Bitrabo Editorial
Shiba Inu is on the verge of a major change. On October 17, Lucie (@LucieSHIB), the marketing head for Shiba Inu, shared through X that the Shiba Inu Decentralized Autonomous Organization (DAO) and the Shib Doggy DAO Foundation are “coming soon.” This indicates a significant transition towards community governance and decentralization.
Lucie mentioned, “The time is almost here. As we target the 2024/2025 launch, the Shib ecosystem is ready for a substantial transformation that will empower true holders.” She highlighted that the forthcoming DAO and Foundation aim to keep out “trolls” and “FUD-spreaders” who do not hold tokens yet may try to negatively affect the project’s trajectory.
Purpose of the Shiba Inu DAO and Foundation
The objective of the Shib Doggy DAO Foundation is to legally support the DAO, ensuring proper execution of community-driven decisions. Lucie stated, “The SHIB Doggy DAO Foundation will legally encase the DAO, making sure that community decisions are accurately carried out.” This structure will manage resources such as the Doggy Treasury, preventing misallocations while promoting transparency and security.
This initiative seeks to position Shiba Inu as a “serious player with a long-term vision,” setting it apart from projects that lack sustainability and community engagement. The DAO will allow holders of four main tokens—SHIB, BONE, LEASH, and the upcoming TREAT—to participate in governance decisions.
The governance framework is organized into four key areas: SHIB governs the community, BONE enhances Shiba Inu’s technological aspects, LEASH provides protection and exclusivity, and TREAT supports and funds community initiatives.
Lucie highlighted, “A DAO is a governance model where key token holders—Shib, Bone, Leash, and Treat—can make important decisions.” She noted that this decentralized structure ensures that those committed to Shib, rather than outsiders or transient excitement, shape its future.
Lucie stressed the importance of genuine token holders in influencing the project’s direction, stating, “Real holders will dictate the course of Shib’s future.” She cautioned that “trolls, FUD-spreaders, and detractors won’t be able to impact anything because they lack holdings within the ecosystem.”
Additionally, she warned about counterfeit versions of the TREAT token, which isn’t available yet. “Remember that TREAT hasn’t been released yet,” Lucie advised. “Holding any fakes means you won’t be able to partake in the DAO or any related applications. Make sure to follow TREAT (@treatsforShib) for legitimate updates.”
As Shiba Inu transitions to this new governing system, Lucie acknowledged the time required for effective implementation. “Perfecting the governance system will take time,” she confessed. “But once implemented, it will create a self-sustaining system ensuring the longevity of the Shib ecosystem.”
The forthcoming launch marks a crucial point for Shiba Inu. Lucie concluded, “The launch is imminent, and the future of Shib is about to be entrusted to those who matter most: the community. This is a pivotal moment to engage in the revolution.” She affirmed, “The Shib Doggy DAO Foundation represents that SHIB is more than mere hype—it’s a genuine movement ready to navigate into the future.”
Currently, SHIB is trading at $0.00001776.
