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HomeCrypto NewsMarketHas Unification Finished its Work for Shibarium? Product Lead Responds

Has Unification Finished its Work for Shibarium? Product Lead Responds

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The team was contracted to build the Ethereum Layer 2 solution.

Unification Foundation Chief Product Officer Maziar Sadri has revealed that the Unification team maintains a lead advisory role on the Shibarium project following the beta release.

Sadri disclosed this in a Telegram message on March 18 in response to inquiries from pseudonymous Unification validator Ringoshi Toitsu. Notably, Toitsu wondered if the team had done enough work on the Ethereum Layer 2 solution for the Shiba Inu ecosystem to refocus efforts on Unification projects.

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In response, Sadri wrote:

“The foundation continues to [work on Shibarium] as a lead technical and architectural advisor on the project. However, this work is also highly synergistic to internal development given the scale and utility of usage of Unification’s product in the project (including UNoDE & OoO).”

Notably, Toitsu shared the conversation on Twitter.

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For the uninitiated, the Unification Foundation, developers of the blockchain of the same name, offers a blockchain tool kit to serve both traditional businesses looking to get involved in Web3 and Web3 native projects. It was contracted to build Shibarium and also played a key role in the development of ShibaSwap. In addition, the foundation is also working on other projects like WoofWork, a proposed freelance marketplace, and PawZone, a proposed NFT marketplace, all building to launch on Shibarium. 

The Unification Foundation’s toolkit’s key offerings include Oracle of Oracles (OoO), providing price feeds for on-chain and off-chain assets on decentralized applications (DApps). It is touted as customizable, open-access, and permissionless. In addition, UNODE, set to launch later this year, promises to decentralize node operation for Ethereum Virtual Machine (EVM) compatible chains.

As highlighted by Sadri, Shibarium will utilize these products. Recall that the beta version of the protocol went live early this month to some mixed reviews as now-dismissed claims alleged that the code was cloned from another project after over a year of development.

It is worth noting that FUND, the native token of the Unification blockchain per CoinGecko data, silently formed a new all-time high in February despite continued market uncertainty.

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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Okoya David
Okoya David
Okoya David Kio is a crypto enthusiast passionate about understanding what makes the nascent market tick. When he's not pondering about cryptocurrencies, you might find him in a BP debate room trying to proffer solutions to age-old societal problems.

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