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Why Development of Shiba Inu Gaming Guild is Exciting?

  /  cryptocurrency   /  Why Development of Shiba Inu Gaming Guild is Exciting?
Shiba Inu

Why Development of Shiba Inu Gaming Guild is Exciting?

Here’s how Shiba Inu lead developer approves of Shibarium gaming guild development

Shibarium, Shiba Inu layer-2 scaling solution, was made available to the public just a few days ago in beta form. As it became known, there are a large number of projects wishing to build on Shibarium. Before the launch, LucieSHIB, a popular Shiba Inu Twitter account, reported that over 3,000 Shibarium intake forms had already been submitted.

Shiba Inu Gaming Guild, or Shiba Inu GG, is one of these projects. Shytoshi Kusama, SHIB’s lead developer, stated in a new tweet that a gaming guild was one of the first project ideas for the Shibarium network. Kusama praised PawZone’s guild project development progress and wished the team continued success in building the project. JD Hatefi, the founder of PawZone, then expressed gratitude to Kusama for his encouragement. Hatefi stressed that the PawZone team intends to begin with a fully functional NFT marketplace called Pawzaar before moving on to the development of the Shiba Inu Gaming Guild on Shibarium.

The Shiba Inu Gaming Guild is intended to address one of the most significant issues with NFT games: getting started can be prohibitively expensive, as the best NFTs can charge exorbitant fees that individual players cannot afford. A gaming guild solves this problem by collectively pooling resources in a treasury to provide all players with access to rare NFTs. JD Hatefi revealed in a January 2022 interview that members of the Shiba Inu GG will be able to earn NFTs in play-to-earn titles with the guild funded by the treasury. Which titles or even blockchains will be available will be determined by the Decentralized Autonomous Organization (DAO). The guild will also hold assets on Ethereum and Solana, according to the PawZone founder, though the final decision will be made by the community.

The guild will also take part in the SHIB Burn. The SHIB burn address will receive 10% of the total earnings. Furthermore, the PawZone team is working on a token, the PAW Token, which will govern voting rights within the guild but has not yet been released.

According to Hatefi, BONE, the Doggy DAO’s governance token, is unsuitable because non-members would have a significant impact on the system.

Guild members will need to purchase the gaming guild’s PAW token to fund the treasury and vote.

The SHIB price was US$0.00001133 at the time of publication. As a result, SHIB has regained critical support at US$0.00001087 but was initially rejected at the 200-day exponential moving average (EMA).