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SHIB Developer Shares Updates on Shibarium, the Shiba Inu Layer 2 Scaling Solution, Hints Big Surprise for Early 2022

During an ask-me-anything (AMA) session on Twitter, Queenie, a moderator of the official Shiba Inu Discord channel, teased a big surprise in 2022 without going further into details:

“We do have a big surprise when we enter 2022. So, that’s going to be the last little tidbit that I drop.”

Read Also: Shiba Inu (SHIB) Developers Working On a Layer 2 Scaling Solution Called Shibarium. Here’s Why It’s Important

Updates on Shiba Inu’s Layer 2 Scaling Solution

Queenie said that Shibarium would be released “as soon as humanly possible,” without being specific on the release date:

“We don’t do dates because that’s how you disappoint people.”

The much-awaited Layer 2 solution, Shibarium, is expected to make SHIB transactions much cheaper and more accessible.

Read Also: 239.6 Million SHIB Destroyed On Boxing Day As the Road to A Billion SHIB Burn Gets Clearer

According to Queenie, the project, which runs on top of the Ethereum blockchain, suffers from high gas fees:

“We know everyone is upset about the gas fees. It makes it really difficult, and SHIB has always been about accessibility.”

According to Queenie, Bone ShibaSwap (BONE) will be utilized as a native token on Shibarium.

BONE currently acts as the governance token of the ShibaSwap blockchain. While BONE has a capped supply, it will continue being minted until 2024. There will be a mechanism to keep the rate of minting balanced.

Read Also: Shiba Inu Collaborates With former Activision Vice President, William David Volk, To Create SHIB NFT Game

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The Game Based On Shiboshi

In the course of the AMA, Queenie also clarified that there would be two versions of the game based on Shiboshi, a collection of non-fungible tokens. The mobile version will have in-app purchases just like other applications on the App Store. It will also be compatible with PC.

The blockchain version of the game will be play-to-earn, meaning that players will be able to earn rewards in cryptocurrencies and cash them out.


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Tobi Loba
Tobi Loba
Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.
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