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Shiba Inu Announces Developer Feature and New $TREAT Token
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Shiba Inu introduced the WHY Combinator program and the new TREAT token. In addition to announcing the expansion of the BONE token’s uses, demystifying rumors about its discontinuation. With more than 30 tools under development, the initiative aims to boost projects in the ecosystempromoting innovations in artificial intelligence, Web3 games, Metaverse, decentralized identity and more.
Currently the second largest memecoin on the market, Shiba continues its quest to provide real utility to programs created within the ecosystem. After announcing the launch of the ecosystem’s Metaverse, Shiba Inu project leader, Shytoshi Kusawa, released more news for the community. Through an article on the official Shib Inu blog, Shytoshi presented the Why Combinator and the new TREAT Token.
According to the announcement, Why Combinator is a decentralized program designed to “find, encourage and train projects” and startups developed on the network and that are useful in the real world.
The program is part of a collection of more than 30 tools being developed by the Shiba Inu team. The projects, which include initiatives in artificial intelligence, Web3 games, decentralized identity and Metaverse, were grouped under the name “36 Chambers of Technology”.
‘WHY’ project validator
Each of these projects will receive the “Powered by Shib”, a reference to programs developed by large technology companies for their users, such as Google programs (‘Powered By Google’).
With support for the ecosystem’s layer 2 network, WHY Combinator will also have its own token, the TREAT, acronym for Transactional Rewards for Engagement & Access Token. In literal translation, Transactional Rewards for Engagement and Access Token.
THE The new token will provide liquidity for projects on the WHY Combinator network. Additionally, Treat will keep the community engaged around the selected projects. From weekly drops, engaged users will receive Treat tokens.
The new token will be traded on several exchanges, such as Bitget, Gate, Kucoin, MEXC and Aura.
Additionally, Sytoshi made a point of highlighting that Shiba Inu developers are focused on expand the usefulness of the BONE token. Currently used as a gas token on the Shibarium network, the team is exploring new features for BONE, especially in relation to the new layer 3 networkstill in development, allaying community fear surrounding rumors that the token will be discontinued.
Shiba Inu Announces Developer Feature and New $TREAT Token
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Shiba Inu Announces Developer Feature and New $TREAT Token
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Shiba Inu Announces Developer Feature and New $TREAT Token