Shib's War Chest
GM Shib Army!
Are you ready to read about all the latest Shib developments and feature-worthy topics and projects? But first things first: huge congrats to Shy, Kaal, and everyone who had a major role in the successful fundraising campaign that resolved in a whopping $12M! WOOF!
Our hope for an L3 blockchain is on the horizon, and we couldn’t be more delighted.
Did somebody say $TREAT? We'll be digging into the updates on this “tasty” ecosystem token. Not only that, but we’re also taking a closer look at the importance of bridging to Shibarium, Ryoshi’s vision for decentralization, and some innovative projects on Shibarium that are keeping our ecosystem buzzing with activity and excitement.
It's going to be a wild ride – let’s get started!
1) Shib Builds a $12 Million War Chest
Shiba Inu has just secured $12 million in funding, positioning it for success in its mission to become a major player in the crypto industry. Read more
2) Crossing the Crypto Chasm: Why Bridging to Shibarium Is Your Ticket to Tomorrow
In this insightful interview with Shibarium Tech admin Davinci, dive deep into the importance of bridging to Shibarium. Read more
3) Realizing Ryoshi’s Vision: An Analysis of Shib’s Profound Journey Towards Decentralization
This comparative analysis explores Ryoshi's vision for a decentralized ecosystem and how this vision turned a meme into a movement. Read more
4) Discover the Vibrant World of Shibarium with Its Active Projects
Discover how pioneering projects on Shibarium are navigating challenges, inspiring individuals, and innovating DeFi, Web3, and more. Read more
5) PixelPalz Ignites Innovation in Shibarium Through Strategic Collaboration
PixelPalz represents a fusion of art and technology, bringing innovation and community support to Shibarium. Read more
Shib Builds a $12 Million War Chest
Shiba Inu has just secured $12 million in funding, positioning it for success in its mission to become a major player in the crypto industry.
It was an announcement that sent waves of excitement crashing across the crypto ecosystem, and particularly the meme token world!
The press release from Shiba Inu on Monday cut straight to the chase: the beloved dog-themed meme coin had raised $12 million from a clutch of investors. But beyond that simple headline that made the crypto world sit up and take notice – and the fact that the statement came right after Token2049 in Dubai where Shiba Inu took some bold steps to make its presence felt – lay the real treasure trove. For those who have followed Shib's mesmerizing journey with patience and deep faith, it offered tantalizing details of a fast coalescing roadmap to a magical future that would make any Shib Army jump and woof in excitement!
Here is some context that will make the implications of this heady announcement more absorbable. Shiba Inu has never been shy of shouting out loud its ambitious target of onboarding the next one billion users – people who are mostly not very familiar with crypto but would also be interested in learning more and even partaking of the new pieces of technology being unveiled and talked about every day. In other words, pulling in the crypto-curious individuals.
Any crypto project that onboards a billion new users will simply be a winner in this race for the planet's financial future by sheer heft. But it is also a world of stiff competition, with every blockchain out there targeting the same prize! It’s a race to build heft, to pull in as many users as possible. And the winner could take it all!
That is why this is an epochal moment for SHIB. What this fundraise has done is to give SHIB a war chest to fight this epic battle successfully, evening the odds in a fight that pits it against the Goliaths of crypto.
Now, a quick look at the details: The fundraise came from a group of big name investors — Mechanism Capital, Big Brain Holdings, Cypher Capital, Shima Capital, DWF Ventures, Morningstar Ventures, Hercules Ventures, Animoca Brands, Foresight Ventures, Comma3 Ventures, Woodstock Fund, Polygon Ventures, Stake Capital, Illuminati Digital Capital, Primal Capital, STIX, and Spirit Dao.
Those are not just a few names from the world of finance. Each of them means something for Shiba Inu’s grand vision. Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu Project, articulated it so well to The Street in an interview on the fundraise: “What we did is that we made sure that some of the most powerful people in the world have skin in our game, so to speak.”
Yes, this is not just about building a war chest; it is also about gaining powerful allies for the long battle ahead.
Because that battle requires new tools, powerful new weapons – things no one else in crypto has rolled out yet – and new allies. “Through the involvement of these venture capital firms and their strategic partners, we are expanding not only our network of trusted partners, but also exponentially increasing what Shiba Inu can truly be capable of for our community, The Shib Army,” Kusama said in the statement that announced the fundraise to the world.
Polygon Ventures, one of the new investors, praised Shib’s unique approach to this value building in a post on X (formerly Twitter) soon after the announcement: Memecoins can be bootstrapped in two ways, it explained. One is to start with utility, and then add memetic value. Shib, it said, had opted for the alternative route, which is to start with memetic value, and then add utility!
“Now, they're expanding their efforts to build a FHE blockchain aimed at bringing privacy and trust to all.”
The newly acquired funds will help Shiba Inu build a raft of new things, strategically equipping it for realizing its vision and becoming a force of change not just in crypto, but in the world itself.
