Author: Art

Shibarium, the latest innovation from the Shiba Inu (SHIB) team, is poised to revolutionize the entire SHIB ecosystem. This second-layer scalability solution is designed to address the scalability issues and high transaction fees that have long been a problem for Ethereum-based tokens like SHIB. By providing a low-fee, high-throughput platform for developers to build decentralized applications (dApps) on the SHIB blockchain, Shibarium is expected to significantly enhance the value proposition of SHIB for investors and users alike.

In this article, we will take a deep dive into Shibarium and explore its features, benefits, and potential impact on the rest of the SHIB ecosystem. We’ll examine how Shibarium works, what sets it apart from other solutions in the market, and how it can help SHIB achieve its long-term vision of becoming the go-to platform for decentralized applications.

Join us on this journey as we explore Shibarium and attempt to unravel its potential impact on the future of SHIB and the wider crypto landscape.

What is Shibarium?

You all already probably know what Shibarium is, but just in case, here is the TL;DR:

• Shibarium is the SHIB ecosystem native blockchain and a second-layer scalability solution on Ethereum.
• Layer 2 refers to a set of separate blockchains built on top of layer 1 protocols that reduce bottlenecks with scaling and data.
• Bone ShibaSwap (BONE) will be a gas currency of the upcoming blockchain.
• Twenty million BONE will be reserved to reward validators and delegators in the Shibarium ecosystem.
• Shibarium’s Layer 2 blockchain protocols can serve different industry areas such as metaverse, web3 innovation, and gaming. 
• Shibarium is in Beta since March 11th, 2023.

A New Take On Blockchain

To dive a little deeper into the benefits of Shibarium, let’s discuss how it is setting itself apart from other blockchains.

By allowing for high throughput and low fees, Shibarium aims to address one of the key bottlenecks that has been holding back cryptocurrency adoption. This focus on scalability is particularly important given the explosive growth that the cryptocurrency space has seen over the past few years.

Shibarium’s focus on the SHIB ecosystem also sets it apart from other blockchains. Shibarium is designed to accumulate and onboard projects interested in building for the SHIB audience. This focus on the SHIB ecosystem allows Shibarium to offer unique benefits to projects built on the platform, such as the ability to use BONE, another token in the SHIB ecosystem, as gas on the network.

Shibarium’s use of second-layer scaling makes it different from other blockchains that are still struggling to address the scalability issue. Second-layer scaling allows Shibarium to increase its throughput without sacrificing security, making it an attractive option for developers and entrepreneurs looking for a high-throughput, low-fee platform.

Finally, Shib is famous in crypto-Twitter for its amazing community, so having a Shib Army on your side is an advantage that other blockchain solutions might only dream of.

A Perfect Fit for Developers

The Shibarium portal invites six types of contributors to collaborate with Shibarium, including “Web3/Web4” developers, crypto entrepreneurs, and validators/delegators. This move is expected to attract more developers and projects to build on the Shibarium blockchain, which could have significant implications for SHIB holders.

By welcoming Web3/Web4 developers to create applications on Shibarium, the platform is opening up new opportunities for innovation within the SHIB ecosystem. Developers will be able to take advantage of Shibarium’s low-fee, high-throughput platform to build dApps that are faster and more cost-effective than those built on the Ethereum mainnet. This increased developer activity could lead to more adoption and usage of the SHIB token, which would benefit SHIB holders.

Finally, the validator/delegator enrollment process is also underway, providing an opportunity for those interested in staking their SHIB tokens to participate in the network and earn rewards.

Shibarium Impact on the Shib Ecosystem

One of the most notable changes that Shibarium brings to the ecosystem is the use of BONE, another token of the SHIB ecosystem, as the gas fee for transactions on the Shibarium blockchain.

BONE is a governance token that was created to allow SHIB holders to vote on proposals and changes to the SHIB ecosystem. With the launch of Shibarium, BONE will also be used as gas, which means that users will need to hold BONE to perform transactions on the Shibarium blockchain. This move has significant implications for the value of BONE and its role within the SHIB ecosystem.

