Lucie, the ecosystem’s marketing specialist, shared the news in a post on X. This development follows the token’s listing announcements by leading cryptocurrency exchanges, including KuCoin, Gate.io, and Bitget.

Deposit and Trading Information

These exchanges have already enabled token deposits before the launch scheduled for January 14, 2025, at 11:00 AM (UTC). The early deposit window aims to facilitate a smooth trading experience when the token goes live.

Eligibility and Steps to Claim the Airdrop

Participants must have a verified account on one of the participating exchanges—KuCoin, Gate.io, or Bitget. Existing and new users are eligible, with new accounts needing to be registered before January 14.

After creating or verifying an account, users must visit the official Shiba Inu airdrop platform to submit their exchange user ID and TREAT deposit address. Once these details are successfully submitted, accounts will be whitelisted for token distribution.

Lucie emphasized the importance of caution during the process, warning users against engaging with unofficial links to prevent scams.

The airdrop began on January 10, 2025, and will conclude on January 14 at 00:00 (UTC). However, due to regulatory restrictions, residents of the United States are not permitted to participate.

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Special Incentives for Bitget Users

Shytoshi Kusama announced an exclusive incentive for Bitget users during the airdrop period. Participants who deposit TREAT on Bitget will be eligible for additional rewards ranging from $5 to $100 worth of the token. The total reward pool for this initiative is capped at $200,000 worth of TREAT and will be distributed on a first-come, first-served basis.

This promotion is separate from Bitget’s earlier reward program, which allocated 87.45 million TREAT tokens for users who lock their BGB and USDT tokens between January 14 and January 17, 2025.

These combined initiatives highlight the ecosystem’s effort to boost TREAT adoption through strategic promotions and community engagement. Eligible participants are encouraged to act quickly and responsibly to secure their share of distributed tokens.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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The official launch of TREAT is scheduled for January 14, but misinformation about its release has been spreading, prompting Kusama to issue a warning to the community.

TREAT Launch and False Claims

The TREAT token, an important addition to the Shiba Inu ecosystem, is set to bring enhanced decentralization and utility. According to official statements, the token will debut on January 14, 2025. Despite this, misleading information has surfaced, alleging that TREAT has been available for nearly two years.

On Sunday, a user known as CryptoMumms promoted what they claimed to be the “real” TREAT token, asserting that it had been stealth-launched on January 14, 2023.

In blockchain terms, a stealth launch occurs when a token is released without prior marketing or public announcement. This misinformation coincides with the ecosystem’s official announcement of the upcoming launch date, sparking confusion among community members.

Shytoshi Kusama Responds to Misinformation  

In response, Kusama directly addressed the false claims. He made it clear that the token had not been launched. The developer dismissed CryptoMumms’ assertions and warned the community to remain cautious.

The fake token being marketed as TREAT is reportedly trading on ShibaSwap with the wallet contract address “0xFBD…146B.” Data from DEXTools shows the counterfeit token priced at $0.001549 with a market capitalization of $3.11 million.

Kusama emphasized that these claims are baseless and urged Shiba Inu supporters to avoid engaging with or investing in the fraudulent token. The team continues to monitor the situation and has reiterated the official launch date for TREAT.

Importance of TREAT in the Shiba Inu Ecosystem

The token is expected to play a key role in the Shiba Inu ecosystem, offering governance functionality, rewards, and practical utility. Its introduction is anticipated to strengthen the project’s decentralization efforts and provide additional benefits to the community.

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The excitement around the TREAT launch has contributed to positive momentum for SHIB, the ecosystem’s native token. Last week, SHIB saw a 12% increase, recovering from a minor dip in late December. As of now, SHIB is trading at $0.00002403, reflecting a slight growth of 0.04% in the last 24 hours.

Community Advisory

As the launch date approaches, Kusama and the team continue to urge caution within the community. Investors and supporters are advised to rely on official channels for updates and avoid any token claiming to be TREAT before its confirmed release. The team remains committed to protecting the ecosystem and ensuring transparency around the token’s rollout.

The official debut of the token is expected to mark a significant milestone for the Shiba Inu ecosystem, further solidifying its position in the cryptocurrency space.

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This development signifies a pivotal advancement in the Shiba Inu project’s evolution, underscoring its commitment to innovation and expansion within the decentralized finance (DeFi) space.

So now that the Metaverse is rolling out well and those who said it wasn't coming have been once again it's time to start talking about $TREAT, the future of our state and what we've been up to the last few years to ensure we are ahead of the pack.

Stay tuned…

— Shytoshi Kusama (@ShytoshiKusama) December 27, 2024

SHIB: The Metaverse

“SHIB: The Metaverse” represents a significant leap for the Shiba Inu ecosystem. It offers users an immersive virtual environment that integrates blockchain technology with interactive experiences. This platform enables users to purchase digital land, create avatars, and host events, fostering a dynamic virtual community.

The metaverse comprises over 100,000 plots of land, categorized into four tiers, with initial prices ranging from 0.2 ETH to 1 ETH. This initiative reflects Shiba Inu’s transition from a meme coin to a utility-driven digital asset, aiming to revolutionize virtual engagement and digital ownership.

Introduction of the TREAT Token

Building upon the momentum of the metaverse launch, Kusama has introduced the TREAT token, poised to become a central component of the Shiba Inu ecosystem. Although details regarding TREAT’s functionalities are forthcoming, it is anticipated to serve multiple roles, including governance, rewards, and enhancing user engagement within the ecosystem.

Kusama has indicated that TREAT will help reward systems and DeFi integrations, facilitating innovative partnerships, and empowering users by granting them a voice in decision-making processes through voting mechanisms.

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Strategic Collaborations and Technological Integration

In a strategic move to expand the ecosystem’s real-world impact, Kusama has unveiled TREAT’s first use case through a collaboration with Oogwai, a project dedicated to longevity research.

This partnership focuses on utilizing Fully Homomorphic Encryption (FHE) technology. It allows computations on encrypted data without decryption, ensuring data privacy and security.

TREAT is expected to facilitate efficient data processing within this framework, highlighting Shiba Inu’s commitment to leveraging advanced technologies for societal benefit.

XRP Future Prospects

The introduction of TREAT and the successful deployment of “SHIB: The Metaverse” underscore the Shiba Inu development team’s dedication to staying ahead in the rapidly evolving blockchain landscape.

These initiatives enhance user experience, foster community engagement, and expand the ecosystem’s utility beyond its origins. As the Shiba Inu project continues to innovate, it aims to solidify its position within the DeFi space, offering users a comprehensive and multifaceted platform for digital interaction and financial participation.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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