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In what may very well be a groundbreaking encounter within the crypto-verse, Shytoshi Kusama, the pseudonymous architect behind the Shiba Inu mission, has reached out to tech magnate Elon Musk. Kusama invited Tesla CEO Musk to the upcoming Blockchain Futurist Conference. The occasion, happening on August 15 & 16, 2023 in Toronto, Canada, is predicted to unveil the much-anticipated Shibarium, Shiba Inu’s personal layer 2 blockchain.

Capitalizing on Musk’s latest show of fondness for Canada, Kusama shared the invitation through Twitter: “See you at Blockchain Futurist Conference”. Interestingly, Musk had additionally talked about “Shiba Inu” in an earlier tweet, albeit probably within the context of the favored canine breed, alluding to Dogecoin (DOGE), not the cryptocurrency SHIB. However, the coincidence wasn’t misplaced on the SHIB group, stirring pleasure and anticipation within the ranks.

See you at #Blockchainfuturistconference #shibarmy https://t.co/Cf1TPSm9VO

— Shytoshi Kusama™ (@ShytoshiKusama) July 31, 2023

The Blockchain Futurist Conference just isn’t merely a stage for Shiba Inu’s endeavors; the meme coin has risen to the standing of one of many title sponsors of the occasion. This affiliation aligns Shiba Inu with different main gamers within the cryptocurrency panorama, bolstering its place available in the market.

One of the highlights of the convention for Shiba Inu is the disclosing of its accomplished Worldpaper. This detailed doc will throw gentle on all SHIB branded tasks, introducing them to the broader crypto group. The Worldpaper may even embody an unique first-time dialogue on the Treat mission, a major initiative below the Shiba Inu banner.

Furthermore, Kusama has additional stoked the fires of anticipation by confirming that there are sturdy indicators pointing in direction of the launch of the L2 Shibarium on the convention. This transfer is predicted to mark a major milestone in Shiba Inu’s journey in direction of creating a sturdy, community-driven blockchain ecosystem.

Shiba Inu: Remaining BONE Will Be Minted

Adding gasoline to the hearth of anticipation surrounding the Blockchain Futurist Conference, Kusama released important information concerning the way forward for BONE, the digital token related to the SHIB group.

In a serious weblog publish, Kusama make clear upcoming developments: “With the incoming launch of Shibarium…we will mint the remaining supply of BONE and renounce the BONE contract,” he disclosed.

This pivotal choice will forestall additional minting of BONE and be certain that a considerable portion is allotted to validators within the upcoming blockchain system. BONE can be set to function the gasoline token for Shibarium and play an important position in expertise governance throughout the new system.

This reveals Shiba Inu’s grand technique of trailblazing a decentralized future, stepping past the present state of affairs within the crypto sphere. As Kusama eloquently put it, “This isn’t just about following the path of decentralization; this is about trailblazing a new destiny for the world.”

At press time, SHIB bulls had been nonetheless fighting the 23.6% Fibonacci retracement degree, which had been the previous resistance line of an ascending triangle. To verify bullish momentum, SHIB wants to remain above this assist degree.

Featured picture from iStock, chart from TradingView.com