The Transition to a DAO
O Shiba Inu announced which intends to establish a decentralized autonomous organization (DAO). This transition to a DAO model aims to further strengthen the Shiba Inu community by democratizing governance processes.
Shiba Inu’s governance model will be anchored by two main councils: the Charity Council and the Culture & Heritage Council. The Charity Council will focus on philanthropic activities, for example. This promises to leverage community resources and support. The Culture & Heritage Council will work to preserve the Shiba Inu community.
Some tokens within the Shiba Inu ecosystem will also play a role in the DAO’s governance process. These include Bone ShibaSwap (BONE) and Doge Killer (LEASH).
In this scenario of Shiba Inu prosperity, a new project has also emerged. Still in the pre-sale phase, Crypto All-Stars has been very successful with its proposal to revolutionize memecoin staking.
Shiba Inu aims to expand its real-world applications and DAO may be just the beginning
Shiba Inu has a strategic roadmap that includes expanding its real-world applications as well as enhancing its governance structure. The introduction of a DAO is seen as an important development as it will likely bolster Shiba Inu’s influence in the decentralized finance space.
So as Shiba Inu develops, its role in governance and real-world applications will grow stronger. SHIB is showing that it is not just another token. It is setting the stage for decentralized projects that aim to redefine both finance and governance.
Shiba Inu (SHIB) is a memecoin created in August 2020 and is a fork of the famous memecoin Dogecoin (DOGE). SHIB is a decentralized, P2P currency that allows users to send and receive payments without a central authority.
SHIB has a fast block time of just one minute, which is much faster than DOGE’s ten-minute block time. Although it is known only as a memecoin, its growing popularity and people’s interest in participating in the community point to a very promising future.
Shiba Inu price has seen positive developments this year. According to technical analysis, Shiba Inu price is expected to create a new high, due to the Metaverse platform. SHIB is estimated to have an average trading price of $0.00003041, with a minimum price of $0.00002941 and an estimated maximum price of $0.00003360.
New Crypto All-Stars project promises to revolutionize memecoin staking
Crypto All-Stars is a new memecoin project that is set to revolutionize the way investors store and stake their memecoins. The Crypto All-Stars presale has already surpassed the $1.2 million mark. The tokens are currently being sold for $0.0014419.
The project features the MemeVault protocol, designed especially for memecoins and to highlight their full potential. This is because investors will be able to stake any of the main memecoins on the market and will have their returns paid with $STARS tokens.
Crypto All-Stars’ tokenomics were designed with the project’s long-term success in mind. Therefore, approximately 20% of the tokens will be allocated to the ongoing presale and 25% will be allocated to the staking system that is still under construction.
Another 20% of the $STARS tokens will be allocated to marketing, 10% will be allocated to DEX/CEX listings, and 25% of the assets will go to the MemeVault ecosystem. During the pre-sale, $STARS tokens can be purchased directly on the project's official website, and payments in ETH, USDT, BNB Coin, or by credit card are accepted.
Early buyers will be able to reap the rewards during the token’s listing phase, which is expected to happen soon. The listing phase is usually quite promising. After this phase, MemeVault is expected to go live, increasing investor attention and revenue.
Don't waste any more time and check out the official Crypto All-Stars page right now.
Disclaimer: This article is for informational purposes only and does not constitute investment advice or an offer to invest. CriptoFácil is not responsible for any content, products or services mentioned in this article.