As members of the Shiba Inu community look forward to the start of new experiments, the team behind the Shiba Inu ecosystem has released a new message.
In a recent tweet, Shiba Inu marketing specialist Lucy highlighted that the long-awaited experiment called “SHEboshis”, which are ERC-404 tokens/NFTs, has not yet begun.
She warned the Shiba Inu community not to fall for scams as SHEboshi could be minted for free by existing Shiboshi owners when it goes live.
#sheboshi 404 ERC tokens are not yet on sale – SHIBOSHIS holders can claim them for free.
Don’t get scammed!
— 𝐋𝐔𝐂𝐈𝐄 | Shibarimumu⛓️ (@LucieSHIB) February 15, 2024
Movement to protect Shiba Inu breeders
This message marks the latest warning from the Shiba Inu team to our community members. In particular, scammers are devising new tactics every day to steal funds from unsuspecting investors.
These illegal actors typically take advantage of new initiatives within the Shiba Inu ecosystem to defraud users. As her team prepares to launch her SHEboshis, Lucy felt it necessary to issue a warning to prevent members of the Shiba Inu community from falling prey to scammers.
Expectations for SHEboshi are rising
Meanwhile, the Shiba Inu community is eagerly anticipating the launch of SHEboshi, an NFT collection designed to celebrate women and serve as a companion to existing Shiboshi collections.
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The collection, which leverages the ERC-404 Ethereum token standard, is scheduled to launch this weekend. Once published, selected Shiboshi holders will be able to mint some of his NFTs for free for 72 hours.
Once the 72-hour deadline has passed, LEASH holders will be next to mint their NFT collections, and the exercise is expected to last one day. The remaining SHEboshi will then be available for trading on Uniswap and ShibaSwap.
How SHEboshi burns Shiba Inu tokens
Interestingly, a portion of the SHEboshi NFT proceeds will be used to burn Shiba Inu ecosystem tokens, SHIB, LEASH, BONE, and upcoming Shi and TREAT tokens.
as be familiar with In the latest edition of Shib Magazine, SHEboshi’s profits are split into two equal 50% shares.
From the first 50%, 10% burn Shiba Inu tokens (6% SHIB, 1% BONE, 1% LEASH, 1% SHI, 1% TREAT). The remaining 40% will be allocated as follows: 15% to teams, 15% to foundations, and 10% to nonprofits. In particular, the remaining 50% is allocated to finance and expenses.
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