Foremost of these, of course, is a new blockchain, a layer 3 with built-in FHE from partner Zama. For more details on Fully Homomorphic Encryption and how it works, go here.
Don’t get us wrong. This is not just a shiny new piece of technology.
An L3 chain will help improve security and regulatory compliance – things that will become more important than ever as increased regulatory scrutiny is sure to follow as Shib starts to attract those billion users. But beyond compliance, it is also about building trust with all those users, building credibility, and delivering on the promise and dream that have helped the Shib Army keep faith in this project.
If you look at what Shib is building toward, the need for an L3 is a no-brainer. Layer-3s offer unparalleled scalability, enabling high-volume transactions and supporting complex applications seamlessly. That scalability is non-negotiable when we talk of a billion new users!
The enhanced treasury will also help build the technology stack while increasing the usability and portability of its technology, further increasing Shib’s reach and the convenience it will offer to its users.
A $TREAT Waiting for Everyone!
The new layer-3 chain will use $TREAT as its governance and utility token, playing a role similar to $BONE on the Shibarium L2 chain. Now, here is the interesting part. The funds came from the sale of TREAT, although the token itself has not been released yet. It is a big endorsement of the credibility and trust of this project, and the vision of the founders, that so many big investors were happy to spend millions of dollars to buy the token.
“The @treatsforShib project is a meaningful step up for the @Shibtoken ecosystem and we are excited to be backing the new team incorporating FHE technology to deliver privacy and various UX upgrades for users,” Big Brain Holdings said in a tweet following the announcement.
Woodstock Fund said: “$TREAT fits the narrative of building infra on top of a loyal community, flipping the usual narrative of building tech to attract a community.”
So when will TREAT be released? Well, Shib still has some secrets up its sleeve, which it will announce when the time is ripe. For now, this is what Kusama said: “We have a variety of partners in the pipeline that we will announce as we move forward to the end of this year.” He added that $TREAT would hit the public market this year. Stay tuned!
If you are a Shib Army, all this is super-exciting. But remember, the scammers are excited too. There are already some scam TREAT tokens trading on certain exchanges. Those are not, repeat, not the real $TREAT tokens. Shib will announce through its official channels when TREAT is ready to roll out. Don’t fall for the FOMO!
This is the time to celebrate as the Shiba Inu team prepares to deliver on its promise on realizing Ryoshi’s vision. (You can read more about it elsewhere in this edition).
Crossing the Crypto Chasm: Why Bridging to Shibarium Is Your Ticket to Tomorrow
In this insightful interview with Shibarium Tech admin Davinci, dive deep into the importance of bridging to Shibarium.
By Yona Gushiken
This is 2024, and amid the turmoil of a world grappling with the aftermath of a devastating pandemic and ongoing geopolitical tensions emerges a beacon of hope in the form of blockchain innovation. This narrative is exemplified by the remarkable strides made by Shiba Inu, a cryptocurrency project that has captured global attention with its groundbreaking advancements and unwavering commitment to progress.
The pivotal moment arrived last year with the introduction of Shibarium, Shiba Inu's layer-2 scalability solution. This innovative platform ushered in a new era of possibilities, offering enhanced security, reduced transaction fees, expedited processing times, and a diverse array of decentralized applications (dApps). Despite already boasting a substantial user base of nearly 1.8 million active users and facilitating over 400 million transactions, the Shiba Inu team remains resolute in its mission to expand its reach in a rapidly evolving and increasingly competitive market landscape.
#BridgeToShibarium: The Token Bridge
A few months ago, Shibarium unveiled the Token Bridge, a vital infrastructure component facilitating secure and seamless token transfers between the Ethereum and Shibarium blockchain. This technological marvel empowers users to leverage the scalability, affordability, and speed of the Shibarium network while maintaining connectivity to the broader Ethereum ecosystem.
Beyond its functional benefits, the Token Bridge employs state-of-the-art cryptographic techniques to ensure the utmost security in transactions, instilling confidence in users as they navigate the digital landscape.
The campaign "#BridgeToShibarium" emerged as a rallying cry, aiming to facilitate the transfer of digital assets from the Ethereum network to Shibarium, enabling more efficient and cost-effective interactions within the Shiba Inu ecosystem.
Bridging to Shibarium enables users to interact with dApps and services more efficiently and cost-effectively, fostering a more seamless and immersive experience within the ecosystem.
The significance of bridging to Shibarium extends beyond mere convenience; it embodies a paradigm shift towards a more secure, efficient, and user-centric blockchain experience. With enhanced privacy and anonymity features, Shibarium safeguards financial assets within a trusted ecosystem, empowering users to explore new opportunities with confidence.
Guardians Of Shibarium
Central to the #BridgeToShibarium movement are the devoted individuals who act as the custodians of the Shiba Inu community. At the core of this unfolding saga resides Davinci, the enigmatic administrator and steward of Shibarium Tech, assuming his mantle in February of the preceding year.
