#Shiba Inu Launches Ecosystem Token#
Hot Topic Overview
Overview
Shiba Inu has announced that it will launch its ecosystem token, TREAT, in January 2025. The token will serve as the utility and governance token for its new privacy-focused Layer3 blockchain, which is built on top of the Ethereum Layer2 blockchain Shibarium. The TREAT token is designed to unlock the advanced features of the network's state operating system and will act as an access token, integrating rewards, governance, security, and spending into a cohesive framework aimed at fostering a vibrant and engaged community. The Shiba Inu team raised $12 million in April 2024 through the sale of unsold TREAT tokens to fund the development of the blockchain.
Ace Hot Topic Analysis
Analysis
Shiba Inu has announced that it will launch its ecosystem token, TREAT, in January 2025. TREAT will serve as the utility and governance token for its new privacy-focused Layer3 blockchain, built on the Ethereum Layer2 blockchain Shibarium. The TREAT token aims to unlock advanced features of the network's state operating system, acting as an access token that integrates rewards, governance, security, and spending into a cohesive framework, designed to foster a vibrant and engaged community. Previously, the Shiba Inu team raised $12 million in April 2024 by selling yet-to-be-issued TREAT tokens to non-US venture capital investors to develop its new privacy-focused Layer3 blockchain. The launch of the TREAT token will further enhance the Shiba Inu ecosystem, providing users with richer functionalities and a more robust community engagement mechanism.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
TREAT token is an important part of the Shiba Inu ecosystem, it will be used to unlock the functionality of the network state operating system, and provide features such as rewards, governance, security, and spending.
TREAT token is the utility and governance token for Shiba Inu's new privacy-focused Layer3 blockchain, which is built on top of the Ethereum Layer2 blockchain Shibarium.
Shiba Inu raised $12 million by selling yet-to-be-released TREAT tokens to develop its new Layer3 blockchain.
The launch of the TREAT token aims to cultivate a vibrant and engaged community.