Shiba Inu: Internet-Breaking development is happening in “slow motion”

Paigambar Mohan Raj
Source: NDTV Gadgets 360

During a late January Discord AMA session by Shiba Inu, lead developer Shytoshi Kusama revealed that a particular deal was 98% locked, and the development would “break the internet.”

In the Welly Discord, a user recently asked Kusama about the internet-breaking news. To this Kusama replied,

“You’re watching it being built in slow motion…most people just haven’t realised it yet.”

Kusama also mentioned that the Shiba Inu team is working on numerous things at the same time without a large VC investment or corporate overlord, which takes considerable amounts of time.

However, he did say,

“But I think all will be pleased.”

While some speculated that the John Richmond NFT partnership with SHIB was internet-breaking news, it appears that this is not entirely correct, but could be a part of the bigger picture.

The revelation that the internet-breaking development is happening in slow motion corresponds to the Shiba Inu roadmap. Instead of committing to delivery deadlines and rushing projects, the team appears to have taken a more careful approach, avoiding speedy turnarounds for its numerous initiatives.

There is a little hint as to what the development could be, and Kusama is probably the only person who can answer the internet’s questions about the same.

Over the last month, the Shiba team has published a slew of new projects. In mid-April, the Shiba Inu metaverse, SHIB: The Metaverse began the bidding for its “lands“. On the first day of the ‘land sale,’ Leash holders spent Ethereum worth $20 million to mint said lands. Then came the Shiba burn portal, destroying more than $500,000 worth of SHIB in the process.

Although Shiba Inu is one of the most popular tokens out there, it still fell prey to the recent market crash. At press time, SHIB was trading at $0.00001745. The project is down -19.2% on the 7-day chart, and a whopping -8% on the daily chart.