Leading Shiba Inu Developer Condemns Spread of FUD as Crypto Project Launches Shibarium in Beta Form
The lead developer of Shiba Inu (SHIB) is decrying the spread of fear, doubt and uncertainty (FUD) as the crypto project launches the testnet of Shibarium, its new tier-2 project.
In a new blog post, pseudonymous SHIB developer Shytoshi Kusama aims to debunk a rumor allegedly started by a competitor that Shiba Inu creator Ryoshi is actually Sam Bankman-Fried, the disgraced founder of bankrupt crypto exchange FTX.
Citing two “meme proofs” – his love of professional wrestling and his disdain for centralized exchange networks – Shytoshi says it’s not possible for Ryoshi to be Bankman-Fried.
“The biggest FUD and FUDDER goes to a guy who makes a competing product and tries to convince you that [Sam Bankman-Fried] is Ryoshi. Now that the team, and everyone who has ever seen the Ryoshi post, is done laughing, let’s provide two meme proofs that this is not the case.
Ryoshi was a big fan of wrestling. WWF wrestling to be specific. He chose Gifs of people like Macho Man Randy Savage and Ric Flair! At one point we even considered getting Ric Flair for a Shib promo. [Bankman-Fried] wasn’t even BORN at this time. So how could he even know how to walk into a Slim Jim?
More importantly, Ryoshi, as seen in his posts, was NOT a fan of centralized exchanges (CEX) and would NEVER have run one himself. Make better food, make better.
So, as we continue forward, and our former and new brethren attempt to attack the army, produce new R&D, and even YOUR projects… stay strong. We build for a better future. WOW!”
The highly anticipated Shibarium project launched in its beta form last week. The testnet, called “Puppynet”, does not yet support real crypto tokens, but the development team says that once the beta is finished, the platform will create a new ecosystem where tokens can be exchanged using the digital asset ShibaSwap (BONE) to pay for gas fees.
SHIB is moving at $0.000011 at the time of writing, a gain of 2% on the day.
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Featured image: Shutterstock/AlexRoz/Nikelser Kate/WindAwake
