A recent Blockbank announcement brings attention to the Shiba Inu ecosystem.
Blockbank, a Lithuania-based neobank, recently announced the addition of Shiba Inu (SHIB) token to its CeFi wallet in a blog post published on April 24, 2023.
A neobank is a digital bank that only operates online without physical branches. They offer various financial services accessible through mobile apps or websites, with a focus on a seamless user experience and low fees. Neobanks use innovative technologies like artificial intelligence and machine learning to personalize their services and provide insights into customers’ spending habits. They often partner with other fintech companies to offer more services, such as cryptocurrency trading or international money transfers. Neobanks provide a cost-effective and convenient alternative to traditional banks for people who prefer to manage their finances digitally.
According to Blockbank’s blog post, users can now deposit and withdraw $SHIB tokens on Ethereum (ETH) and Binance Smart Chain (BSC) networks. The platform also offers trading pairs $USDT, $USDC, and $BBANK to provide users with versatile trading options for their SHIB tokens.
Blockbank’s post highlights the growing popularity of the Shiba Inu ecosystem, emphasizing its decentralized, community-led approach. The $SHIB token has been adopted as a form of payment at hundreds of locations worldwide since its launch in late 2020.
Besides SHIB, the Shiba Inu ecosystem also features other tokens such as $BONE and $LEASH. Blockbank’s post explains that $BONE serves as the governance token, allowing community members to vote on proposals through Doggy DAO, while $LEASH offers exclusive perks to loyal supporters due to its limited supply.
The blog post also mentions several projects within the Shiba Inu ecosystem. Shibarium is a Layer 2 blockchain designed to enhance security and innovation in the decentralized finance space. Another project is Shiboshis, a collection of 10,000 unique Shiba Inu-generated Non-Fungible Tokens (NFTs) on the Ethereum blockchain, with an accompanying game called Shib Eternity.
Lastly, Blockbank’s post introduces “Shib: The Metaverse”, a virtual representation of the Shiba Inu community’s collective history. Blockbank says this metaverse project aims to provide immersive experiences, enabling users to explore and interact with the Shiba Inu universe while offering opportunities for passive income, resource collection, and project management.