$SHIB Inu Lead Developer on SHIB Burns: Purpose, Impact, and Community Debate
Shytoshi Kusama clarified that Shiba Inu’s success depends on its ecosystem and partnerships, not just token burns.
The Shibarium blockchain has contributed to burns but is part of a broader strategy to expand the token’s use cases.
Shytoshi Kusama, the pseudonymous CEO of the Shiba Inu (SHIB) token, addressed the community’s confusion about token burning. Kusama emphasized that the success of the token should not only be based on burns but on the whole ecosystem.
The conversation started after the second burn campaign of the 1 Cent Dream project that led to the burning of 250 million SHIB tokens. While some applauded the initiative, others complained that there were no big burns from the development team.