Shiba Inu Team Alerted Its Community On Upcoming NFT Launch
Latest News News

Shiba Inu Team Alerted Its Community On Upcoming SHEboshis NFT Launch

  • The Shiba Inu team has alerted its community about the upcoming launch of “The SHEboshis” NFT collection.
  • This warning announcement was made to prevent scams.
  • Lucie, the Shiba Inu marketing specialist, clarified that the anticipated SHEboshi NFTs have not yet been launched.
  • The SHEboshi collection, utilizing ERC-404 tokens, aims to honor women and enhance the Shiba Inu ecosystem.

The Shiba Inu ecosystem team recently issued an important alert to its community members as anticipation builds for introducing a new project. 

In a statement made by Lucie, the marketing specialist for Shiba Inu, it was clarified that the much-anticipated project known as “The SHEboshis,” a collection of ERC-404 tokens and NFTs, has not yet been launched. 

This announcement comes as a proactive measure to safeguard the community against fraudulent schemes that have become increasingly prevalent.

Lucie’s warning highlights the importance of vigilance among Shiba Inu enthusiasts, advising them to avoid potential scams related to the SHEboshis. 

See Also: Shiba Inu Unveils KNINE Token Launch On Shibarium Amid Market Fluctuations

The initiative is set to allow existing Shiboshi holders to mint SHEboshis without cost upon its official launch. 

This preemptive communication is part of a broader effort by the Shiba Inu team to combat the growing threat of scammers who exploit new developments within the ecosystem to deceive unwary investors.

SHEboshi NFTs: A New Chapter In The Shiba Inu Saga

The SHEboshi NFT collection represents a significant addition to the SHIB ecosystem, designed to honor women and complement the existing Shiboshi collectibles. 

Utilizing the ERC-404 Ethereum token standard, the community eagerly awaits the launch of SHEboshi, with expectations set for its debut this weekend. 

Introducing this NFT collection is a milestone for the community and a strategic move to enhance the Shiba Inu ecosystem’s value and engagement.

Upon the launch, select Shiboshi holders will have the exclusive opportunity to mint SHEboshi NFTs at no cost for 72 hours. 

After this window, LEASH token holders will be allowed to mint the remaining NFTs for one day. 

After the minting phase, the SHEboshis will become available for trading on platforms such as Uniswap and ShibaSwap, facilitating broader access and liquidity for these unique digital assets.

Strategic Allocation Of SHEboshi Proceeds

The Shiba Inu team has outlined a comprehensive plan for allocating proceeds from the SHEboshi NFT sales, aiming to benefit the ecosystem and its stakeholders significantly. 

According to the latest edition of Shib Magazine, the revenue generated from SHEboshi sales will be evenly split, with 50% dedicated to burning SHIB ecosystem tokens—SHIB, LEASH, BONE, and the forthcoming Shi and TREAT tokens. 

This token burn strategy is poised to reduce the supply of these tokens, potentially increasing their value over time.

The remaining proceeds from SHEboshi sales will be distributed across various segments within the Shiba Inu ecosystem. 

Forty percent of the first half will support the development team, the foundation, and nonprofit initiatives, ensuring sustained growth and contribution to societal causes. 

See Also: Two AI-Related Altcoins Rally As OpenAI Launches Text-to-Video Artificial Intelligence Model, Sora

The second half of the proceeds are earmarked for treasury and operational expenses, underscoring the team’s commitment to financial sustainability and the long-term success of the Shiba Inu project.

The Shiba Inu team’s latest advisory underscores their dedication to safeguarding the community and ensuring a secure environment for the upcoming SHEboshi launch. 

This new experiment within the Shiba Inu ecosystem celebrates diversity and inclusion and presents a strategic opportunity for growth and value creation. 

As the community awaits the official release, the emphasis on vigilance and the detailed allocation plan for SHEboshi proceeds reflect the team’s thoughtful approach to expanding the Shiba Inu universe while maintaining a strong focus on security and sustainability.

Disclaimer: The information provided is not trading advice. holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.


#Binance #WRITE2EARN

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.