Who Is Building SHIB’s Own Blockchain, Shibarium?

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Who is building SHIB’s Own Blockchain, Shibarium?

We all know that SHIB is going to have its own blockchain, Shibarium, coming out very soon, but who is building it out? 

On Feb 5, 2022, SHIB INFORMER sent out a tweet on this.

Unification is building SHIB’s Own Blockchain Shibarium.

Who is Unification?

Unification is a company that creates blockchain tools for businesses.  Its head office is located in Singapore.  According to its website, its own cryptocurrency is Unification (FUND); and its xFUND token is an “on-chain governance and access token for the Unification Oracle of Oracles” and its Defi ecosystem and products. FUND  and xFUND are different tokens run on different mainnets.  According to Unification’s whitepaper, it aims to build blockchain tools for stablecoins, the gaming industry, and healthcare systems.

On April 10, 2022, Unification released a medium post stated that Shibarium would be a layer 2 network that would allow fast transactions with low gas fees.  Shibarium would also be “optimized for gaming” and “support open source projects with large utility”.  The Shibarium TestNet was expected to be coming out soon in  2022.

(Please scroll down to the Shibarium section close to the bottom of the Medium post to read more).

Disclaimer: Our articles are for educational purposes only and NOT financial advice. For your own personal investment decisions, please do your own research and consult a financial advisor. Good luck investing.

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