The Shiba Inu ecosystem team recently issued a crucial alert to its community members amid growing anticipation for the introduction of a new project. Lucie, the marketing specialist for Shiba Inu, released a statement clarifying that the highly anticipated project, known as “The SHEboshis,” comprising ERC-404 tokens and NFTs, has not yet been launched. This announcement serves as a proactive measure to protect the community from fraudulent schemes that have become increasingly common.
Lucie’s warning emphasizes the importance of vigilance among Shiba Inu enthusiasts, urging them to remain cautious and avoid potential scams related to the SHEboshis. The initiative aims to allow existing Shiboshi holders to mint SHEboshis at no cost once the project is officially launched. This proactive communication is part of a broader effort by the Shiba Inu team to address the growing threat of scammers who exploit new developments within the ecosystem to deceive unsuspecting investors.
SHEboshi NFTs: A new chapter in the Shiba Inu saga
The upcoming launch of the SHEboshi NFT collection marks a significant addition to the SHIB ecosystem, aiming to celebrate women while complementing the existing Shiboshi collectibles. Utilizing the ERC-404 Ethereum token standard, the community eagerly anticipates the debut of SHEboshi, with expectations set for its introduction this weekend. The introduction of this NFT collection represents a milestone for the community and a strategic move to enhance the value and engagement within the Shiba Inu ecosystem.
Upon launch, a select group of Shiboshi holders will enjoy the exclusive opportunity to mint SHEboshi NFTs at no cost for a 72-hour period. Following this initial phase, LEASH token holders will gain access to mint the remaining NFTs for an additional day. Subsequently, following the minting phase, the SHEboshis will be made available for trading on various platforms, including Uniswap and ShibaSwap. This move aims to provide broader access and increased liquidity for these unique digital assets, further enriching the Shiba Inu ecosystem.
Strategic allocation of SHEboshi proceeds
The Shiba Inu team has unveiled a detailed blueprint for utilizing the proceeds from the upcoming SHEboshi NFT sales, aiming to significantly benefit the ecosystem and its stakeholders. As outlined in the latest edition of Shib Magazine, half of the revenue generated from SHEboshi sales will be allocated towards burning tokens within the SHIB ecosystem, including SHIB, LEASH, BONE, and upcoming tokens like Shi and TREAT. This strategic token burn approach is anticipated to reduce the token supply, potentially boosting their value over time.
The remaining proceeds from SHEboshi sales will be allocated across various segments of the Shiba Inu ecosystem. Forty percent of the first half will be directed towards supporting the development team, the foundation, and nonprofit initiatives, ensuring sustained growth and contributions to social causes. The second half of the proceeds will be designated for treasury and operational expenses, underscoring the team’s commitment to financial sustainability and the enduring success of the Shiba Inu project.
The latest advisory from the Shiba Inu team underscores their commitment to safeguarding the community and ensuring a secure environment for the forthcoming SHEboshi launch. This new endeavor within the Shiba Inu ecosystem celebrates diversity and inclusivity while presenting a strategic avenue for growth and value enhancement. As the community eagerly awaits the official release, the emphasis on vigilance and the detailed allocation plan for SHEboshi proceeds exemplify the team’s deliberate approach to expanding the Shiba Inu universe while upholding strong principles of security and sustainability.
