Loading cryptocurrency prices...

Shytoshi Kusama Prepares AI Boost for Shiba Inu Ecosystem Revival

Shytoshi Kusama Develops AI Projects to Support Sustainable SHIB Token Burn Mechanism

  • Shytoshi Kusama, the lead developer of the Shiba Inu ecosystem, has been working quietly on new AI projects.
  • These AI ventures are personal initiatives separate from the Shiba Inu corporate efforts.
  • Funds from the AI projects will support a sustainable token burn mechanism for SHIB.
  • Details about these developments remain speculative as no official confirmation has been released by the SHIB team.

Shytoshi Kusama, the pseudonymous figure heading the Shiba Inu ecosystem, has been notably silent but actively working behind the scenes. Recent updates indicate that Kusama has been focused on developing several Artificial Intelligence (AI) products. These efforts aim to strengthen the core of the Shiba Inu token ecosystem.

- Advertisement -

According to the information shared by a recent publication, Kusama’s long absence was due to his engagement in finalizing multiple AI ventures. These projects are described as personal initiatives rather than official Shiba Inu corporate activities. The AI products and potential partnerships are expected to launch soon, targeting the broader market.

The strategy involves using the revenue generated from these AI ventures to fund a continuous token burn mechanism. Token burning is a process that permanently removes tokens from circulation, which can reduce supply and potentially affect the token’s value. Kusama has committed to supporting the “true Shib community” through this sustainable burn approach.

While these claims suggest a forthcoming resurgence for the SHIB token, they remain unconfirmed by the official Shiba Inu development team. The recent months’ silence from Kusama may reflect concentrated efforts toward these projects rather than a lack of progress. Further updates are awaited to clarify the situation and verify these initiatives.

See the source here for more details.

- Advertisement -

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

Bitcoin Drops Below $100K Amid Data Blackout Fears

Bitcoin Price dropped sharply below $100,000, reaching its lowest since May.October U.S. economic data...

Grayscale Files for IPO to List on NYSE Under Ticker GRAY

Grayscale Investments filed to go public on the New York Stock Exchange under the...

Tesla Testing Apple CarPlay Integration After Years of Resistance

Tesla is testing support for Apple CarPlay in its vehicles after ongoing customer requests. CarPlay...

Dromos Labs Launches Aero, Uniting Base and Optimism DEXs

Dromos Labs is launching Aero, a new unified decentralized exchange (DEX) system that integrates...

Malicious “Safery” Chrome Wallet Steals Ethereum Seed Phrases

A malicious Chrome extension named Safery: Ethereum Wallet disguises itself as a secure Ethereum...
- Advertisement -

Must Read

Ethereum Hosting: TOP 10 Companies to Buy Hosting With Ethereum

If you are looking for Ethereum Hosting, you've hit the jackpot. In this article, we will present the 10 Best companies to buy hosting...