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HomeCrypto NewsMarketKusama to Step Down as Shiba Inu Lead Visionary, Finalize DAO

Kusama to Step Down as Shiba Inu Lead Visionary, Finalize DAO

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Shytoshi Kusama, the prominent figurehead behind the Shiba Inu ecosystem project, has announced a major transition in his role. 

After years of spearheading the Shiba Inu ecosystem, Kusama confirmed in a recent disclosure on X that he is stepping down as the lead visionary to take on a new position as the lead ambassador for the ecosystem.

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Notably, this transition in role comes at an important point on the journey of the project, which has transformed from its humble beginnings as just another meme coin into a massive and relevant Web3 ecosystem.

During his speech, Kusama discussed his journey with Shiba Inu, which began with a modest investment and a vision inspired by the project’s founder, Ryoshi. 

Shiba Inu Transformation into a Network State

Over the years, he facilitated the building of key elements of the ecosystem, including tokens like BONE, LEASH, and most recently, TREAT, as well as platforms like ShibaSwap and Shibarium. 

Kusama acknowledged that some projects, such as the stablecoin Shib and Shibacon, are still in progress, but expressed pride in the community’s achievements.

The developer stressed that under his role as lead visionary, Shiba Inu has grown into more than just a crypto asset. It now functions as a “Network State,” presenting a framework for governments, businesses, and individuals to transition from Web2 to Web3. Notably, projects like Shibarium power this ecosystem.

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Kusama pointed out that Shibarium has already facilitated 800 million transactions without issues since its launch in August 2023. In addition, the ecosystem’s governance is transitioning to a Decentralized Autonomous Organization (DAO), which would place control in the community’s hands.

Kusama’s New Role as Lead Ambassador

Notably, in his new role, Kusama revealed that he will focus on driving global adoption of Shiba Inu’s technologies. He is now looking to promote the recently rebranded ShibOS, an expanded suite of tools formerly known as the 36 Chambers of Tech. 

For context, the platform presents advanced solutions for Web3 integration, making it attractive for businesses, governments, and individuals looking to adopt decentralized technology.

Specifically, Kusama plans to work with partners to bolster the offerings of ShibOS by integrating new technologies, such as AstraNova, and improve collaboration across industries. His goal is to strengthen Shiba Inu’s position as a leader in Web3 while tying up loose ends within the ecosystem.

Meanwhile, Kusama noted his efforts over the past six months, which included meetings with global leaders, celebrities, business owners, and NGOs to raise awareness about Shiba Inu’s potential. He intends to build on this momentum by forming partnerships and guiding projects that utilize Shibarium and ShibOS.

The new role will also allow Kusama to pursue personal projects, such as the development of the “44 Tenets to Triumph in Crypto.” He noted that his commitment to Shiba Inu remains unwavering, as he will only collaborate with projects that leverage the ecosystem’s technologies.

DisClamier: 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 opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Sam Wisdom Raphael
Sam Wisdom Raphael
Sam Wisdom Raphael is a seasoned crypto news writer and journalist with 5 years of experience covering blockchain, DeFi, and crypto developments. Sam's active presence in the crypto community complements his deep understanding of the crypto space, allowing him to craft comprehensible price analysis reports and tackle technical blockchain concepts.

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