Shibburn Launches Shib Association for Utility and Innovation

Published 23/08/2023, 16:19
Shibburn Launches Shib Association for Utility and Innovation
SHIB/USD
-

  • Shibburn has launched another venture, Shib Association, within the Shiba Inu ecosystem.
  • Shib Association, would focus solely on bringing utility and innovation to SHIB.
  • The new venture will include people who share the same ideas and want to work together.

Shibburn, the SHIB burn tracking organization, has announced the launch of another venture within the Shiba Inu ecosystem. The new venture, Shib Association, would focus solely on SHIB, bringing utility and innovation to the renowned meme coin.

Shibburn announced via a recent post on Twitter, asking interested users to join the organization by following its Twitter handle, @ShibAssociation. The SHIB tracker informed users of his past efforts within the SHIB community, noting some challenges faced with running the project.

According to Shibburn, things have not turned out as expected, despite their efforts at providing information about SHIB burns to help the community. The organization’s representative noted that Shibburn has a different vision from its contemporaries, and would keep their focus solely on SHIB.

The representative recalled the early days of Shibburn as a project set up to help the Shiba Inu community. According to him, not everyone was impressed with the growing popularity of Shibburn, leading to various campaigns against the innovation. However, he noted that the project resisted all challenges and continued to thrive.

The newly launched Shib Association will include people who share the same ideas and want to work together, according to the Shibburn representative. He clarified that Shibburn and Shib Association are independent companies with different roles. According to him, while the Shib Association will not be a part of Shibburn, the existing company will contribute to the newly launched Shib Association.

One of the community members who responded to Shibburn’s announcement appeared to be more interested in the impact of the burning exercise on the price of SHIB. The respondent decried the impact of the SHIB burn on the cryptocurrency’s price. However, he commended the community and appreciated the work done so far.

The post Shibburn Launches Shib Association for Utility and Innovation appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.