#Shiba Inu Launches Ecosystem Token#
Hot Topic Overview
Overview
Shiba Inu has announced that it will launch its ecosystem token, TREAT, in January 2025. The token will serve as the utility and governance token for its new privacy Layer3 blockchain, built on top of the Ethereum Layer2 blockchain Shibarium. The TREAT token is designed to unlock advanced features within the Shiba Inu ecosystem and act as an access token, integrating rewards, governance, security, and spending into one framework to foster a vibrant and engaged community. The Shiba Inu team raised $12 million in April 2024 through the sale of unsold TREAT tokens to fund the development of the blockchain.
Ace Hot Topic Analysis
Analysis
Shiba Inu has announced that it will launch its ecosystem token, TREAT, in January 2025. The token will serve as the utility and governance token for its new privacy-focused Layer3 blockchain. The TREAT token is designed to unlock advanced features of the network state operating system within the Shiba Inu ecosystem and act as an access token, integrating rewards, governance, security, and spending into a unified framework, aiming to foster a vibrant and engaged community. The launch of the token follows the Shiba Inu team's successful fundraising effort in April 2024, where they raised $12 million through the sale of unissued TREAT tokens to develop their new Layer3 blockchain. The TREAT token will be built on the Ethereum Layer2 blockchain, Shibarium, and will provide the Shiba Inu ecosystem with more advanced features and enhanced community engagement.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
TREAT is the core token of the Shiba Inu ecosystem, empowering advanced features for the network's state operating system.
TREAT will serve as an access token, integrating rewards, governance, security, and spending, fostering community participation.
TREAT is the utility and governance token for Shiba Inu's new privacy-focused Layer3 blockchain, built on Shibarium.
Shiba Inu raised $12 million by selling yet-to-be-released TREAT tokens to develop its new Layer3 blockchain.