Shiba Inu lead developer Shytoshi Kusama announced the launch of WHY Combinator, a decentralized program aimed at fostering growth and innovation within the coin ecosystem.
This initiative aims to empower projects while improving the utility of the ecosystem’s BONE token.
Shiba Inu reveals WHY Combinator to boost the Meme Coin ecosystem
In a blog update on January 11, Kusama outlined the goals of the initiative and provided an overview of Recent developments in the Shiba Inu ecosystem. It revealed the creation of more than 30 technology tools, collectively known as the 36 Chambers of Tech, which focus on areas such as artificial intelligence, Web3 gaming and decentralized identity solutions.
According to Kusama, the WHY Combinator is designed to accelerate the adoption of Shiba Inu technologies. The program will support developers who exploit Shibarium, the network’s layer 2 blockchain, to build innovative projects. The overarching goal is to ensure that “Powered by Shib» as recognizable as other global technology brands.
“This stack can quickly and efficiently move anyone to Web3, making ‘Powered by Shib’ just as common as powered by Google. (Goals!) I named it the 36 “Rooms” of Technology”, Kusama wrote.
The TREATMENT tokenshort for Transactional Rewards for Engagement & Access Token, will be at the heart of this program. It will serve as a settlement token for WHY Combinator projects and drive community participation through weekly TreatDrops. These drops are designed to reward engagement and encourage activity within the ecosystem.
“This not only invites new users to try things like our metaverse, or have a Shiboshi (or SHEboshi for that matter), but it will also encourage new protocols, projects, and systems that are part of Why Combinator. It’s a real game changer when you combine it with the access it provides to our Shibizens,” Kusama said.
Shiba Inu developers are also working to expand BONE’s role within the network. Although it currently serves as a gas token for Shibarium, the team is exploring new features.
A proposed project consists of allowing the launch of Layer-3 (L3) solutions. These rollups would allow Shibarium to act as both a settlement layer and a data availability layer, similar to systems like Referee and optimism.
If successful, this upgrade would position Shibarium as a hub for interconnected “spoke” chains, leverage Chainlink’s cross-chain capabilities. This development aligns with the network’s goal to evolve its ecosystem and attract more developers.
Despite skepticism from some quarters, Kusama remains confident in Shibarium’s trajectory. He emphasized the team’s focus on innovation, rejecting attempts to undermine progress. Essentially, Shiba Inu aims to create a technologically advanced and scalable ecosystem that attracts developers and generates real-world use cases for its blockchain infrastructure.
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