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Shiba Inu is planning to launch a decentralized autonomous organization (DAO) as part of its strategy to become a universal blockchain platform. On August 24, Shiba Inu CMO Lucie announced that the network will launch a DAO governance. The move is intended to ensure that SHIB’s growth is aligned with its core values of transparency and inclusivity. The initiative will allow SHIB holders to participate in the decision-making process within the Shiba Inu ecosystem. Lucie explained that the DAO launch will solidify the coin’s role as a leader in decentralized governance.
However, the CMO noted that the DAO is still in development. Lucie clarified that the governance model will include two main bodies: the Charity Council and the Culture and Heritage Council. These councils will manage community initiatives such as charitable efforts and preserving Shiba Inu’s unique cultural identity.
Additionally, Lucie noted that other coins in the SHIB ecosystem, such as BONE and LEASH, will play a critical role in the DAO process. For example, BONE holders will have the opportunity to lead the ecosystem’s efforts to advance blockchain knowledge and innovation. LEASH holders can vote on issues that promote fairness and transparency within the community.
Image: Binance Academy
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