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Shiba Inu coin raises $12M for new blockchain project 🚀💰

Shiba Inu coin raises $12M for new blockchain project 🚀💰

Discover the Future: Shiba Inu’s New Blockchain Initiative

Learn about Shiba Inu’s groundbreaking project to create a new blockchain that focuses on enhancing privacy and expanding crypto accessibility.

Shiba Inu Meme Coin Raises $12 Million for New Blockchain

Explore how the Shiba Inu project successfully raised $12 million to develop its innovative Layer 3 blockchain.

  • The fundraising involved selling a new token, TREAT, to non-US venture capital investors.
  • Key investors included Polygon Ventures, Mechanism Capital, and Animoca Brands.
  • Polygon Ventures’ involvement could indicate deeper implications for the cryptocurrency space.
  • The funding round concluded in April, setting the stage for future development.

Introducing the TREAT Token

Understand the role of the new TREAT token as a utility and governance token for Shiba Inu’s privacy-focused Layer 3 blockchain.

  • Exercise caution as the TREAT token is not yet available on trading platforms.
  • Clarify the distinction between different tokens named TREAT in the crypto market.
  • Stay informed to avoid confusion and potential investment risks.

Unveiling the New Blockchain

Delve into the details of Shiba Inu’s upcoming blockchain project, designed to enhance privacy and facilitate mass adoption of cryptocurrencies.

  • Explore the use of fully homomorphic encryption technology from Zama for secure data processing.
  • Consider the ambitious goal of onboarding a billion new users to crypto markets.
  • Monitor the progress of the new blockchain’s testnet expected to launch in the third quarter.

Hot Take: Shiba Inu’s Path to Blockchain Transformation 🚀

Get ready to witness a new chapter in the crypto world as Shiba Inu paves the way for privacy-focused and inclusive blockchain technology.

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Shiba Inu coin raises $12M for new blockchain project 🚀💰