SHIB Inventor Made a Statement: Expected News Shared in Detail! - Coinleaks
Current Date:November 4, 2024

SHIB Inventor Made a Statement: Expected News Shared in Detail!

The Shiba Inu (SHIB) lead developer has shared more interesting details about Shiba Eternity. In this context, he said, 5% of the profits of the game will be burned.

The team will use the Shiba Eternity for the burning mechanism

The team behind SHIB has released more exciting details about the upcoming Play-to-Earn (P2E) game. cryptocoin.com We have reported on the launch of Shiba Inu’s P2E game in Australia. After that, the team behind the project continues to share more details about the game.

The lead developer made an announcement on Shytoshi Kusama’s official Shiba Inu channel. Accordingly, the team plans to give back to the SHIB community through various projects, including Shiba Eternity.

The process of giving back to the community through Shiba Eternity will work as follows. The team will allocate 5% of the profits from the game to burn the local cryptocurrency SHIB.

In particular, the community has a very important role to play in helping to burn more SHIB tokens. This incentive will make it easier for the community to burn. According to Kusama, the team still has some work to do before putting the game on the top-ranked games list of various app stores. Accordingly, the community needs to download Shiba Eternity as many as their number first. Shytoshi Kusama says this will also attract players outside the SHIB ecosystem to download the game. In this context, the inventor of SHIB makes the following statement:

Just by downloading the game, with your help, it is possible for us to move the game to the top of the app stores. Hopefully, this way we will generate more revenue from players outside the SHIB community.

Calls continue to burn more SHIBs

Members of the Shiba Inu community contributed greatly to the cremation program. In this context, it burned billions of SHIB tokens and permanently removed them from the supply. Despite billions of SHIBs destroyed, SHIBArmy members continue to call on the team to join the ongoing burning program.

Kusama noted that the movement became mandatory after the massive call from the community to burn the SHIB. In a Discord post that Shytoshi shared under the pseudonym GossipShib, I get messages like “Sometimes bro, burn the whole SHIB supply.” However, he acknowledges that burning SHIB and boosting the price of the cryptocurrency would cost the team billions of dollars. Based on this, the team decided to use 5% of the profit from the game for burning. Thus, it will be possible for them to keep burning the SHIB all the time. Shytoshi also has this to say on the subject:

As you can see, we need to implement a plan to burn more tokens. It’s fun for us to work on this. However, burning billions of dollars is no easy task. Trust me.