Altcoins

Shiba Inu Lead Says Shiba Eternity Not Part of K9 Ecosystem

Shytoshi Kusama was quick to clarify a misleading comment from K9 Finance’s co-founder that the gaming sensation Shiba Eternity was part of the K9 ecosystem.

Pseudonymous Shiba Inu lead developer Shytoshi Kusama has clarified that Shiba Eternity is not part of the K9 ecosystem. Kusama responded to a tweet by K9 Finance’s co-founder, Buzz, who made a comment in that regard.

Buzz quoted a tweet by Seizan Shib, a K9 community member who was organizing a live stream for K9 Finance DAO’s Bonecrusher Testnet. The Bonecrusher Testnet was a session highlighting the progress of K9 Finance DAO’s liquid staking project, set to launch on September 18.

While encouraging users to join the live feed, K9 Finance’s co-founder noted that there will be promotions for projects on the K9 ecosystem. Among the projects Buzz mentioned were the Living the Dream (LTD) token, Bad Idea AI, and Shiba Eternity.

Kusama Responds

Shiba Inu’s lead developer spotted the comment two days later but didn’t mind clarifying the misinformation seen in Buzz’s tweet. Kusama stated that Shiba Eternity was not in the K9 ecosystem, implying that it remains in the Shiba Inu ecosystem.

Shiba Eternity is a popular card trading game based on the Shiba Inu ecosystem. It debuted in 2022 and has gained traction within the Shiba Inu ecosystem and the crypto community at large.

The Shiba Eternity game is a two-player online game. Players utilize spells and cards to reduce their opponent’s life to zero. Before now, the game was only playable as a Web3 game, but the Shiba Inu team is making progress to integrate it on the Shibarium network. The deployment has already made significant progress, as the closed beta version was launched for testing last week.

On the other hand, the K9 ecosystem is a decentralized autonomous organization (DAO) that is bringing liquid staking to Shiba Inu’s layer 2, Shibarium. K9 Finance and Shiba Inu entered a strategic partnership earlier in the year.

The DAO mimics Lido Finance’s operations in the Ethereum network by offering liquid staking and yield generation to BONE stakers. K9 Finance’s DAO is also the home of KNINE, a governance token within the ecosystem.

Buzz Shib Apologizes

After the Kusama comment, the K9 Finance co-founder quickly clarified his statements, noting that Shiba Eterenity was part of the Shiba ecosystem and not K9’s. He apologized to the lead developer and the Shiba Inu community for the misinformation. In response, the community accepted the apology.

I would also like to apologize to the Shib community & @ShytoshiKusama if my tweet caused any confusion.

Shiba is Shiba.

Back to building on Shibarium 🤝

— Buzz.Shib | Shibarium (@buzzdefi0x) August 26, 2024

KNINE and SHIB followed suit on a broader market correction on Tuesday, with the duo down 2.5% and 1%, respectively. SHIB traded at $0.00001475, while KNINE exchanged hands for $0.00001349.

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