The official token of the PawZone ecosystem named “PAW,” is set to launch on the upcoming Shiba Inu’s Layer – 2 Solution, Shibarium.
Shiba Inu’s much-awaited Shibarium – Layer 2 Solution is getting a lot of traction even before its launch. Several projects are willing to build themselves on Shibarium.
JD, the creator of the SHIB-related project PawZone has recently announced plans to launch a new token called “PAW” on the upcoming Shibarium Network. According to the announcement, the PAW token will be released once the Shibarium Beta version launches.
I’m proud to announce the official page for our upcoming token. Our token has NOT been deployed and will be available soon after #Shibarium is released. Make sure to follow to keep up with any updates regarding the token and be careful of others using the same name. $PAW $SHIB https://t.co/dCWBwmQAOp
— JD’s Updates (@jds_updates) January 25, 2023
Additionally, the creator of the PawZone project shared the website for the PAW token with the Shiba Inu community in order to help protect them from buying any fake tokens with the same name that may be available on the market. This was done to ensure that the community is aware of the legitimate website and resources related to the token and to prevent them from being scammed.
The PawZone project is currently developing an NFT marketplace called “Pawzaar” that is specifically designed to be integrated with the upcoming Shibarium network, ensuring that it is fully compatible and ready to use once the network is launched. The marketplace is targeting members of the Shiba Inu Community and will allow them to create NFTs on the Shibarium network. Additionally, reports are that trading NFTs on the Pawzaar marketplace will also help to burn a significant number of Shiba Inu tokens.
According to information on the official website, the PawZone project also has plans to create a “Shiba Inu Gaming Guild” that aims to be the premier crypto gaming guild for the Shiba Inu community and blockchain gamers. The guild will allow members to borrow in-game assets for free and keep the majority of their earnings. Additionally, 20% of the earnings generated by the Shiba Inu Gaming Guild will be sent to a SHIB burn address, which will help SHIB in reducing the overall supply.
As of now, the team behind Shiba Inu has not yet announced an official launch date for Shibarium Beta. However, they have been providing updates on the progress of the network’s development, indicating that the launch is imminent. These updates suggest that the launch of the L2 network is getting closer and the community is eagerly waiting for the official announcement.
Yesterday Prominent Shiba Inu Influencer Shared a Crypto Project which is Building a Bridge to link Ethereum and Shibarium.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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