Shytoshi Kusama, the head of the Shiba Inu project, has ignited excitement among SHIB supporters with a revealing tweet. He cryptically shared details about his constant relocations, suggesting that major advancements are underway for the SHIB community.
Prior to his current status, Kusama frequently updated his location on social media, most notably on platform X. He moved between Hong Kong, Japan, and the US in quick succession. Now, he is based in Los Angeles, California. This shift has ignited debate among SHIB community members, with some assuming he’s embarking on a world tour or forging connections across these countries.
On Monday, Shiba Inu revealed that they had successfully raised a substantial $12 million investment from key venture capitalists, headed by Cypher Capital, to initiate the development of their advanced Fully Homomorphic Encryption (FHE) blockchain through TREAT – the final non-stablecoin token within the Shiba Inu ecosystem.
“Now you’re aware of the reason I moved around while presenting my ideas to the brightest minds in our field, as I shared on an exhilarating tweet.”
Shiba Inu’s blockchain, in collaboration with Zama, has developed Treat will power as fully homomorphic encryption (FHE) named Shibarium. This innovative feature is anticipated to strengthen Shiba Inu’s role as the hub of memes within crypto and extend its functionality to greater heights during the upcoming fundraising round.
Additionally, Kusama’s tweet indicated potential major advancements for the Shiba Inu community, implying that the team behind the project is planning exciting things for its followers.
“Today is an important milestone for SHIB as we make strides towards encryption and enhance our entire image. The community has much to look forward to, and I’ve rarely been this thrilled about SHIB.” – Kusama’s message in simpler terms.
Kusama’s statement has sparked excitement among SHIB supporters, leading many to ponder possible collaborations, new product rollouts, and broadening of the ecosystem that could propel Shiba Inu even higher. With numerous possibilities on the horizon for SHIB, the community is eagerly looking forward to upcoming news and developments.
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2024-04-23 16:00