In explaining his crucial role, he articulated, "I’m taking care of community safety warnings and striving to maintain the smooth operation of our social platforms. The bridge for Layer 2 is a very important part of our daily lives. As a team, we oversee the smooth process and gather community feedback, aiming to provide the best information possible," he shared with The Shib.
Davinci also shed light on the challenges faced by the community, including the proliferation of fear, uncertainty, and doubt (FUD) propagated by detractors. Despite these obstacles, the steward, firm and decisive, remains steadfast in his resolve.
"Fudders are part of this game. Last year, we went through a massive fight with individuals who tried to seriously damage the whole ecosystem because they didn’t succeed in taking it over. But right now, it's mostly impatient people who sold or who are over-invested. As long as people are not dangerous to society, we try to be tolerant. However, death threats, bullies, and stalkers are cases for serious police reports," he said.
In response to the question about the toll of relentless attacks on his well-being, Davinci disclosed his strategy of deliberate detachment from the online realm, ensuring personal immunity from external influences. When prompted for a message to both the community and the wider cryptocurrency sphere, Davinci imparted sagacious counsel: "Invest responsibly. Don't corner yourself by investing more than you can afford. Stay away from questionable personalities because today they target others, next time it could be you. Try to stay informed to avoid falling victim."
Why Choose to Bridge to Shibarium?
In a momentous turn of events earlier this week, the Shiba Inu Development team, under the leadership of its pseudonymous lead developer, Shytoshi Kusama, made waves with an unexpected announcement following their participation at the esteemed Token2049 event in Dubai. This revelation not only captured the attention of the cryptocurrency sphere but also reverberated within the traditional finance industry.
After months of unwavering dedication and relentless effort, the team achieved a significant milestone by securing approximately $12 million in funding. This substantial investment is earmarked for the development of Shiba Inu's Layer 3 blockchain—a monumental endeavor poised to redefine the landscape of crypto and blockchain.
At the crux of the Layer 3 blockchain's architecture is its highly adaptable and customizable nature, meticulously tailored to cater to the diverse and evolving needs of users. This flexibility not only ensures seamless integration with existing infrastructures but also paves the way for future advancements and scalability.
An integral component of this transformative ecosystem is the introduction of the TREAT token—a dual-purpose utility and governance token designed to underpin the privacy-focused ethos of the Layer 3 blockchain. By empowering users with greater control and autonomy over their digital assets, the TREAT token embodies a commitment to fostering a secure and decentralized ecosystem.
The Path Forward
Critics may question the path ahead, but Shiba Inu's unwavering commitment to innovation and progress sets it apart. With the introduction of the TREAT token and fully-homomorphic encryption of the L3 privacy chain with its partner Zama, Shiba Inu is poised to lead the charge towards a more inclusive and transformative blockchain ecosystem.
As the Shiba ecosystem forges ahead, fueled by a shared vision of a better world, its impact transcends borders and boundaries. With a war chest brimming with potential and a community united in purpose, Shiba Inu stands as a testament to the power of innovation and collective action.
In this ever-changing landscape, one thing remains certain: the journey towards a better world has only just begun.
Realizing Ryoshi’s Vision: An Analysis of Shib’s Profound Journey Towards Decentralization
This comparative analysis explores Ryoshi's vision for a decentralized ecosystem and how this vision turned a meme into a movement.
By Malaya Ruiz
“We believe through the power of collective decentralization we can build something stronger than a centralized team ever could create.” – Ryoshi, 2020
The genesis of Shiba Inu can be traced back to Ryoshi, the mysterious creator of the token who set forth a pioneering vision for what was later—still is—dubbed the “Doge Killer” in the crypto world. Unlike any other token with similar humble beginnings that wanted to make a staggering impact on the crypto space, Shiba Inu maintained its status and popularity through the continued engagement of its solid and loyal community, strategic partnerships, and true-blue doggedness (no pun intended) that made it stand out among other meme-based tokens. Was this all part of Ryoshi’s plan? Let’s take a trip down memory lane and find out.
As most of you might know, before bidding goodbye to the crypto community and leaving social media, Ryoshi outlined far-reaching goals for the token and its ecosystem. In this article, we will delve into these and evaluate how closely the current developments align with Ryoshi’s original vision for a decentralized network. Let’s deconstruct the layers that transformed SHIB, turning it from a meme into a movement.
An Experiment in Decentralization
Ryoshi’s vision for Shiba Inu can be summarized as the creation of a decentralized ecosystem that empowers individuals to take control of their financial destinies. At the core of this vision is the belief that financial systems should be accessible to everyone, regardless of their background or financial status. Ryoshi envisioned a community-driven project that fosters collaboration and innovation, with a strong focus on creating value for its users.
Ryoshi wanted users to have a decentralized token that would become a beloved and widely-used crypto asset. He wanted to bring exposure to the Shiba Inu breed and showcase the loyalty and friendliness associated with the dog, while also providing a secure and innovative platform for users to trade and interact with the token. Ultimately, he hoped that Shiba Inu would become a household name in the greater crypto community and reshape the way people think about digital assets.
