Elusive Leader of Shiba Inu Shytoshi Kusama Reveals Their Big Vision

On Jul 12, 2024 at 12:47 pm UTC by · 3 mins read

Kusama has been able to conceal his real identity for years, causing many people to suggest that he might secretly be Elon Musk.

The leading developer behind Shiba Inu (SHIB), Shytoshi Kusama, has finally broken the silence after granting his first interview with Arabian Business, revealing his identity, how the project started, and the plans for the future.

Kusama has been able to conceal his real identity for years, causing many people to suggest that he might secretly be Elon Musk. However, Shytoshi Kusama has refuted this assertion, stating he would even love to meet Elon and show him how it’s done.

Shiba Inu, a meme coin that started in 2020, had a  bullish rally in 2021 when the coin’s value increased by over 20,000% in just ten months, from January to October 2021. The surge in price placed the coin as the second most-traded coin in 2023, only behind Bitcoin. The anonymous developer revealed that he once worked as an Uber driver and a food delivery courier. However, he now leads one of the biggest decentralized communities in the Web3 space, the ‘ShibArmy,’ which has around 50 million members.

Shiba Inu’s to Dominate the Meme Coin Space

Kusama further revealed that the vision of the Shiba team is to make the coin the first trillion-dollar decentralized entity and be a leader in championing the transition from web2 to web3. He also asserted that memecoin would be the catalyst for the mass adoption of cryptocurrency and blockchain, and Shiba would be the frontrunner. He said:

“Our goal is to be the world’s first trillion-dollar decentralized entity..Right now less than 5 percent of the world is on crypto – not only do we see it exploding, but we see memes being the gateway to crypto and blockchain, and Shiba Inu being the brand that will lead the world from Web2 to Web3.”

Dhairya, a partner to Kusama, was also present at the interview; he emphasized that businesses need to adapt to the web3 era, stating that those who fail to do so will be left behind. He said:

“Businesses will either quickly move into Web3 in the next three to five years or be left in the dust. Some new brand will pop up that will have better engagement, or new revenue models, and the old business models won’t work.”

Also, the duo revealed the roadmap to outshine Dogecoin, which is the King of meme coins in terms of market capitalization. They stated that Ryoshi, who happens to be the brain behind SHIB, has designed a plan to overtake DOGE, which was to build 5 tokens and diverse technologies.

“Ryoshi had a specific plan which was to create five tokens and multiple pieces of technology. His goal was if someone could actually build all these things, then we could overtake Doge. That was also the plan – he was the Dogecoin killer,” they said.

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