In a recent podcast, Shytoshi Kusama and Kaal Kaal Dhairya, lead developers of Shiba Inu, announced their plan to transfer control of the project to the community by the end of the year to achieve greater decentralization and fulfill the project’s original vision.

Reasons Behind the Decision

Shytoshi Kusama explained that the decision to step down and empower the community is about strengthening the project rather than withdrawing from it. Dhairya emphasized their journey from regular community members to leaders of a crypto movement, highlighting their commitment to realizing Ryoshi’s vision.

Both Kusama and Dhairya have maintained anonymity, considering it a strength that enables them to gather authentic feedback from the community for the project’s organic growth. This choice reflects a community-centered approach over individual prominence in a sector where founders’ public personas often play a significant role in project perception.

The departure of Kusama and Dhairya will test Shiba Inu’s decentralized model, aiming to empower the community not just in governance but also in advancing the project’s technological foundations, exploring Web3 technologies beyond traditional Web2 concepts.

Kusama emphasized the community’s power within Shiba Inu, stressing that their personal identities are secondary to the project’s success. He highlighted the essence of the community, the shift from Web2 to Web3 technologies, and the viral impact of the Shiba Inu brand.

Currently, SHIB is trading at $0.00001315.