Home Community Insights VOXEL is championing Vision for Decentralized traction on Shibarium

VOXEL is championing Vision for Decentralized traction on Shibarium

VOXEL is championing Vision for Decentralized traction on Shibarium

VOXEL, the native asset of the tactical RPG game Voxie Tactics, says it’s championing the vision of lead Shiba Inu (SHIB) developer Shytoshi Kusama of creating a decentralized Shibarium that embraces every other crypto project. VOXEL is a gaming altcoin infrastructure backed by digital asset exchange Binance and it’s throwing weight behind the much-anticipated crypto project Shibarium.

In a statement VOXEL intends to push Shibarium to dozens of its partners.

Proud to announce that Voxel X Network is fully supporting Shytoshi Kusama’s vision for a decentralized Shibarium that welcomes all projects, Voxel X will actively promote Shibarium with our 75+ strong listed partners.” 

Tekedia Mini-MBA edition 15 (Sept 9 – Dec 7, 2024) has started registrations; register today for early bird discounts.

Tekedia AI in Business Masterclass opens registrations here.

Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.

The image apparently shows VOXEL has applied to be part of Shibarium’s network, although it’s not clear whether they plan to launch their existing project on Shibarium or if they are working on something new.

Last month, US-based crypto exchange Coinbase rolled out support for VOXEL on the Polygon matic network. About a year ago, Binance Labs, the venture capital arm of Binance, announced that it invested $1.1 in AlwaysGeeky Games, the developer behind Voxies Tactics.

Shibarium is a layer-2 protocol built on top of the Ethereum network, similar to Polygon and Optimism. Earlier this week, the Shiba Inu ecosystem launched the “Join Shibarium” portal, which is open to anyone interested in the much-hyped project. The portal has already witnessed a tidal wave of interest, receiving thousands of responses, according to Shytoshi Kusama.

Relatively, Shiba Inu’s rate of token burns has skyrocketed nearly 8,000% as the SHIB community welcomes yet another listing from a major crypto exchange.

According to Shibburn, which keeps track of SHIB burning, the burn rate suddenly exploded 7,900% on Friday as 43 million tokens were burned in a single day.

At time of writing, over 410 trillion SHIB tokens have been burned from the supply forever, or sent to a dead Ethereum address where they cannot be retrieved.

The Shiba Inu community began burning tokens in 2021 when Ethereum creator Vitalik Buterin burnt 90% of his SHIB stash and sent the rest to charity. Since then, SHIB has slowly been taken out of supply via the Dogecoin rival’s burn mechanism.

Shiba Inu’s accelerating burn rate comes as BTCC, a crypto exchange with over $9 billion in daily trading volume, announces surprise support for SHIB.

The Bobby Lee – founded exchange said on microblogging platform Twitter that SHIB had arrived to its platform, along with multi-chain ecosystem Conflux, payments-focused Alchemy Pay, layer-1 blockchain Core, and two other small crypto projects.

No posts to display

Post Comment

Please enter your comment!
Please enter your name here