Shiba Inu Coin Ecosystem Expands To Create The 'Dog Park' - Here's What It Means

Silver coin with a Shiba Inu dog in a shirt, against a blurred background of a green park.

Silver coin with a Shiba Inu dog in a shirt, against a blurred background of a green park.

Shiba Inu Coin's project lead has announced the 'Dog Park' - a new expansion forming part of ‘ShibaSwap 2.0’ designed to legitimise third-party community products on the edge of the SHIB universe.

Shytoshi Kusama announced the Dog Park in their Medium post discussing CoinMarketCap's Shiba circulating supply, and a potential Robinhood listing.

Here's what's in the Dog Park.

Shiba Inu Dog Park

In recent months, SHIB has surged in popularity, hitting one million hodlers over the weekend. As a result, an increased number of scams and tokens have attempted to affiliate themselves with the Shiba ecosystem. Kusama hit out at the “tomfoolery” of those “claiming to be an official part of our ecosystem or others just claiming that I’ve spoken to them or work with them”.

The Dog Park will help Shiba give weight to “a token or business outside of our core, but still part of our larger ecosystem”.

This will work with a redesigned and upgradedSniff Score. The ShibaSniff score previously gave ratings to tokens entering the Shiba ecosystem as a Woofable pair. It will now run from 0 to 100, with 100 being a perfect rating.

Core SHIB elements such as ShibaSwap and the upcoming Shibarium Layer-2 will make up the core ecosystem. Those running on top of Shibarium, for example, would form part of the Dog Park.

Kusama gave the examples of the SHIB Burner playlist, and Empress Princess Butterfly NFTs as projects that could play a part in the wider Dog Park.

The SHIB ecosystem has dramatically expanded within the last six months, with the likes of the Shiboshi NFTs and ShibaSwap. Hodlers have asked the ShibArmy to stop calling Shiba Inu a memecoin because of its newfound utility.

At the time of writing, SHIB costs $0.00005277 - up 0.5% in the last 24 hours.

Read More: Mobile Game Helps Shiba Inu Burn By Destroying SHIB With Ad Revenue

[Image: Executium/Mike Benna]

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