Shiba Inu lead developer Shytoshi Kusama shared an interesting post about the highly anticipated new DEX platform. The good news comes after the launch, when the new NFT collection sold out within minutes.
What you need to know about the new Shiba Inu DEX platform
In the new details he shared, Shytoshi Kusama likens Shibarium to a “pine tree” that needs “water, sunlight and suitable soil”. The interesting thing about the story is Kusama’s analogy that “pines survive and thrive in the harshest winters”. Kusama wrote the following about Shibarium on his Twitter account:
In autumn the tree may have only a few leaves, but then spring comes. Luckily, Shibarium is a Pine Tree in this context. Still, it needs water, sunlight, and suitable soil. But pines survive and thrive in the harshest winters.
The most likely interpretation of Kusama’s tweet is that while many resources are drawn to Shibarium to reach its full potential, it is built to survive and thrive even in the harshest “crypto winter”. Expectations are good for the next release of Shibarium, which Kusama says is “coming soon”. The beta phase of Shibarium is expected to start in earnest.
Shibarium Network was introduced last year by the Shiba Inu team as the social information hub for everything related to the Shibarium Layer 2 network and protocol. The DEX platform shared an update saying that every Shibarium transaction will burn SHIB, after reiterating that the Layer 2 solution is only for the SHIB community and that the Bone ShibaSwap (BONE) will be the only token.
SHIB introduces new NFT collection in collaboration with Bugatti
In another development from the Shiba ecosystem, Buggati Group has announced that it will launch a new NFT collection. After that, Shiboshi and Bugatti Group were able to sell their exclusive NFT collections in just four minutes. The collection includes eco-friendly physical custom crossbody bags or eco-friendly physical custom hand luggage.
In addition, anyone lucky enough to get one is guaranteed a 55% discount on products launched by The Shiboshi Club x The Bugatti Group. While the NFT sale is an exciting surprise for the Shiba Inu community, its members still await the release of the Shibarium layer-2 solution.
In the details of the NFT collection, the company offers a limited number of physical products special to the genesis NFT collection to NFT owners, and plans an event for the NFT collection limited to 299 units. Meanwhile, the printing price of NFTs was 0.13 ETH. Users with special products got 50% off it. In addition, it should be noted that Shiba Inu introduced a similar NFT collection in June of 2022. cryptocoin.com We have included Shiba Inu’s token burn activities in this article.
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