Shiba Inu launches a new tool to stimulate innovation among memecoins
Shiba Inu Launches WHY Combinator to Drive Purpose-Driven Innovation in Meme Coin Ecosystem
Shytoshi Kusama, the lead developer of Shiba Inu, announced the launch of the WHY Combinator, a comprehensive decentralized technology stack designed to empower projects within the meme coin ecosystem.
The initiative aims to identify and support projects with a clear purpose by asking the fundamental question: “Why does this product or startup need to exist?”, reports Cryptopolitan.
WHY Combinator: A Roadmap for Purpose-Driven Innovation
The WHY Combinator will serve as a guiding principle for the Shiba Inu community, influencing the ecosystem’s programming and selection of projects to support. By encouraging founders to align their innovations with meaningful goals, the Combinator is expected to foster impactful contributions to the ecosystem.
The first cohort under the WHY Combinator will demonstrate how Shiba Inu’s network state “operating system” can drive adoption and revenue generation through its DAO, potentially boosting SHIB’s adoption.
Introducing the 36 “Chambers” of Technology
In tandem with the WHY Combinator, Shiba Inu unveiled the 36 “Chambers” of Tech, a suite of over 30 cutting-edge tools and platforms designed to compete with large ecosystems. These include AI-powered applications, a fully homomorphic encryption (FHE)-enabled Shibarium, Web3 games, a Metaverse, and decentralized identity solutions.
This technology stack aims to enable developers and innovators worldwide, ensuring that Shiba Inu remains a competitive player in the blockchain space. According to Kusama, these tools are the result of consistent development during the bear market.
TREAT Token and the Expanding Role of BONE
At the heart of the WHY Combinator ecosystem is TREAT (Transactional Rewards for Engagement & Access Token). TREAT is designed to reward community engagement and motivate ecosystem activity. The token will be listed on major exchanges like Bitget, Gate, Kucoin, MEXC, and Aura on its launch day, signaling significant market interest.
Meanwhile, Shiba Inu developers are expanding the utility of BONE, currently used as Shibarium’s gas token. Plans are underway to enable BONE to power Layer-3 solutions, allowing Shibarium to serve as both a settlement and data availability layer, further solidifying the ecosystem’s technical capabilities.
Recently we wrote, that most traders on Pump.fun, a decentralized Solana-based memecoin creation platform, have yet to realize significant profits, according to recent data.
