Shibarium Beta To Be Launched Soon

January 16, 2023

Story: Divya Sinha

As per the latest announcement, Shibarium Beta is about to be launched.

In their company blogpost they have introduced the basic concepts behind Shibarium and what investors can expect.

As per the post, Shibarium is poised to become a powerful Layer 2 blockchain and undergo a transitional evolution into the Shiba ecosystem.

Also, Layer 2 blockchains offer the benefits of scalability, faster transaction times, lower fees, and an extended development framework.

It added that Sibarium's layer 2 blockchain protocol is ready for a variety of industries, including Metaverse, Web3 Innovation, Gaming, and more.

The platform will also support NFTs and has a native token $BONE which is used to pay for gas transactions and reward validators and delegators within the protocol.

At the press time, Shiba Inu price is $0.000011 USD and is up 6.00% in the last 24 hours.