Shibarium’s near-finalization has been confirmed by Kusama, coinciding with the revelation of a new crucial alliance. Shiba Inu has brought forth a fresh update to its followers.
LUCIE, the Shiba Inu ecosystem marketing strategist, recently took to her X (formerly Twitter) handle to announce SHIB Doggy DAO’s collaboration with a prominent digital asset consultation and investment enterprise.
Leading digital asset advisory and investment firm Alpha Transform Holdings (ATH) today announced that it will be advising the foundation behind SHIB Doggy DAO, the decentralized autonomous organization governed by Shiba Inu token holders that funds the projects now being built… pic.twitter.com/he1sXsCxJv
— 𝐋𝐔𝐂𝐈𝐄 | Summer of Shibarium (@LucieSHIB) August 15, 2023
Read Also: Top Analyst Spots Shiba Inu (SHIB) Bullish Reversal As Community Anticipates Shibarium Launch
SHIB Doggy DAO Forms Alliance With ATH
Alpha Transform Holdings (ATH) has forged an alliance with SHIB Doggy DAO. The latter represents a decentralized autonomous entity steered by SHIB token bearers, responsible for financing projects on Shibarium.
ATH, conversely, is a digital asset consultancy and investment agency with an ensemble of seasoned professionals from titans like Nasdaq, News Corp, and Disney. According to the report, their advisory track record boasts projects such as Ethereum and Tether.
Commenting on the news, Alpha Transform Holdings’ Chief Investment Officer and CEO, Enzo Villani said, “SHIB continues the incredible trajectory. Shibarium has already seen great momentum. With over 21 million wallets and over 250,000 smart contracts written to their Layer 2 blockchain testnet, many brands in entertainment, media, and finance will be interested in engaging with this vibrant community.”
Shibarium on the Verge of Completion
Reflecting on the collaboration, the lead developer of the Shiba Inu ecosystem, Shytoshi Kusama, mentioned that Shibarium is “on the brink of completion.”
He added, “Now that Shibarium is nearly complete, and our full structure placed at the feet of the world, we couldn’t ask for a better partner to help shepherd this next phase of the Shiba global phenomenon. […] We look forward to Alpha Transform helping our Foundation swiftly and effectively chart the best course possible for the future of the Shiba Inu ecosystem.”
Presently, SHIB’s market value hasn’t shown a response to the news, experiencing a 2% drop in the last day but escalating by 11% during the day, backed by a commendable weekly surge.
Read Also: Top Shiba Inu Influencer Explains Why SHIB Price Is Not Rising Despite Upcoming Shibarium Launch
The Announcement by Alpha Transform Holdings (ATH)
Alpha Transform Holdings (ATH), a foremost digital asset advice and investment entity, disclosed its advisory role to the SHIB Doggy DAO Foundation. This foundation, as the decentralized autonomous body steered by Shiba Inu token proprietors, sponsors the endeavors on the Shibarium blockchain.
With the accountability of executing the governance resolutions made by the DAO and safeguarding the DAO’s resources and treasury, the SHIB Doggy DAO Foundation is set to leverage the vast expertise of ATH’s partners and trailblazers like Enzo Villani, Michael Terpin, and Seth Shapiro.
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