The Shiba Inu Team Warns On The Beta Tokens On The Shibarium Portal Release

Key Points:

• A portal has been made available by the Shiba Inu Layer 2 Shibarium Solution Building Team (SHIB), with the goals of increasing acceptance and broadening reach.
• The lead developer Shytoshi Kusama is hopeful that the newly available site will make it simpler for all developers who wish to build on Shibarium to work with one another and locate the most promising projects on the ecosystem.

A portal has been made available by the Shiba Inu Layer 2 Shibarium Solution Building Team (SHIB), with the goals of increasing acceptance and broadening reach.

Shiba Inu Team has announce that the portal that is provided by Shibarium is intended to serve as a central location for people who seek to contribute to the flourishing ecosystem of Shiba Inu. These individuals include content providers, company owners, and developers. The lead developer Shytoshi Kusama has high expectations that the newly available site will make it simpler for all developers who wish to build on Shibarium to work with one another and locate the most promising projects on the ecosystem.

It is anticipated that Shibarium will greatly speed up transactions while also reducing gas expenses. Its concept is comparable to that of previous Layer 2 systems, such as Polygon (MATIC). BONE will be used as the governance token for the Layer 2 Shibarium system, and users will be required to pay all gas prices on Shibarium using BONE as well. As a response to the anticipation that the community has shown for Shibarium, Shytoshi Kusama has issued a warning to the community that they should watch out for scam tokens that look like Shibarium.

The development team has issued a crucial reminder to every single user that during the beta launch, all tokens and items that are hosted on the beta network are solely for use in testing purposes. Do not let yourself be duped into purchasing anything on Shibarium until we have publicly announced the launch of the Shibarium mainnet. The public release of Shibarium’s beta version is scheduled for the following week. There is currently no date planned for the official product release launch.

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