated that The wild card in all this is the fantastic Shiba Collectible Card game! Playside and Shiba Games have been working hard to make the best collectible card game on the planet. It’s literally amazing and I was going to post information about it, but it deserves its own post so stay tuned for card reveals and much more as we start testing and prepare to launch this amazing project!

Soon they will write a whole blog post for Shiba Card Game Project.

Updates on Shibarium, Metaverse, and Upcoming Projects

In the Blog Post, Shytoshi Kusama stated recent developments about Shibarium such as:

Shibarium is a crucial element in this strange war we are engaged in because it will enable microtransactions by enabling the movement of assets on chain for small BONE (gas) fees. Our frens at X-Fund recently provided an excellent update on the development of Shibarium, and we’ve hired a tonne of new developers we’ve met over the past year to assist us with the UX/UI and redesign of our web portals to go along with this project. As of right now, everything is proceeding as planned, and we are working quickly to finish this essential part of our ecosystem. A date for the Public Beta has not yet been decided by xFUND and SHIB Developers.

On the plans to build a Metaverse, the developer reveals that the plan had hit a temporary snag. but it has been resolved and the team is still dedicated to building the best Metaverse on the planet.

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Posted by Virender Rakwal
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Ceo/ Founder at XryptoNation. Senior Web Developer, Blockchain Expert.
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