The enigma of Ryoshi’s being has captured many people’s attention even though Ryoshi didn’t leave so much as a clue as to who they were, saying that if anybody were to find out about them, it would be “underwhelming”. Other than the roadmap he left with Shytoshi Kusama, the pseudonymous visionary initiator who’s leading the charge in realizing Ryoshi’s prospects, nothing more is known about the Shiba Inu founder’s identity.
“Ryoshi is the greatest mystery in DeFi.” – Overlords, Medium.com
Shib: The Journey of a Decentralized Community
Shib emerged as a result of the community’s need for a system crafted for decentralization, enabling it to flourish and follow in the footsteps of its predecessors. The Shib Paper states, “As we establish ourselves within this new paradigm of community, we anticipate its impeccable design will draw attention. Thus, we stand on the precipice of becoming one of the largest, most diverse, and most powerful communities on the globe.” And draw attention it did.
Strategic Partnerships: Building Together to Create an Impact
“Shiba is Shiba. The only way someone is involved is if they claim Shiba. And if so then they are that.” – Ryoshi, 2021
Shib has made impressive headway in making Ryoshi's dream of decentralization a reality by actively seeking partnerships with leading projects, industries, and brands worldwide to grow its diverse community across the globe. In line with Ryoshi's aspirations, Shib has become an anchor for innovation by partnering and co-marketing with several top-of-the-line tech service providers that are also working toward decentralization in some way.
Some examples of these partnerships include ZAMA, an innovative open-source cryptography company specializing in fully homomorphic encryption (FHE); D3, an identity service working with SHIB to secure a .shib TLD through ICANN in the upcoming application window; and K9 Finance, a liquid staking derivative platform on Shibarium that serves as the building blocks of DeFi within the network. Through such collaborations, the core team at Shib is striving to create a more decentralized ecosystem that promotes inclusivity, innovation, and financial sovereignty for its community.
A Decentralized Ecosystem: Synergizing SHIB Components and Systems
Since Shib’s inception, the developers have gradually developed and continue to build products that represent the core of decentralization. One of Ryoshi’s articles detailed specific goals that served as the starting point for the dev team’s work. This includes Shibarium, which Ryoshi wrote about in May 2021. It was officially launched in August 2023 at ETHToronto where Shib was one of the sponsors of the event.
Another important note from one of Ryoshi’s final messages is about the core ecosystem tokens SHIB, LEASH, BONE, TREAT, and SHI. As part of Shib’s journey toward a decentralized future, all these tokens—the existing ones and those that are still in development—are projected to offer improved functionality and enable the community to conveniently access products and services within the ecosystem.
Self-sovereign identity is another crucial aspect of a decentralized ecosystem, something that Shib is actively pursuing with initiatives like a name service through D3 (as mentioned above) under its Shibdentity umbrella. There’s also the Doggy DAO which powers community voting, transparency, and stewardship, which enables the community to make decisions and be accountable for the decisions being made. There is also, of course, Shibaswap, which Ryoshi referred to as a “fully decentralized endeavor” that they have entrusted to the dev team.
Having a thriving financial ecosystem on Shibarium also means making way for products, systems, and projects that the community can enjoy and benefit from in the long term. These include Shib: The Metaverse, Shiba Eternity, Shiboshis and SHEboshis, The Shib magazine, and The Shib Daily, just to name a few. There are numerous projects, NFTs or otherwise, now building on Shibarium—a true testament to what Ryoshi said: “If you wish to help the project you certainly can and work with us to find a way to make your efforts the most valuable.”
“The Shiba ecosystem shall flourish a thousand blossoms — creating global means of finance, community and abundance for all.” – Ryoshi, 2021
Shib Army: The Epitome of an Autonomous, Decentralized Community
Just recently—before, during, and after the Bitcoin halving event—the Shib Army came together in unwavering solidarity by sharing and recalling to memory a very important message Ryoshi left behind. It is a reminder of the purpose of every single Ryoshi in the world (we all are Ryoshi, remember?).
The Shib Army's dedication to pioneering the development of effective processes and systems is setting the stage for the culmination of the Shib Network State. As a strong, powerful community carrying a brand that transcends crypto and blockchain, the Shib Army can collectively build the decentralized future that Ryoshi envisioned—one for which we are all responsible.
“The end result of this is that you are responsible… I give you this end vision. now build towards it.” – Ryoshi, 2021
Discover the Vibrant World of Shibarium with Its Active Projects
Discover how pioneering projects on Shibarium are navigating challenges, inspiring individuals, and innovating DeFi, Web3, and more.
By Violet Vallaya
Shibarium has emerged as a powerful platform for innovation within the blockchain space. The layer-2 solution is breathing new life into the Shiba Inu ecosystem, and a group of pioneering projects is leading the charge.
These projects, including TFW (Tutti Frutti Women), Lumibots, WoofSwap, and Mantra, are not just creating applications, but an entire ecosystem that has the potential to redefine the future of decentralized networks.
