hiba Inu [$SHIB], currently ranked as the 13th largest cryptocurrency by market cap, is taking a major step forward.
Project Marketing Lead, Lucie, announced that Shiba Inu aims to create a decentralized autonomous organization (DAO) to give the community a voice in governance and decision-making.
Shiba Inu's Intentions with the DAO.
The announcement from Lucie reinforces Shiba Inu's commitment to the idea of a community-driven initiative. From its unsuccessful launch as an experiment without an agenda, Shiba Inu has rapidly progressed.
This DAO will decentralize governance and give all holders a say in the next chapter of the project.
Governance will be executed by two primary councils: The Charity Council and The Culture & Heritage Council. These councils will be responsible for overseeing that the community is working to stay true to Shiba Inu's original principles.
The transition to DAO signifies a turning point for Shiba Inu. Under the direction of Shytoshi Kusama, Shiba Inu has risen from its beginnings into a reputable digital asset around the globe.
This DAO will empower the community; all holders will have a voice and a vote, regardless of the size of their stake, in the direction of the project. The purpose of this effort is to establish Shiba Inu's prominence in decentralized finance (DeFi).
Future Roadmap and Real-World Utility
Shiba Inu's future roadmap includes efforts to bolster its governance model and broaden its real-world utility. Establishing a DAO will be an important step in creating (potentially) a stronger SHIB influence in the DeFi space.
At the time of writing, $SHIB is trading at $0.00001499, up 14.30% in the past week.
The growing success of Shiba Inu, however, is not only based on a rise in place in the marketplace but also about adding real utility and increasing recognition outside of the digital space.
