- April 4, 2022
Shibnobi continues its ecosystem creation – launches Rate My Sensei (RMS)
The Shibnobi team continues to reach new heights as it announced the launch of Rate My Sensei (RMS), where users…
The Shibnobi team continues to reach new heights as it announced the launch of Rate My Sensei (RMS), where users can rate popular crypto content creators by a set of criteria which will provide a score representing influencer credibility.
With its overarching goals of increasing real world accountability within the crypto ecosystem, the team saw a need for this rating system which will aid in bringing clarity to the quality of influencers and their content. These ratings will allow buyers to know if an influencer has a good reputation based on a real, measured track record and to reduce the possibility of losing their hard-earned money due to an influencers lack of expertise, effort, negligence, or worse.
With a user-based rating and positive pressure the use of this system will have on the community, influencers will be more inclined to provide improved content, both for content sponsors and consumers, which provides real value. Content sponsor will know that they will not be shortchanged by expensive influencers without a commensurate content value, and content consumers will know that influencers would have been rated in terms of a real track record.
Dubai Expo Event Recap and Partnerships
During a recent trip to Dubai in the United Arab Emirates (UAE), the team reportedly secured partnerships with two crypto projects, Piccolo Inu, a project that is designed to be the community token of stakeholders, and Selena Inu, a decentralized multipurpose token created exclusively for the masses. They have applied to Shibnobi for listing on Dojoswap soon to increase their exposure and value within the crypto community.
Upcoming Dojoswap Plans
The Shibnobi team had originally intended to launch a bridged token on Polygon and Binance Smart Chain (BSC), however, they decided it wasn’t viable for the project at the time. Since this time, the parameters of the original decision have changed and the Shibnobi team is revisiting a plan to launch SHINJA on these chains to accommodate the multi-chain functionality within DojoSwap.
Cliff Fettner, CEO of Shibnobi, has reintroduced launching of the Shibnobi token on these networks to take advantage of their benefits, for example, Dojoswap’s soon to be released cross-platform staking, as well as a burning mechanism that will integrate effortlessly on other chains and allow users to operate on multiple chains at a very low gas cost.
The team believes that the cross-chain function will allow more frequent passive burns and staking of SHINJA on other networks as it drives additional volume from segments of cryptocurrency buyers who do not have access to one of the CEX (centralized exchanges) that SHINJA is listed on, as well as are not wanting to purchase on Ethereum due to the very high gas costs. Cliff has a strong belief that this would not result in negative price action, which was the original barrier to this approach. Shibnobi has not seen substantial negative price action from the various CEXs where SHINJA is listed, where they have a similarly low cost of trading. Shibnobi believes, as per the CEX listings, that there will be arbitrage opportunities, however the cost will normalize over time between all chains and exchanges.
Shibnobi made its debut into the crypto ecosystem in November 2021. It is the world’s most deadly Shiba that aims to provide passive income to users through a reflection mechanism. Shibnobi’s Dojoswap is a multi-chain swap platform where you can trade different cryptocurrencies for profits. This platform supports a wide range of blockchains, including Polygon, Cronos, Binance, and Ethereum.
$Shinja, the platform’s utility token, is used to power the Shibnobi metaverse. The team has listed the token on popular exchanges, including ProBit, HotBit, Lbank, Fegex, BitMart, and Uniswap.