Shytoshi Kusama, developer of Shiba Inu ($SHIB), presented the “WHY Combinator”, a decentralized technology stack that helps projects in the coin industry answer a simple question.
“Why does this project exist?
Now the WHY Combinator will guide all businesses in the Shiba Inu community, a move that bodes well for tokens with true utility like Solaxy, the token behind a new Solana 2 layer.
Why do we need the WHY combiner?
Shytoshi doesn’t want $SHIB and other future projects to be seen as just another useless coin. The founder quickly understood the need for a piece even to have a aim – something to orient the token, inspire its community and make it stand out.
Already the second largest meme community, Shiba Inu now wants to compete with titans like Ethereum, Solana and TON.
THE WHY Combinator could add to its credibility and help identify other projects that have a deeply rooted mission to deliver real value. These projects will in turn validate the functionality of the $SHIB “operating system”.
Why is “why” so important?
The launch of WHY Combinator does not mean that Team Shiba Inu will only support projects that promise to combat climate change, take humanity to Mars, or treat cancer.
There will always be projects that thrive purely on fun and hype. That said, having a clear “why” helps symbolic projects:
- Make strategic decisions
- Foster loyalty within the community
- Stay focused during bearish times
All of this should ultimately help projects within the ecosystem remain viable in the long term.
Why now?
Introducing the WHY Combinator now could simply be a natural progression of the ecosystem, or it could signal that Shibu Inu is gaining momentum ahead of the bull run.
Favorable regulations and institutional capital inflows will certainly continue to drive the growth of larger and more complex crypto ecosystems.
Perhaps Shiba Inu wants to demonstrate to his community that he is capable of creating applications that have an impact. And that its ecosystem deserves the attention of whale investors, just like the “boring” networks.
Why is Solaxy the future of Solana?
The battle between pure meme coins and utility tokens with memetic appeal has been going on for some time.
We are now seeing an interesting mix of the two among the the best coins, with $PEPE, $WIF and SPX in the first category and $SHIB, $PENGU, $FLOKI and $AI16Z in the second.
But for new coinshype alone doesn’t seem to get them so far. Tokens with a clearly defined “why” seem to have a greater chance of staying there for the long term.
New crypto meme projects achieving this utility include Solaxy ($SOLX) – the first Solana Layer-2.
Solaxy promises to scale Solana infinitely and reduce congestion by moving transactions to its proprietary chain. Greater scalability means lower fees, faster processing times, and a smoother overall experience.
On top of that, Solaxy connects Solana to Ethereum for seamless transfers between the two major coin blockchains.
Currently in pre-sale, Solaxy has raised $10 million in its first month. One $SOLX now costs $0.001598, but the price is expected to increase in four hours, so now is the best time to secure your share of discounted tokens.
The “Why” factor
The Shiba Inu’s focus on “why” might be the very reason for its current top dog status. Today, he’s using that “why” to set a new industry standard.
Solaxy is a new coin that aligns perfectly with this. Perhaps the fastest meme coin network ever created, it could unlock Solana’s true potential and attract significant investment. This could also be one of the new low cap coins to offer 10x gains to early investors.
However, the crypto market is volatile and the success of any project is not guaranteed. Always DYOR and only invest as much as you can afford to lose.