{"id":3101,"date":"2024-11-21T19:01:28","date_gmt":"2024-11-21T19:01:28","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3101"},"modified":"2024-11-21T19:01:28","modified_gmt":"2024-11-21T19:01:28","slug":"shiba-inu-lead-dev-unveils-mainstream-adoption-strategy-for-shibarium","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3101","title":{"rendered":"Shiba Inu Lead Dev Unveils Mainstream Adoption Strategy For Shibarium"},"content":{"rendered":"
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Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, has laid out a strategic plan focused on driving mainstream adoption and enticing centralized exchange (CEX) support for Shibarium, Shiba Inu\u2019s Ethereum Layer-2 solution. In an exchange on X, the team behind FEED (@feedcto), a Shiba Inu-based memecoin on the Shibarium network, raised concerns about the lack of support from major CEXs.<\/p>\n

Shiba Inu Mainstream Adoption Strategy<\/h2>\n

They highlighted a significant barrier to growth via X: \u201cMany traders who want to participate in the Shibarium ecological meme project have given up because there is no mainstream cex to support shibarium. [\u2026] Therefore, the question for our community members is, is there a solution to the above problems in your future plan for shibarium? If this problem can be solved, we believe that it will make Shibarium greater.<\/p>\n

Kusama addressed<\/a> this concern by emphasizing the necessity of widespread adoption for Shibarium to attract CEX support, linking the platform\u2019s usability directly to its economic viability for exchanges. He explained, \u201cWhat actually needs to happen for CEXs to adopt Shibarium is that the chain itself needs mass adoption. Adoption equals Traffic equals Revenue for them.\u201d This formula, Kusama argues, is what drives CEX interest, as increased usage of Shibarium would naturally lead to greater profitability and appeal for these exchanges.<\/p>\n

He further argues that \u201cCEXs are also building their own L2s,\u201d naming US based crypto exchange Kraken<\/a> as an example. \u201cSo my focus is and remains on getting adoption for Shibarium and all things Shib through partnershibs, focusing on unique niches and getting revenue for the foundation through the above so the community can work collectively on these issues,\u201d Kusama added.<\/p>\n

Delving deeper into the strategic efforts underway to enhance Shibarium\u2019s appeal, Kusama detailed that the first two steps have already been taken developing the technology and the technical foundation like decentralized governance<\/a> for it. The third step, \u201cget adoption from Web 2 and scale,\u201d is still in progress.<\/p>\n

Kusama also expressed confidence in the potential for Shibarium\u2019s breakout success<\/a>, drawing parallels with other successful platforms:. He thinks that a true breakout token on Shibarium will have CEXs adopt it quickly, similar to how they support networks like Polygon. \u201cAs noted above, I see many possibilities there. Remember that Shibarium is similar to Polygon, which many already support (I believe),\u201d he remarked.<\/p>\n

Feedback from community stakeholders like WOOF (@woofswap), a decentralized exchange on the Shiba Inu network, has been positive. They commended Kusama\u2019s leadership and teased future developments: \u201cMany tokens have also reached billions of market capitalization without being listed on Binance. Good job Shytoshi Kusama. Let\u2019s announce some exciting news soon.\u201d<\/p>\n

Kusama continues to actively promote Shibarium\u2019s adoption and potential through public engagements and social media. Reflecting on his recent participation at The Arabian Business party, he shared<\/a> via X today, \u201cLast night I was honored to speak at The Arabian Business party \u2018Powered by Shib\u2019. We look forward to speaking to all the amazing businessmen and women we met at the event [\u2026 ] I\u2019ll be in Dubai the next few days, closing some deals, and recording some content for you that is coming soon.\u201d<\/p>\n

At press time, SHIB traded at $0.00002369.<\/p>\n

\"Shiba<\/div>\n","protected":false},"excerpt":{"rendered":"

Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, has laid out a strategic plan focused on driving mainstream adoption and enticing centralized exchange (CEX) support for Shibarium, Shiba Inu\u2019s Ethereum Layer-2 solution. In an exchange on X, the team behind FEED (@feedcto), a Shiba Inu-based memecoin on the Shibarium network, raised concerns about the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3101","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3101"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3101\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}