Each project, embedded within Shibarium's sophisticated architecture, offers a unique contribution. From transforming decentralized finance (DeFi) to revolutionizing interactions in Web3, these initiatives are more than just code; they are vibrant communities built on collaboration.
Founders, developers, and users come together to push the boundaries of what blockchain technology can achieve.
We will delve into their ongoing endeavors and gain exclusive insights from project founders through interviews. These stories will showcase how these leaders navigate challenges, inspire their teams, and find the motivation to innovate in a constantly evolving digital landscape.
Project Spotlights:
WoofSwap
WoofSwap, a community-driven decentralized exchange (DEX) on the Shibarium network, has emerged as a vital hub for DeFi liquidity. Operating akin to Ve33 Finance, WoofSwap leverages Shibarium’s scalability to facilitate seamless token creation and burning processes, enhancing utility and liquidity within the ecosystem.
Spearheaded by Woof, the platform introduced the $DAMN token in March.
The introduction of $DAMN has notably boosted Shibarium’s TVL, illustrating the tangible impact of active projects on the ecosystem’s development and prominence among the crypto community.
This dynamic duo of WoofSwap and $DAMN signifies the community’s dedication to innovation in decentralized finance, showcasing Shibarium’s potential to reshape the future of finance within the crypto landscape.
Its founder Woof offers insights into a launchpad for new tokens and weekly X Spaces discussions.
- Launchpad: This platform aims to allow users to create and launch new tokens. It utilizes the $PIKA token and offers features like fair launches and a meme coin launchpad.
- Auto-Burning Mechanism: Similar to how WOOF's $DAMN token burns $BONE, the launchpad offers the ability to create tokens with built-in burning mechanisms for various tokens within the Shibarium ecosystem.
Woof told The Shib that users will be able to remove funds before the mint is complete.
We also asked him if a mint can be canceled by the creator and if the cancellation occurs, will funds be automatically returned to users?
"NO, once the deployment is completed, it has nothing to do with the deployer and cannot be canceled by anyone. Before the minting is completed, anyone can refund (send A token to the A token contract address)," said Woof.
When questioned about whether the Swap Fee is the technical term for “Auto-Burn” and if all Minted Tokens are still set to a .2% Fee, he elaborated, "Swap fee is the fee Woofswap uses to charge liquidity providers. I don’t know if it is a professional term, but it means this 0.2% is fixed and applies to all trading pairs on Woofswap, and also applies to tokens on Launchpad."
Not just this, Woof says his experience with Shibarium is all positive. "The gas fee is very cheap and the speed is very fast. It's perfect for meme coins and NFTs."
LumiBots
LumiBots, another project on Shibarium, showcases a strong focus on community engagement.
The pioneering robot NFT collection exclusive to Shibarium stands as a testament to innovation within the ecosystem. Firmly rooted in Shibarium, LumiBots remains committed to its home blockchain, with no plans for expansion to other chains.
Since its inception in the summer of 2023, the collection has burgeoned to over 10,000 pieces, reflecting the dedication and creativity of its creators.
In addition to the NFT collection, LumiBots offers the LUMI and LUMS SRC-20 inscription tokens, both available on the Shibarium platform WoofSwap. This integration underscores LumiBots’ commitment to providing comprehensive utility within the Shibarium ecosystem.
Here are some latest highlights from its founder Clifford:
- Social Media Verification: LumiBots has secured verification for their Twitter account, demonstrating a commitment to transparency and legitimacy.
- KYC (Know Your Customer) Compliance: They are undergoing KYC processes through XGuard and NestX, further building trust within the community.
- Active Giveaways: LumiBots is actively engaging its audience through giveaways featuring tokens and NFTs.
Clifford, the founder of LumiBots, recently acquired the "blue check mark" and initiated KYC processes. We discussed how these efforts contribute to LumiBots' credibility and market positioning, especially considering the recent token swap to "LumiBots Of Shibarium."
Clifford explains, "My goal is to provide the community with a sense of security and peace of mind. Earning the blue check mark and completing KYC demonstrates that LumiBots is a serious project committed to building within Shibarium."
We also inquired about the rationale behind the tokenomics adjustments from the previous LUMI ERC-50 token to the recently launched "LumiBots Of Shibarium" token. Clifford clarifies, "The ERC-50 token and the redeployment of 'LUMI' – this I did because for the token to be minted completely it would have taken 5 million Bone which I felt would be far too much for us to raise. More than likely, we wouldn’t have raised that much to complete the mint so a redeployment was necessary."
"As for aligning with our long term goals, launching an ERC-50 token was never part of the original plan, however as new standards and developments increase and are introduced into the space, I feel it is important for LumiBots to be involved in supporting and fostering the adoption of things within Shibarium with hopes that at the very least we can contribute to Bone used for gas fees which in return contributes towards SHIB burns."
Clifford also shared his experience using Shibarium, "My experience using the Shibarium chain – it has been overwhelmingly positive.
