Shiba

Foundation

Treat

Shiba Inu

<figure> 
 <figcaption>
 Cover image via <a href="https://u.today/">U.Today</a>
 </figcaption> 
</figure>
Dog-themed cryptocurrency <a href="https://u.today/shiba-inu-shib-rockets-517-in-whale-activity-amid-partnership-news">Shiba Inu</a> might be on the verge of a transformative shift that will put power into the hands of real holders. A recent update from Shiba Inu team member Lucie has hinted at upcoming governance milestones, which would mark Shiba Inu's next chapter in the coming days.
In a tweet, Lucie indicated that Shib’s DAO and foundation might be coming soon. "The time is almost here. As we approach the 2024/2025 launch, the Shib ecosystem is on the verge of a transformative shift that will put power into the hands of real holders," Lucie <a href="https://x.com/LucieSHIB/status/1846856174479552733">stated</a>.
<blockquote>
 Shib’s DAO and Foundation Are Coming SoonThe time is almost here. As we approach the 2024/2025 launch, the Shib ecosystem is on the verge of a transformative shift that will put power into the hands of real holders. ( !!! NOT X TROLLS or FUDDERS on telegram) The introduction… <a href="https://t.co/p6ufpQpSSB">pic.twitter.com/p6ufpQpSSB</a>— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) <a href="https://twitter.com/LucieSHIB/status/1846856174479552733?ref_src=twsrc%5Etfw">October 17, 2024</a>
</blockquote> 
Lucie added that the introduction of the Shib Doggy DAO Foundation is about to become a reality, marking the next chapter for Shib State and setting the stage for a fully decentralized and autonomous future.
Shiba Inu's DAO (Decentralized Autonomous Organization) will be a governance system where holders of key tokens — Shib, Bone, Leash and upcoming Treat — have the power to make crucial decisions. This decentralized model ensures that the future of Shib is determined by those who believe in it, not by outside voices or short-term hype. The DAO and foundation will allow token holders to vote on everything from community projects to technology advancements.
Lucie further explained that the SHIB Doggy DAO Foundation will legally wrap around the DAO, ensuring that the decisions made by the community are properly executed. It will manage assets like the Doggy Treasury and prevent any future misallocations, providing transparency and security. This move would demonstrate to the world that Shiba Inu is not just another project — it is a serious player with a long-term vision.
<h2 id="shiba-inu-governance">Shiba Inu governance</h2>
<a href="https://u.today/shiba-inus-governance-token-bone-nears-key-milestone-shib-price-up-5">Shiba Inu governance</a> will be split into four, one for each of the core tokens of the Shiba Inu ecosystem: Shiba Inu will govern the community itself, BONE will power Shiba Inu’s technology, Leash will offer protection and, exclusivity, Treat will empower and fund community projects.
As this governance system is implemented, it might take time to perfect. But once it is fully operational, it is expected to create a perpetual and autonomous system.
According to Lucie, with the imminent launch of SHIB Doggy DAO and its foundation, the future of SHIB is about to be put firmly in the hands of those who matter most: the community.

Shiba Inu Governance Update: Team Member Reveals Crucial Developments

Table of Contents

U_Today

Other articles published on Oct 17, 2024

SEC Twitter Hacker arrested, the man behind Bitcoin value spike in January 2024

Bitwise CIO Talks About Bitcoin and Ethereum! Reveals Bold 2024 Year-End Price Prediction for BTC!

Most US voters prefer a pro-crypto candidate — Grayscale CLO

Panic In The Crypto Market: 287 Million Liquidated In Just 24 Hours, Beware Of Leverage!

SCB Initiates Cross-Border Payments with Stablecoins

Top 5 Penny Cryptos to Watch This Bull Run: Will They Outshine Shiba Inu and Pepe?

Join our free newsletter for daily crypto updates!