Shytoshi Kusama, the lead developer of the Shiba Inu project, commented on the usage areas of SHIB, BONE, LEASH and the soon-to-be-released TREAT tokens. Investors are eagerly awaiting the TREAT token launch targeted for January 14. At the same time, Kusama explained her vision for the “Shib Network State” and how the project will move beyond just being a meme coin.
Details of the Token Ecosystem
Kusama introduced the idea of “Shib Network State” on her podcast “Meme Mania and the 36 Chambers of Tech.” He stated that the Shiba Inu was defined as a digital entity by drawing parallels with the statehood criteria of the Montevideo Convention. The project stands out with its four-token governance system, large global community and virtual lands. We have been talking for years that Shiba Coin has done very successful work in building its own ecosystem, beyond being just a meme coin. Although this situation causes the Shiba culture to constantly come to the stage with new projects, great successes are not seen in these projects.
Shiba, BONE, LEASH and TREAT
Shytoshi Kusama explained the different roles of each token within the network: SHIB manages the community, BONE focuses on technology, LEASH manages legal matters, and TREAT advances innovation and marketing activities. This system encourages active participation by supporting decentralized decision-making processes in the Shiba Inu ecosystem.
Kusama also clarified the strategic roles of ecosystem tokens. Beyond their governance role, these tokens support the project’s transition to a robust decentralized system. SHIB enables grassroots engagement as the core community token, while BONE’s focus on technology increases scalability and security.
“Our goal is to transform the Shiba Inu into a technologically advanced and accessible ecosystem.” -Shytoshi Kusama.
Shib Network State and Community
With the evolution of Shib Network State, Shiba Inu is becoming more than just a cryptocurrency but a decentralized asset that redefines blockchain usage and community management. This evolution signals a promising future for the ecosystem and its owners.
Shib Army’s more than six million members interact through the metaverse and domain assets that are the digital “home” of the project. Multi-chain capabilities facilitate token mobility, making it possible to connect with other decentralized ecosystems.
Market Performance
Shiba Inu lost approximately 10% in value today due to the decline in the overall crypto market, with the SHIB price falling to $0.00002165. The BONE price also dropped by 10.5% to $0.4523, while the LEASH token lost 5% to $263.09. An increase in volumes was observed.
This market activity shows that investors have become more active due to the impact of the TREAT token launch.
Shiba Inu’s future steps focus on the technological development of the ecosystem and community interaction.
The project aims to gain an important place in the blockchain field through decentralized management and innovation.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