"On-chain downtime is very limited. I don’t know the exact number but if I had to guess, I would say that the uptime is probably around 98 or 99% which in itself is incredibly reliable."
Tutti Frutti Women
TFW (Tutti Frutti Women) exemplifies how Shibarium projects can leverage blockchain for social good.
TFW advocates for cancer warriors with a powerful message conveyed through NFTs: warriors are bold, brave, and beautiful. Since its establishment in 2022, it has remained steadfast in supporting cancer warriors and raising awareness about the disease.
TFW's accomplishments extend beyond the digital realm, with real-world initiatives like distributing an exclusive NFT collection to early supporters and organizing weekly cancer awareness campaigns and newsletters. These efforts foster crucial conversations and initiatives within the community, amplifying TFW's impact and outreach.
Participation in events like Shiba Fest, the upcoming feature at NFT.NYC, and appearances on Times Square further magnify TFW's message, reaching a broader audience and solidifying its position as a catalyst for change.
Here's a look at some of their initiatives, as shared by its creator Andreia:
- LEASH Giveaways: TFW incentivizes mints with LEASH token giveaways.
- SHIB Burns and BONE Giveaways: They conduct regular SHIB burns based on a percentage of proceeds and reward holders with BONE tokens.
- Staking Functionality: TFW plans to enable staking for their NFTs in the future.
- Cancer Awareness Initiatives: TFW leverages Web3 platforms to raise awareness about cancer through informative newsletters.
- TCW Charity Token: They recently launched a $TCW token on the PIKA Launchpad, with proceeds directed towards their non-profit organization.
We spoke with Andreia about the impressive milestones reached with TFW, including the recent Leash giveaway and nearing the targets for Bone and SHIB Dream NFT giveaways. Andreia enthusiastically responds, "Oh, absolutely! It's fruity and exciting, and my heart is overflowing with gratitude for every TFW NFT mint. Witnessing these beautiful warriors being cherished by such awesome people is a double win."
We then asked about the launch of the $TCW token on the PIKA Launchpad. Andreia offers insights: "To me, the new ERC-50 is like a breath of fresh air in the crypto space! It's nice to see so many communities embracing this new protocol and launching their tokens through the PIKA Launchpad on Shibarium.
"The idea for $TCW is it is both an experiment and a passion project. I wanted to create something that would not only raise awareness for our non-profit organization and its mission but also contribute to the growth of Shibarium and enhance the value of the $BONE token."
Andreia continues, "Now, as for any potential financial benefits, well, who knows, right? But whatever funds we do raise will go straight to Tutti Cancer Warriors, our non-profit organization, which we're currently in the process of legally registering. It's a labor of love, really, and the community is at the heart of it all."
Andreia concludes by sharing her experience with Shibarium: "My journey with Shibarium has been fantastic so far! It's become our cozy home in the crypto world, especially with such an amazing community backing everyone up.”
Mantra
Mantra, a prominent player in the Shibarium ecosystem, launched its NFT marketplace on August 28, 2023. This dynamic platform has quickly become the central hub for NFT activity within Shibarium.
Initially envisioned on a founder's laptop, Mantra has grown into the core of Shibarium's NFT scene, facilitating over 500,000 transactions and amassing a trading volume exceeding 650,000 BONE.
Mantra goes beyond just being a marketplace. It positions itself as a continuously developing protocol. The feature-rich platform offers a user-friendly experience with functionalities like browsing, filtering, sorting, and integrated royalties.
We asked Mortinp, the founder of Mantra, about his experience with Shibarium.
"Operating within the Shibarium ecosystem since its inception, Mantra has embarked on an extraordinary journey of learning and growth. As the largest chain in which Mantra operates and the premier NFT marketplace, Shibarium has not only brought financial benefits but has also served as a catalyst for innovation and progress," Mortinp told The Shib.
"Shibarium's L2 blockchain solution has empowered Mantra to unleash a plethora of new features for its NFT protocol while fortifying its core systems infrastructure. This strategic positioning has propelled Mantra several steps ahead in the execution of its roadmap, setting the stage for groundbreaking advancements in the NFT space," he added.
Mantra is constructing the liquidity layer for the Shibarium NFT ecosystem, enabling a hyper-economy and diverse financial services. Through lending, NFT holders can access instant loans using their assets as collateral. However, Mantra aims beyond lending, envisioning an NFT Liquidity Protocol with various services. Incentivized pools, NFT ATM, Options underwriting, and more will boost liquidity. Additionally, services like lending and debt refinancing will enhance liquidity utilization, cementing Mantra as the hub for NFT liquidity in Shibarium.
A Call to Action: Inspiration and Collaboration
The stories of these projects illuminate the power of teamwork and innovation within Shibarium. By showcasing their achievements, we hope to inspire the entire Shibarium community.
We also reached out to other projects, but they were too engrossed in developing remarkable innovations on Shibarium.
Through collaboration and a shared vision, Shibarium has the potential to become a breeding ground for groundbreaking ideas that redefine the future of decentralized technologies.
