Shytoshi Kusama, lead developer of Shiba Inu, confirmed that the Shiba Inu ecosystem is the title sponsor of the Blockchain Futurist Conference and official hackathons ETHToronto and ETHWomen, to be held August 13-17, 2023 in Toronto, Canada. According to the official blog post, Shytoshi Kusama will also speak at the conference on Shibarium's release date.

During the event, the Worldpaper of the Shiba Inu ecosystem will be exhibited, all Shiba Inu branded projects will be published, and Treat token details will be published in detail for the first time. Shytoshi Kusama also said that the team will also discuss and possibly release the long-awaited L2 Shibarium during the event. He noted that it coincides with SHIB's third anniversary and is also the birthplace of Ethereum.

As part of the Blockchain Futurist Conference, Shibarium will hold a hackathon that will last several months. Two booths will detail SHIB-themed products, platforms and services such as Shibarium and Shib the Metaverse, Shibacals, Shiba Eternity, Shiboshis and others.

“Our unique decentralized structure announced in the last Worldpaper, the hard work of thousands of decentralized Shib projects, and the power of the ShibArmy gives us a backbone like no other.”

Shiba Inu ekosistemi and DAO

Shiba Inu governs the community and Shibarium's BONE token will govern and support the technology. In addition, LEASH will strengthen community protection and privilege, while TREAT will manage and develop community projects.

The SHIB ecosystem will have the Doggy DAO and the SHIB DOGGY DAO FOUNDATION, which executes the DAO's decisions and holds the DAO's assets. Doggy DAO will completely control the ecosystem. Governance will be divided into four, one for each core token in the SHIB ecosystem, to ensure that members of the Shiba Inu community have an equal say.

Investors responded immediately to the announcement: SHIB price jumped over 1 percent from its 24-hour low and is currently trading at $0.00000757. The 24-hour low and high are $0.00000738 and $0.00000772 respectively.

Meanwhile, Shibarium's gas token, Bone ShibaSwap (BONE), is currently trading at $1.05. The 24-hour low and high are $1.03 and $1.06 respectively.

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