September 13, 2022 – Today, we are proud to launch SHIBChain – a new, innovative platform looking to provide additional functionality for Shiba Inu and the #ShibArmy.
SHIBChain will offer access to several interesting aspects of the crypto and blockchain space – including but not limited to non-fungible tokens (NFTs), blockchain gaming, decentralized finance (DeFi), and much more.
SHIB – Impressive Growth, But No Use Case
Since its launch, Shiba Inu has captivated the attention of just about everyone in the crypto space. The meme coin, which is self-styled the “Dogecoin killer,” has already seen significant gains, rising to become one of the most valuable cryptocurrencies in the market despite only being in existence for less than two years.
However, despite its unprecedented rise, Shiba Inu has been unable to find a use case. The gains for the asset have primarily been due to the outstanding efforts of the ShibArmy – investors who have banded together on social media platforms and online forums to keep the dream alive.
Fortunately, this lack of a use case is about to become a thing of the past. Shiba Inu has started to grow significantly as a project in 2022, with companies accepting it as a payment method and developers also integrating it into their operations.
The SHIBChain Solution
SHIBChain is looking to become the net phase of Shiba Inu’s existence. We are solving the problem of no use cases by providing a layer-two platform to scale the entire Shiba Inu project.
With SHIBChain, developers will finally be able to build on the Shiba Inu as a platform and as a community. The platform allows developers to launch and mnt NFTs, build NFT marketplaces, design innovative games, and even make resilient DeFi protocols that give people more value for their money.
The benefit is simple – with SHIBChain, Shiba Inu holders will finally be able to use their coins for more than just investing. Like top cryptocurrencies like Ethereum (ETH) and Binance Coin (BNB), SHIB is about to become a functional and highly resilient asset with a definitive use case.
SC – One Token To Power It All
SHIBChain will launch its token, SC, to consolidate all of its operations. SC will serve as the base of all SHIBChain’s operations. The asset will power transactions and more, ensuring that developers will always enjoy a reliable asset that can make them some extra money.
Even better, SC is a proof-of-stake (PoS) asset where holders can become validators. Thus, it will have a minimal carbon footprint and be in line to make cryptocurrencies, in general, more eco-friendly. As a stakeable asset, SC will offer an opportunity for investors looking to enjoy passive income to get it finally!
More Than Just A Token
SHIBChain is about to make Shiba Inu much more than just a cryptocurrency. We believe that the asset has significant potential for growth, but that growth won’t necessarily come if SHIB doesn’t find a use case to support it in the long run.
Speaking about the project, SHIBChain’s developers have explained:
“SHIB token holders deserve the same powers as other crypto holders. SHIBChain gives those superpowers, like DeFi, NFTs, games, and more! The SHIBCchain community stands for fairness and equality for all ecosystem builders. Time to unleash the creativity and full potential of the SHIB community.”
With SHIBChain, developers will also enjoy a unique development environment supporting their work and building ability. The platform provides a transaction throughput of over 100,000 transactions a second – which is already more than large-cap coins can.
Bitcoin (BTC) and Ethereum (ETH).
SHIBChain can also be bridged with the original SHIB token, meaning that token holders will be able to stake their assets to earn passive income at the same time.
SHIBChain’s developers also hope to reward their community for celebrating its launch. They are launching an airdrop, giving community members $100 million in SC tokens. What’s more? SHIB holders can get the airdrop just as well. To qualify for the airdrop, community members can:
• Purchase SC tokens (the tokens are currently available in Pink sale, but additional support is coming)
• Stake at least 500 SC or SHIB – in the vault
• Sit back and start getting airdrops weekly!
SHIBChain’s roadmap already promises a significant amount of work and new features down the pipeline – for both the platform and its asset. The developers are working to bring SHIB to SC and visa versa, with listings on CoinMarketCap, CoinGecko, and centralized exchanges. And as for SHIBChain itself, additional partnerships and bridges to more blockchains are just the beginning of its growth.