PixelPalz Ignites Innovation in Shibarium Through Strategic Collaboration
PixelPalz represents a fusion of art and technology, bringing innovation and community support to Shibarium.
By Yona Gushiken
PixelPalz has ignited a wave of transformation within the Shibarium ecosystem through a meticulously crafted collaboration in a groundbreaking move that epitomizes innovation and strategic foresight. This meticulously crafted partnership not only heralds a new era of possibilities but also underscores PixelPalz's commitment to pushing the boundaries of technological advancement and community empowerment within Shibarium.
Shibarium's Evolution
The layer-2 scalability solution of the growing ecosystem of Shiba Inu recently dropped a notable update that introduced a new IU, facilitating speed and improved overall user experience. Moreover, it expanded wallets' compatibility feature with MetaMask, Coinbase Wallet, Rainbow, Trust Wallet and Wallet Connect, allowing users to connect the way they want.
Shibarium stands as a vibrant hub of creativity and technological advancement, housing a multitude of active projects dedicated to pushing the boundaries of what was possible within the Shiba Inu ecosystem. These projects, fueled by ingenuity and a shared vision for growth, continually introduced new initiatives to bolster Shibarium's capabilities.
What's New with PixelPalz
PixelPalz, a collection of 10,000 intricately designed Anime-styled NFTs, embodied the spirit of creativity and community empowerment. Launched with a vision to support Shibarium's L2 blockchain, PixelPalz incentivized holders with a share of investment funds generated from NFT sales, fostering a symbiotic relationship between artistry and technological innovation.
Beyond its artistic appeal, PixelPalz served as a governance token within the PixelPalz DAO, enabling holders to participate in decision-making processes that shaped the project's trajectory. This democratic approach ensured transparency and fairness, reflecting Shibarium's ethos of decentralized governance.
But that's not the entire story of the project. This week, PixelPalz announced its partnership with Collab.Land, marking a significant milestone in Shibarium's journey. Collab.Land is a community management tool that supports a wide range of projects, including DAOs, NFT communities, $Tokens, brands, and creators of all sizes.
What's Good About This?
The collaboration's advantages extend far beyond exposure, as SKIPPY, the XGuard KYC-approved pseudonymous founder of PixelPalz, highlighted to The Shib: "The collaboration not only exposes the PixelPalz collection to 33 chains and 8 million users but also potentially attracts them to Shibarium. Furthermore, it introduces the utility of Collab.Land's token-gating features to Shibarium communities, enhancing their functionality and engagement."
By integrating Collab.Land's token-gating mechanisms into Shibarium, PixelPalz aimed to democratize access while fostering community engagement. This collaboration will facilitate marketing outreach as well as help enrich the user experience by offering a seamless blend of utility and innovation.
The synergistic alliance brought forth a myriad of advantages for Shibarium and its diverse communities. Through token-gated channels, users could unlock exclusive content and participate in governance processes, enhancing the overall ecosystem's functionality and inclusivity.
SKIPPY shed light on the rationale behind the partnership with Collab.Land, emphasizing the challenges post-launch and the strategic approach adopted: "After launching a collection, the most challenging aspect is marketing. Our strategy to reach millions of people involves partnering with a marketing entity possessing extensive reach. Additionally, we aimed for this collaboration to benefit all Shibarium communities in some capacity."
In a recent statement, Anjali Young, Co-founder and Chief Community Officer of Collab.Land expressed enthusiasm for the impending integration of the Shibarium blockchain into their platform. Young highlighted the significance of this move, noting that Shibarium will become the latest addition to Collab.Land's extensive network of 34 blockchains.
"Collab.Land is excited to be onboarding the Shibarium blockchain in the coming weeks; it will be joining our robust network of 34 blockchains. This initiative, sponsored by PixelPalz, marks the first time an individual project takes the lead for a blockchain integration that will benefit everyone. We are proud and excited to be supporting Shibarium and watching its communities flourish," Collab.Land's co-founder and COO said in a statement sent to The Shib.
PixelPalz's proactive approach extends beyond collaboration to sponsorship, as revealed by SKIPPY: "While Collab.Land currently doesn't support Shibarium, PixelPalz Treasury has sponsored the integration to benefit all Shibarium communities with Collab.Land features."
In return, Collab.Land reciprocates with a marketing fund and extensive promotional support: "Collab.Land graciously converts this investment into a marketing fund, featuring and back-linking to PixelPalz across Collab.Land's platforms. This strategic move ensures pre-planned and prepaid marketing initiatives for PixelPalz within Shibarium's ecosystem."
SKIPPY provided a timeline for this latest initiative, stating, "We aim for a rapid rollout, aided by Collab.Land's marketing support, scheduled to commence in May."
Transparency and Shibarium Support
"Launched in February 2024, the collection is strategically designed to bolster the Shibarium L2 blockchain and provide support to up to 6 projects established on the chain. Holders of these NFTs are rewarded with a share of the investment fund generated from the NFTs' sale, fostering a symbiotic relationship between the collection and Shibarium's ecosystem," the pseudonymous founder elaborated.