The increased demand for BONE as gas on Shibarium is likely to drive up its value, as users will need to acquire BONE to access the platform’s features. This increased demand could also lead to more adoption of BONE within the SHIB ecosystem, as users seek to acquire the token to perform transactions on Shibarium. As a result, BONE could become a more integral part of the SHIB ecosystem, with its value and utility increasing as a result of Shibarium’s launch.

In addition to the impact on BONE, Shibarium’s launch is also likely to attract more developers to the SHIB ecosystem. This increased developer activity could lead to more innovation and adoption within the SHIB ecosystem, which would ultimately benefit SHIB token holders.

Conclusion:

In conclusion, Shibarium’s launch marks a significant milestone for the SHIB ecosystem and the broader cryptocurrency space.

With its focus on scalability, the SHIB ecosystem, second-layer scaling, and community involvement, Shibarium is poised to become a leading platform for Web3 and beyond. As Shibarium continues to attract developers, entrepreneurs, and investors, we can expect to see a thriving ecosystem of innovative applications and services that leverage the platform’s unique features.

The future of Shibarium and the SHIB ecosystem is bright, and we can’t wait to see what the next chapter holds.

How to Swap BONE Shibaswap

With Swapzone, you have access to a variety of BONE offers and can exchange them at the best rates and conditions without commission or limits. Here’s a simple guide to buying BONE on Swapzone:

1. Choose the BONE swap pair you want (e.g. BTC to BONE).
2. Enter the total amount of BTC you wish to exchange.
3. Select the best BTC to BONE swap offer available.
4. Click on the Exchange button.
5. Enter the wallet address where you want to receive your BONE tokens.
6. Send your BTC deposit to the provided address.
7. Wait for your BTC-BONE swap to be processed.
8. Receive your BONE tokens in your wallet!

Welcome to our 2023 year in review for Floki cryptocurrency! As we reflect on the first few months of the year, it’s clear that there has been no shortage of excitement in the world of crypto. Floki, in particular, has been making waves with its innovative approach to decentralized finance and its dedicated team of developers and community members. In this article, we’ll take a closer look at everything that’s happened with Floki so far this year, from new partnerships and product releases to updates on the development roadmap and beyond. So sit back, relax, and get ready to catch up on all things Floki!

January

Binance Pay Partnership

Floki started the year off by making headlines once again, this time with a strategic partnership announcement with Binance Pay. Binance Pay, a subsidiary of the popular crypto exchange Binance, has been chosen as the main crypto payments service provider for the newly launched Floki merch store, Shop Floki.

For those unfamiliar with Binance Pay, it is a crypto payments feature within the Binance app that allows users to make secure user-to-user payments from within the app. With over 15 million users, Binance Pay is widely considered to be the industry leader in the world of crypto payments. This partnership with Binance Pay is a major milestone for Floki as it marks a significant step towards wider adoption and mainstream recognition.

Floki DAO Successful Vote Proposal

In addition to the partnership with Binance Pay, Floki has also made waves recently with its latest DAO vote. Floki’s recent DAO vote focused on two key issues: the cross-chain bridge and the 3% transaction tax. The DAO voted to permanently burn 4.97 trillion FLOKI tokens in the main bridge and reduce the transaction tax to 0.3%. 

The proposal passed with a 99.97% majority. The token burning was initially worth $55 million and increased to $102 million by the end of the vote. This move highlights Floki’s dedication to decreasing token supply and increasing scarcity, which could lead to an increase in token value.

February

Start of a Chinese Marketing Campaign

Floki plans to capitalize on China’s projected economic growth and its potential impact on Chinese crypto adoption by launching a Chinese version of its flagship project, Valhalla, this year. With over 700 million gamers and an estimated $45 billion in video game revenue, China’s massive gaming market presents a significant opportunity for Floki. 

The company has also translated its whitepaper to Chinese and is translating its website to better accommodate Chinese users. Strategic marketing initiatives are also in place to ensure Floki and Valhalla adoption in China.

