From Shiba Inu to $SHY: Shytoshi Kusama’s New Chapter and the Community-Driven Future

2/7/2025, 6:21:40 AM
Beginner
Quick Reads
$SHY is a new project by Shytoshi Kusama, the chief developer of Shiba Inu, aimed at creating new market opportunities through community-driven card games and token economics to attract more supporters.

Introduction: Shytoshi Kusama’s Farewell and New Beginning

Shiba Inu ($SHIB), as one of the well-known projects in the cryptocurrency field, has attracted the attention of millions of investors and supporters worldwide. AndShytoshi Kusama, as the chief developer of $SHIB, with its innovative thinking in community building, token economy, and market promotion, has become a legendary figure in the encryption field. However, after the huge success of the Shiba Inu project, Kusama announced the farewell to the construction of ShibOS and said on social media accounts, ‘ShibOS; Farewell and Holá! The Next Chapter for Shy’

Don’t fret, read and understand where we are going:”

$SHY is not founded by Kusama, but was launched by the community on the Pump.fun platform and 50% of the token supply was given to Kusama. After receiving 500 million $SHY, Kusama chose to burn tokens worth 2 million dollars at the time. SHY aims to become one of the most powerful CTO (Community-Driven Organization) projects in the Solana ecosystem. $SHY is not just a simple token, but a card game created, funded, produced, and distributed by the power of the community, aiming to drive the development of the blockchain and gaming industry in an innovative way.


Image source:https://x.com/ShytoshiKusama/status/1883641218615382260

The development goals and vision of $SHY

Based on the content of Kusama’s Space, the development goals and vision of $SHY are summarized as follows:

Kusama believes that while concepts like NFT and Web 3.0 are popular in the crypto field, creating a project with actual products has more market potential. In the $SHY card game, players can compete for world domination by controlling different ‘regions’ and dealing with challenges from ‘chaos cards.’ The game is designed with low production costs, and testing and optimization will be carried out through community participation and cost-effective methods. Community members can not only influence the game content, but also help improve the game through their own creativity. Kusama emphasizes that although $SHY is currently focused on the development of card games, it may consider expanding to Web 3.0 or NFT in the future. However, the current focus is to increase brand exposure through the production and sale of cards and bring greater value to tokens such as Shiba Inu.

The success of $SHY relies on strong community collaboration and participation. Kusama points out that the $SHY project does not require a large amount of funding, but instead, it is rapidly brought to market through the collective efforts of the community. He presents a unique marketing strategy: by having community members send a large number of emails to potential card game distributors to draw attention, this approach will showcase the determination and power of the community. By collaborating with professional card game distributors, $SHY can quickly market and sell through platforms like Amazon. Kusama also mentions that a portion of the game’s revenue will be used for the repurchase and burning of Shiba Inu tokens, thereby enhancing the scarcity of these tokens. Additionally, $SHY’s low-cost, high-return business model provides the project with the potential for sustainable development and further enhances its market value through global distribution and expansion pack design. Kusama’s challenge is to complete the production and testing of the card game within seven days to validate the community’s execution capabilities and lay the foundation for the next stage of development.


Image:https://x.com/ShytoshiKusama/status/1884010397017223319

Token economy and community participation of $SHY

The tokenomics of $SHY is well-designed, focusing on community participation and the long-term value of tokens. As the founder of $SHY, Kusama received 50% of the tokens and has already burned all of them. This move not only demonstrates Kusama’s confidence in the project but also shows his willingness to create greater value for the community. By burning tokens, Kusama further increases the scarcity of the remaining tokens, bringing stronger market appeal to the project. Currently, the total supply of $SHY is around 500 million tokens.

$SHY token distribution not only considers the interests of the team and early investors, but more importantly, it provides a wide range of opportunities for community members to participate. Whether it’s through participating in card game design or buying and trading cards, community members can find their place in the $SHY ecosystem. Through these interactions, the community can drive the growth of the project and benefit from the appreciation of the token.

After the decline in popularity, the market value of $SHY has fallen to around $3.67 million in the past two weeks (February 6, 2025). Please trade with caution and be aware of the risks. $SHY has been listed on the Gate.io Innovation Zone. Click to trade:https://www.gate.io/pilot/solana/shytoshi-kusama-shy

Summary and Outlook

Shytoshi Kusama’s $SHY project, driven by the community, combines card games and token economics, demonstrating new market potential. The core idea of $SHY is to enable community members to collectively create, promote, and participate, making it not just a simple token, but a truly community-driven innovative project. From Kusama’s unhesitating destruction of 50% of tokens to the adoption of a low-cost, high-return business model, $SHY fully embodies the concept of community governance and decentralization.

The development of $SHY will depend on the market performance of its card game, the continued support of the community, and cooperation with game distributors. Through globalization expansion and subsequent updates, $SHY may become a landmark community-driven project in the Solana ecosystem. However, investors still need to pay attention to market fluctuations and rationally consider its long-term value. With more innovation joining, $SHY may be able to find its unique position in the integration of blockchain and gaming industries.

Author: Max
Reviewer(s): Mark
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

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