Shib Inu announces the official release date for Shibarium, its Ethereum-based Layer 2 protocol, at the Blockchain Futurist Conference in August.
Shib Inu’s highly anticipated mainnet launch of Shibarium, its Ethereum-based Layer 2 protocol, now has an official release date. The project’s lead developer, Shytoshi Kusama, recently unveiled the timeline for this monumental event.
The wait is over! ⏳ Shibarium’s launch date is finally here! Don’t miss out on your chance to claim $SHIB! 💥
— AndyPower.eth (@andypowereth) July 3, 2023
Shibarium Timeline Revealed
According to a blog post by Kusama, Shibarium is scheduled to be launched at the Blockchain Futurist Conference in Toronto, which will take place in August of this year. As one of the major sponsors of the event, Kusama believes that the conference will provide the perfect setting to share this exciting news with the community.
The development of Shibarium has been underway for several months, as the Shiba Inu team has been focused on introducing a highly functional scaling solution to expand Ethereum’s ecosystem. The team’s efforts have gained significant traction, with the testnet known as PuppyNet being launched a few months ago.
The positive response to PuppyNet from the community has fueled the enthusiasm of Kusama and the rest of the team to continue working on the Shibarium protocol. The growing user count, demonstrated by an increase in active wallet addresses, and the consistent transaction growth are promising signs that the community is ready for the mainnet version of Shibarium.
As part of the Blockchain Futurist Conference, Kusama confirmed that a multi-month hackathon will be launched to facilitate the onboarding of new decentralized applications and smart contracts once the protocol goes live.
Other Events to Watch Out For
While the launch of Shibarium is expected to be the highlight of the Blockchain Futurist Conference, there are other exciting events that users should look forward to. Kusama revealed that the protocol’s grand Whitepaper, known as the “Worldpaper,” will be showcased alongside all Shib branded projects. Additionally, Treat, an important aspect of the ecosystem, will be published in detail for the first time.
With the Shiba Inu team continuously showcasing advancements in their efforts to launch the Shibarium protocol, there are high expectations for a positive price impact on SHIB and other ecosystem tokens in the mid- to long-term.
In conclusion, Shibarium’s mainnet launch is set to take place at the Blockchain Futurist Conference in August. The team’s dedication to developing a highly functional scaling solution has garnered significant support from the community. Alongside the launch, there will be a hackathon and the exhibition of the protocol’s Whitepaper and Treat. These developments have sparked optimism for the future of SHIB and other ecosystem tokens.
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