He also outlined the meticulous allocation of funds within PixelPalz's strategic framework: "80% of the funds are allocated to Shibarium projects, amounting to 26.7K $Bone for each project, ensuring substantial support and investment in their growth."
He added, "A sample PixelPalz ETF NFT directs 10% of the funds to the team for ensuring the project's success, totaling 20K $Bone. Another 10% is allocated to the artist and other essential expenses, amounting to 20K $Bone, reflecting PixelPalz's commitment to artistic integrity and operational efficiency."
SKIPPY's forward-looking vision for PixelPalz's support of Shibarium is encapsulated in these statements: "We anticipate launching a new collection annually, dedicated to investing in and bolstering Shibarium projects, showcasing our ongoing commitment to the ecosystem's growth."
He further said, "The transactions conducted in $Bone also contribute to $Shib burning, alongside a percentage of $Bone transaction fees, further enhancing the sustainability and value proposition of both currencies within Shibarium."
Sharing his journey with Shibarium, Skippy shared that it has been positive, noting that "Everyone within the ecosystem has been supportive and collaborative, akin to a Shibarium family where projects rally together to bolster each other's success."
What the Future Holds
"PixelPalz's strategy involves 10 phases, starting with Phase 1 where we pre-pay our marketing partner and initiate investments in projects. Phase 1 is now complete! Subsequent phases will solely allocate funds to projects, with Phase 2 marking our recent transition into this focused investment phase," SKIPPY shared, explaining his vision for the NFT project.
Expressing optimism regarding the growth trajectory of PixelPalz and its associated fund, the founder explained, "We anticipate an increase in the value of PixelPalz and the fund over time, driven by the rising price of $Bone and the expansion of early Shibarium adopting projects. Our efficient minting process allows for quicker investments in projects, accelerating fund growth. Note that this statement does not constitute financial advice."
Moreover, SKIPPY highlighted PixelPalz's ambitious fundraising target and its significant impact on Shibarium projects, "Our target is to raise 160,949 x $Bone, ensuring a substantial minimum investment of 26,000 x $Bone into each project. This sizeable investment serves as a major boost for the projects within the Shibarium ecosystem, reinforcing our commitment to their success."
As PixelPalz embarks on its journey, supported by a passionate community and strategic collaborations, the future holds promise for continued growth and impact within the Shibarium ecosystem. Through ongoing investments and partnerships, this NFT project sets a precedent for sustainable development and community-driven initiatives.
Hey, Shib Army!
First off, how are you after the Bitcoin halving? More importantly, how do you feel about Shib’s ginormous victories this week?? We can’t wait to unlock the future with you all. WAGMI.
1. Shib’s Successful Fundraising Initiative – One Step Closer to L3
The community is ecstatic about Shib having raised $12 million to support its goal of achieving hyper-scalability. Props to the generous circle of investors, and cheers to Shib Army! L3, here we come.
2. G for Grow in LFG! Mint Shiba Sequoia Forest LADS NFTs
The LADS NFT Collection by Shiba Sequoia Forest has come to Shibarium. Now minting on Shib CoOp, this collection is a melting pot of talent, creativity, and Shiba love. A bigger Shiba Fest this year is probably inevitable, no?
3. Shibarium Madness Tournament Final Result: The Winner is ShiBulls!
Well, that was quite a competition. The champion of Shibarium Madness 2024 is ShiBulls, and it’s probably because they’re always BULLish. Congrats for the win and for all the $BAD that was torched!
4. Game Masters, Have a Look at Shiba Eternity 1.2.6
It wasn’t even a couple weeks and Shiba Eternity has another update. We also heard there might be more coming, shhh… Say hello to Shiba Eternity 1.2.6. Like literally NO ONE said, see you in the Dogjo!
5. Weekend at SleepyShibs: NFT Prizes Await
Look at what you can win when you join the SleepyShibs weekend community games. If luck is your middle name, you might as well be present when they spin the wheel. Of course, make sure your name is ON the wheel like this guy's is! 👇🏼
Which #Shibarium projects would you like to see next in The Shib?
Tell us on Twitter using #TheShib hashtag or in a thread at @shibtoken.
If you have any stories, initiatives, and/or projects that you deem newsworthy for the whole community or if you have pieces of advice for us to make this magazine a worldwide reference, take advantage of this opportunity.
Send us an email explaining everything at submissions@shib.io.
P.S. You can also share your favorite memes with your own customized comment/reaction comment (we will credit your Twitter or SNS).
Advertise with Us
Anyone interested in expanding their reach can benefit from this exciting feature of the magazine. We offer comprehensive marketing packages! This includes the opportunity to be featured on the front page, giving your project maximum visibility. We also offer ad space for those looking to be seen by a vast and varied audience on our platform. If you are interested in finding out more about our packages, shoot us an email at ads@shib.io.
For partnership / Ads & Community spotlight: https://www.shib.io/contactus
