Shibainfinity – 50 Million Shinu Tokens Burned on Solana and Minted on Cardano, Begins Token Pre Sale on Cardano Network

On Feb 12, 2022 at 6:38 pm UTC by · 3 min read

Shibainfinity announces to have a token integration with Cardano smart contract platform.

Shibainfinity announces to have a token integration with Cardano smart contract platform. As part of this partnership, the Shibainfinity.org team burnt a total of 50 Million SHINU tokens on the Solana Network and 50 Million tokens minted on the cardano blockchain as WrappedShinu token which will be sold and distributed under cardano network. Shibainfinity will also develop new infrastructures in the future as its metaverse continues to gain traction and interest.

Shibainfinity has a multi-chain vision of the future and sees great potential to reach new users from Cardano community scalability network in a cost-effective way.

Click on the link to purchase Shinu tokens on Cardano and Solana network.

Cardano Scalability Advantages

Cardano (ADA) is one of the largest proof-of-stake platforms that ensure higher power use efficiency compared with traditional proof-of-work platforms. Cardano specializes in providing smart contracts’ functionality, and it may be viewed as one of Ethereum’s competitors.

ADA provides users with additional opportunities to participate in its governance and policy improvements. ADA’s current price is $1.04 with the total market capitalization being equal to $34.8 billion, making it the 6th largest crypto project in the market.

Cardano tries to find the optimal balance between scalability, security, and decentralization. The improvements in scalability are perceived as the major strategic priority for the management for the following year in an attempt to strengthen Cardano’s competitive positions in the market.

The following on-chain measures are taken by ADA management to address the existing scalability challenges: the block size increase up to 72 KM; optimizing block propagation times; ensuring memory improvement through stake distribution; and new smart contracts optimization solutions. In addition, such off-chain measures as side chains and isomorphic channels aim at increasing the platform’s productivity in the near future.

Virtual Museum

Each NFT in our museum has a specific location and frame. ShibaInfinity has already unveiled both version 1.0 & 2.0 view of the museum. Given the level of commitment from our developers,

The museum is set to be in full operations before the end of 2022 Q2.

About Shibainfinity

ShibaInfinity is a play to earn gaming protocol and Virtual world with real time NFT usecase where participants can earn tokens through skilled gameplay and contributions to the development of Shibainfinity virtual world. Players can battle, collect, raise, and build a land-based kingdom on the metaverse.

Shinu token is currently available for both Solana and Cardano communities here.

The remaining products are expected to be completed and officially put into operation by the end of Q1, 2022.

Shibainfinity will become a support platform for NFT Games on the Cardano network, creating an incentivized ecosystem for crypto gamers, developers, and crypto community. Therefore, all users can develop their NFT of GameFi ecosystems on Shibainfinity metaverse.

In addition, the NFT Bridge makes it easier and faster for gaming partners to transfer their NFTs between both networks. Combining all the above applications with NFT Staking, gamification projects on Shibainfinity is predicted to be more explosive than ever.

The Shibainfinity team is also working towards fulfilling a grant to support their development and deployment on the projects network.

How to Buy Shinu Token

Following the integration of Shinu token to Cardano networks, Both Cardano and Solana users can participate in Shinu Token Pre sale using their native token (ADA & SOL) to become an early adopter.

ShibaInfinity Community: Twitter, Instagram, Telegram.

Share:

Related Articles

$SNUKE The Next BONK? New Solana Meme Coin Raises Over 250 $SOL in a Few Days

By April 30th, 2024

The cryptocurrency community is buzzing about $SNUKE, a new meme coin on the Solana blockchain, which has quickly gathered momentum by raising over 250 $SOL in just three days. 

Solana-Based Meme Coin Bonk Killer Hits $328T Market Cap to Trap Investors

By April 30th, 2024

Bonk Killer amassed a market value swiftly. Howeve­r, this growth halted abruptly when traders found the­y couldn’t sell their tokens.

Expert Who Predicted Market Collapse in 2022 Shares Grim Outlook for Ripple (XRP) and Cardano (ADA), Reveals Best Altcoin for 2024 Bull Run Gains, Currently Priced Under $0.03

By April 29th, 2024

While he sees a grim future for known players such as Ripple (XRP) and Cardano (ADA), he has made a bullish wager on an unexpected contender: Hump (HUMP).

Exit mobile version