Here's what to expect from SHIB in the coming months.
January 31, 2022: Updated to add ShibaSwap 2.0 and Shiberse to the Shiba Inu Roadmap, alongside updates on the Doggy DAO and Shibarium.
There are plenty of new projects and updates coming to the Shiba Inu ecosystem soon, but without a roadmap to follow, this can be difficult to track.
Since 2021, Shiba Inu Coin (SHIB) has found itself going through an unprecedented period of interest. It briefly overtook Dogecoin (DOGE), and burned over 2 billion SHIB in November through community burns, for example.
Much of this interest in SHIB comes from three things: memes, adoption, and new projects. The likes of NOWPayments, BitPay, and Newegg all now accept SHIB, with AMC coming in the future. Here, we’ll take a look at all the upcoming expansions to the Shiba ecosystem.
Shiba Inu Coin Roadmap
There is no official Shiba Inu Coin roadmap or development timeline, given the decentralised nature of SHIB. However, we’ve created a somewhat accurate expectation of what’s to come for SHIB below.
Doggy DAO
Likely the next step in the Shiba Inu Coin development, the Doggy DAO will be SHIB’s form of community governance.
Referenced in the Shiba WoofPaper and an official blog post, holders of the BONE token will play an instrumental role in future Shiba Inu developments as part of the Decentralised Autonomous Organisation (DAO).
Launching first in its beta phase that gives members the chance to vote on ShibaSwap pairings, we can expect the DAO to launch in 2022.
Shibarium
The Shibarium L2 is perhaps the most-requested SHIB upgrade. This will be SHIB's layer-2, allowing its users to avoid the expensive transaction fees they currently face when using the base Ethereum blockchain for transactions.
Much like most projects in the SHIB roadmap, there's no official release date just yet, but mid-2022 looks likely.
During the SHIB AMA, Shiba Discord mod Queenie said she expected a Shibarium launch within the first half of 2022, although delays could still push this back.
We’d expect updates on this in the coming months, perhaps in Shiba’s project lead Shytoshi Kusama's next Medium post.
Shiba Inu Game
One of the SHIB projects we know the most about are the upcoming Shiba Inu games. First teased by Shytoshi, Australian developer PlaySide Studios will create the Shiba games alongside former Activision developer William Volk.
A multiplayer collectable card game, the Shiba Inu games will launch as a blockchain NFT title, and a more traditional mobile game. It will include 1000 SHIB-inspired cards, including one featuring the Shiba creator Ryoshi.
PlaySide expects development to take eight months, with the game slated for a Q1 FY23 launch - which puts its release around July 2023.
ShibaSwap 2.0
Following the launch of ShibaSwap in 2021, v2 will bring with it a host of features such as a UI overhaul as it transitions into a crypto portal.
There's no release date on ShibaSwap 2.0 yet, however, but we'll bring any updates to you as soon as we get them.
Shiberse
The latest SHIB announcement, the Shiberse will be the Shiba Inu metaverse, although little is actually known about how this will look when it releases.
Indeed, all we have to go off is one screenshot of a Shiba Inu holding a hammer.
As shown in the tweet above, we should expect the Shiberse to come in 2022.
More SHIB projects and Updates
Looking further into the future, and after the release of Shibarium, we should expect to see the release of ShibaNet. ShibaNet will act as Shiba Inu’s dedicated marketplace, allowing users to trade goods and services with the SHI stablecoin.
ShibaNet - much like the ShibaCon idea - is just a concept proposed by SHIB creator Ryoshi in their final Medium post. However, according to Shytoshi, the technology for ShibaNet already works, too.
Of course, for some SHIB holders, all that matters here is how this utility affects the price of SHIB.
While it would be easy to suggest this is all incredibly bullish, and will lead to SHIB losing several zeros, there is never any guarantee of that happening in cryptocurrency. Instead, by adding utility, SHIB may safeguard itself from stagnation and a sharp decline by giving ShibArmy an actual reason to spend and use its tokens.
