Benzinga - Shytoshi Kusama, the mysterious lead developer of Shiba Inu (CRYPTO: SHIB), hinted at massive plans for the ecosystem while responding to Ethereum (CRYPTO: ETH) creator Vitalik Buterin's skepticism of projects lacking long-term ambitions.
What Happened: Buterin took to social platform X to express displeasure with the mushrooming of celebrity memecoins lately.
He questioned the motivations behind such cryptocurrency projects, which he believed were just benefiting celebrities and early adopters.
He outlined a list of desirable traits in a celebrity cryptocurrency project that would pique his interest. Among them was the project serving some public-good goal like charity, offering some other dynamics apart from just trading the token, and finally, making something that could last for more than 10 years.
Couldn't be better timing. Walking into a meeting now to close exactly this. Well, almost exactly- we are thinking much bigger than this and on a massive scale. I'll show this to the team for validation. Thanks Woofmeister.