Forbes, the renowned global business magazine, recently acknowledged the success of the Shiba Inu ecosystem, highlighting four key points of praise. The article recognized Shiba Inu for its achievements in both cryptocurrency and traditional finance, emphasizing the development of real utility in meme-based cryptocurrencies.
The Shiba Inu team, led by marketer Lucie, celebrated the recognition by Forbes. Lucie summarized the article into four key points, the first being Shiba Inu’s leadership in technological innovation, setting the pace for other crypto assets. The article also commended Shiba Inu’s partnership with Zama.ai, focusing on enhancing privacy and security through fully homomorphic encryption.
Furthermore, Forbes admired Shiba Inu for its transition from a memecoin to developing practical utility, including solutions for security and identity. The article highlighted the project’s impact beyond the crypto world, influencing traditional finance and setting new industry standards.
Lucie emphasized that the Forbes article objectively recognized the hard work of Shiba Inu’s developers and the progress made by SHIB in the crypto space. Since its inception in August 2020, Shiba Inu has made significant strides towards becoming a utility project, with various initiatives within its ecosystem such as a decentralized exchange, Layer-2 blockchain, NFTs and DN-404 tokens, and a domain name system. The team is also working on upcoming projects like an L3 privacy blockchain, a metaverse project, and a play-to-earn iteration of the Shiba Eternity game, set to launch in the 2024/2025 market cycle.