Exclusive Marketing Partnership with The India Maharajas

Floki announced an exclusive marketing partnership with The India Maharajas, a team of cricket legends. This partnership will provide Floki with exposure to over 700 million cricket fans worldwide. As the shirt sponsor of The India Maharajas, Floki will be prominently featured in several major cricket games during the upcoming Legends League Cricket Masters event in Asia Town Cricket Stadium, Doha, Qatar.

Legends League Cricket has a massive following, especially in India and Asia, which is expected to fuel the next wave of crypto growth. With an average TV rating that is 300% higher than any other international T20 league, Legends League Cricket reaches over 250 million fans worldwide. Floki’s branding will be featured on practice uniforms, fixed perimeter brands, giant screens, and social media platforms, introducing the brand to millions of young cricket fans.

Uqiud Partnership

Floki made another major stride in February by announcing its integration with Uquid, an industry-leading Web3 shopping platform. This integration allows Floki Vikings to purchase over 120 million items listed on Uquid Shop using their FLOKI tokens, seamlessly and securely.

Uquid is the world’s first Web3 shopping marketplace and the biggest crypto-adopted ecommerce platform. With its partnerships with Binance Pay, Ledger, and Polygon, Uquid enables users to buy physical and digital products, as well as NFTs. Floki’s integration with Uquid is another significant step towards wider adoption and increasing mainstream recognition for the FLOKI token.

March

Floki Branding and Messaging Featured in Real Madrid CF Games

One of Floki’s latest marketing campaigns involves a strategic partnership with Real Madrid CF, the world’s biggest football club. As part of this campaign, Floki branding and messaging will be prominently featured on the virtual perimeter board overlay in the Asia Pacific region (APAC) during Real Madrid’s remaining home games. This move is expected to introduce Floki to hundreds of millions of Real Madrid fans in the APAC region, which includes countries such as China, India, South Korea, Taiwan, Hong Kong, Australia, Singapore, and Japan.

Real Madrid CF is widely recognized as one of the most successful and dominant football clubs in history. With 69 major trophies, including 14 Champions League titles, the club boasts an annual global viewership in the billions. They play from the soon-to-be revamped Estadio Santiago Bernabéu in the heart of Madrid, which reflects both their rich history and their ambitions for the future.

Partnership with Kings League Infojobs

Floki’s partnership with The Kings League Infojobs is a significant milestone in its marketing campaign. With millions of fans across the globe, the league presents an ideal opportunity for Floki to reach new audiences and showcase its brand.

The Kings League Infojobs partnership is part of Floki’s overarching strategy to expand its reach and promote its brand in various industries. Partnerships with established brands and organizations such as Real Madrid and The India Maharajas help Floki gain the recognition and trust it needs to succeed in the highly competitive crypto market.

Crypto.com Listing

What’s Next?

We haven’t really touched upon all of the developments in the Floki ecosystem, but even this overview became almost too long. And all of the above was completed in under 3 months! We can’t wait to see what the rest of 2023 has in store for Floki.

All of it shows the work ethics and the dedication of the team behind the project. While it is difficult to make any sorts of predictions, with its strong focus on utility, commitment to its core values, and vibrant and growing community, Floki is poised to make a significant impact in the world of cryptocurrency in the years to come.

Where to Buy or Swap FLOKI?

If you don’t want to deal with pesky registration and KYC procedures or store your funds on a centralized exchange, you can swap FLOKI using the non-custodial exchange. By using Swapzone you can select out of all available FLOKI offers and always exchange it at the best rates and conditions, without commission or limits.

Here are some simple steps to buy FLOKI on Swapzone:

1. Select the Floki swap pair (for example ETH to FLOKI).
2. Enter the total amount of ETH you are going to exchange.
3. Choose the best ETH to FLOKI swap offer.
4. Click on the Exchange button.
5. Enter your wallet address to receive Floki to your wallet.
6. Send your ETH deposit to the generated address.
7. Wait for your ETH-FLOKI swap to be done.
8. Receive your FLOKI to your wallet!