Shiba Inu lead developer Shytoshi Kusama has revealed his vision of pushing the SHIB project into a decentralized ecosystem with the goal of attracting up to one billion people.
This vision was highlighted in the last edition from SHIB Magazine, published this Monday. It should be noted that Kusama gave an interview, detailing certain features of the vision she has for the Shiba Inu Ecosystem. These features range from innovative technologies to a mission to combat combat scams.
Decentralization and democracy
Kusama revealed that his vision places great importance on decentralization. To make this dream of decentralization a reality, the ecosystem team is looking to incorporate a comprehensive governance protocol into all four ecosystem tokens. In particular, Kusama revealed plans to start elections that allow the participation of the entire community.
He emphasized that these initiatives are an important step towards creating an environment where the voices of asset holders dictate the direction of the protocol. Enforcing these initiatives would result in community involvement in the leader selection.
Technologies and battle against scams
The overall vision of the leading Shiba Inu developer also involves the introduction of new technologies. The ecosystem team recently launched projects like Shibarium and Shibarium Bridge. However, there are several other technologies that are emerging on the scene.
In his vision, he specifically outlined technologies that could help drive transparent, robot-free community elections. These technologies include Self-sovereign identity (SSI) and Decentralized Identifiers (DID). These protocols could facilitate trust in community governance decisions.
Going further, Kusama drew attention to the increasing incidence of scams within the Shiba Inu community. It is worth mentioning that this pandemic exists in the broader crypto ecosystem, and not just within Shiba Inu. Kusama aims to leverage SSI and other initiatives to strengthen the ecosystem against these frauds.
Shiba Inu: the goal of one billion users
An interesting part of the vision is Kusama’s goal of attracting one billion users to the Shiba Inu ecosystem. For context, this figure represents one-eighth of the world’s population.
“Shytoshi’s vision transcends current crypto boundaries and aims to attract a billion users with real products and a commitment to privacy and legal compliance.” he SHIB Magazine read boldly.
Shytoshi aims to develop a blockchain ecosystem that is both easy to use and secure. His vision also addresses privacy issues. According to him, this mission seeks to create an atmosphere that welcomes the participation of genuine users, with solid protocols to protect against financial losses.