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March 3, 2023

Flurry of Interest Rocks Shiba Inu Ecosystem As Thousands Apply for Shibarium

By Daily Hodl Staff

A new portal designed to serve as a hub for developers, entrepreneurs and community members interested in joining the Shiba Inu (SHIB) ecosystem is witnessing a crush of interest.

The ‘Join Shibarium’ portal launched on Sunday, inviting anyone interested in Shiba Inu’s layer-2 blockchain to apply and get in touch.

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Pseudonymous Shibarium lead developer Shytoshi Kusama says the platform has already received thousands of responses. He gave the update on the portal’s progress to top Shiba Inu influencer LucieSHIB.

Specifically, the portal invites anyone who wants to build on Web3, bring their business to Shibarium, become a validator, work with Shiba Inu or create content to reach out.

Shibarium is a layer-2 protocol similar to Polygon (MATIC).

It will allow developers to launch highly scalable applications and will spawn a new ecosystem of custom tokens that can be traded using Bone ShibaSwap (BONE) to pay for gas.

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BONE has seen increasing adoption among crypto exchanges as Shibarium’s launch looms, with recent additions to Gate.io and Crypto.com.

Shibarium’s official launch date is unknown, although a beta version is expected to launch as early as this week.

SHIB is trading at $0.00001135 at time of publishing, down 5.6% in the last 24 hours.

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