Shiba Inu Token

Introduction

Shiba Inu's journey was the answer to a simple question. What would happen if a cryptocurrency project was 100% run by its community?

While the term DeFi literally includes the word decentralized, this is in reference to economic status as opposed to its internal hierarchy. Our founder, Ryoshi, said this of our beginnings, “We are an experiment in decentralized spontaneous community building(...)”

While none of Shiba Inu Team could have imagined it at the time, this was a concept that would start a revolution.

Projects built on the foundation of community involvement are the untamed wilderness of our future. As the Shiba Inu team moves further away from rigid financial structures and traditional mindsets, Shiba become free to discover new ways to solve problems and relate to one another.

In a world ruled by the commodification of time, community-run projects are more than just a change of pace, they are a way to practice the radical acceptance of others.

When success depends on the shared strength of the individuals who make up a collective, we are forced to shift our perspectives to align with those around us. The Shiba Inu Ecosystem is our way of recognizing the importance of tearing down this long-established paradigm.

A community is held together by hundreds, if not thousands, of interconnected moments. By studying those drawn to our project, Shiba Inu realized that true strength doesn’t come from one of us alone, it comes from when we work together in harmony. With that thought bright in our minds, the develop team began creating the Shiba Inu Ecosystem in earnest.

Why Decentralization?

Shiba Inu is standing at a pivotal moment in innovation.

Until now, centralization has been a prerequisite for all of our official structures. Political, educational, and financial systems are, and have always been, crafted in a way that does not equally and ethically distribute power to those functioning within them. There have been times in our history where this sort of internal structure played an important role, but in an age with the information of the world available at the click of a button, it’s time to rethink.

2021 opened our eyes to how little control the average person has in the face of these overarching, generational structures when GameStop and AMC stock value exploded seemingly overnight. WallStreetBets tested the waters of what it would look like to disperse control to consumers and inexperienced investors alike.

It was inspiring, but it didn’t last long. Just when the movement seemed to be on the brink of success, it was throttled by the bureaucracy of our centralized society. However, not before this concept of a new power among the people took root.

Months before any of these events made international news, Ryoshi was already setting his 100% community-based, cryptocurrency experiment into motion. Cryptocurrency itself comes from the idea of redefining wealth and how it can be acquired, which goes against traditional processes by its very nature. And yet, most, if not all, cryptocurrencies function within enforceable rules. It’s easy to see when we look back at cases like the SEC’s win over the Kin Ecosystem (a centralized authority), or when we consider how the Binance Smart Chain seems to use centralized authority to offer “benefits” over their decentralized partnerships.

Their Background

"you can only fight the way you practice"

Miyamoto Musashi

Ryoshi approached the creation of our community from a unique perspective.

“Shiba Inu believes through the power of collective decentralization we can build something stronger than a centralized team ever could create. A community-run token is nothing without the united individuals who give it purpose.”

From the early days of Shiba, Shiba became known as the Shib Army, both amongst the crytpo community and across the countless other platforms. This wasn’t just a name. For many it became part of their username, their handle, and their avatars/profile pictures which they switched to an adorable Shiba sporting a beret. Whether you are a new recruit or part of the old guard, if you fly under the Shib banner, you must embrace our founding principles:

1. Shiba started from zero, with zero. It’s the spirit of our project to create something out of nothing.

2. Shiba Inu was not founded from an existing community, let alone a preassembled team. The brilliant minds behind Shib had never collaborated before. They were a fresh team of developers, designers, moderators, marketers, and shillers. When you joined the Shib army, from anywhere in the world, you found where your talents could be used best, and got to work.

3. The DEV team loves Shiba Inu Dogs.

Shiba is proud of where the Shib Army originated and equally excited for our future. The founder, Ryoshi, chose to start Shib from nothing, and gave the direction of the currency to our army (which rapidly grew to be over 120,000+ members strong). Starting with nothing means everyone has to bring something to the table. The holders and believers in our Shib Army have been the source of all our success. You and more than 120,000 fellow holders, admins, mods, leaders of international chat rooms, social media influencers, meme makers, shillers, and most of all, friends.

The Starting Tokenomincs of Shiba Swap

Shiba Inu Token and the Shib Army have evolved beyond a simple experiment. As of the publishing of this document and the relaese of ShibaSwap, Shiba has become a Decentralized Ecosystem enriched by its own DEX.

This redefines $SHIB as more than it could ever be by itself, and is why Shiba Inu will out-perform, outlast, and outshine every crypto which attempts to emulate it.

ShibaSwap will highlight our three flagship tokens:

Shiba Inu: $SHIB

Leash Dogecoin Killer: $LEASH

Bone: $BONE

On ShibaSwap your Shibs will DIG for BONES, or even BURY their tokens. The best trainers even teach their Shibas to SWAP which allows the pup to exchange one token for another token.

When Shibas DIG, BURY or SWAP, they generate "Returns" that are distributed to the Puppy Pools where #SHIBARMY has either BURIED their tokens or are DIGGING for BONES.

Shiba Ecosystem Tokenomics

$SHIB SHIBA INU

SHIB came into this worls as a puppy in August of 2020. After they finished minting 1 quadrillion tokens, they put half into Uniswap and threw away the keys. Then, the remaining 50% was "burned" to Vitalik Buterin's wallet, which was the start of their Army.

Shib was ground zero for so many of the popular projects today. Shib was the first to allow diamond hands to hold billions, or even trillions, or their tokens in their wallets, as well as being the first spontaneous community building experiment in a decentralized setting.

Shib earned the nickname DOGECOIN KILLER because they have the ability to outpace the value of Dogecoin, exponentially, without ever crossing the $0.01 mark.

They are the dog that boldly went where no dog had gone before. At the time of this writing, they are recognized around the world, potentially even by Elon Musk, and are already up thousands of percentage points. Many have tried to follow their wagging tail, but the form and function of their project eclipses their hype.

Now, Shib is the first cryptocurrency token to be listed and incentivised on ShibaSwap, their very own decentralized exchange, immortalizing it in history forever.