Shiba Inu is on the cusp of a big transformation. Lucie (@LucieSHIB), the marketing lead for Shiba Inu, announced via X on October 17 that the Shiba Inu Decentralized Autonomous Organization (DAO) and the Shib Doggy DAO Foundation are “coming soon,” signaling a pivotal shift toward decentralization and community governance.

“The time is sort of here. As we approach the 2024/2025 launch, the Shib ecosystem is on the verge of a transformative shift that may put power into the hands of real holders,” Lucie stated. She emphasized that the upcoming DAO and Foundation are designed to exclude “trolls” and “FUD-spreaders” who don’t hold tokens but may try to influence the project’s direction negatively.

Why A Shiba Inu DAO And Foundation?

The Shib Doggy DAO Foundation goals to legally encapsulate the DAO, ensuring that community decisions are properly executed. “The SHIB Doggy DAO Foundation will legally wrap across the DAO, ensuring that the selections made by the community are properly executed,” Lucie explained. “It’s going to manage assets just like the Doggy Treasury and forestall any future misallocations, providing transparency and security.”

This move is meant to exhibit that Shiba Inu is “a serious player with a long-term vision,” distancing itself from projects that lack sustainable planning and community involvement. The DAO will empower holders of 4 key tokens—SHIB, BONE, LEASH, and the forthcoming TREAT—to take part in governance decisions.

The governance model will likely be divided into 4 distinct areas: SHIB governs the community itself, BONE powers Shiba Inu’s technology, LEASH offers protection and exclusivity, and TREAT empowers and funds community projects.

“A DAO is a governance system where holders of key tokens—Shib, Bone, Leash, and Treat—have the facility to make crucial decisions,” Lucie noted. “This decentralized model ensures that the longer term of Shib is decided by those that imagine in it, not by outside voices or short-term hype.”

Lucie stressed that only real token holders would influence the project’s future. “What’s most significant is that real holders will likely be those making the selections that shape Shib’s future,” she said. “The trolls, FUD-spreaders, and naysayers in Telegram groups won’t have any influence because they don’t hold the keys to the ecosystem.”

She also issued a warning about fake versions of the TREAT token, which has not yet been released. “As I discussed Treat above, remember it hasn’t been released yet,” Lucie cautioned. “So, when you hold any knock-offs, you won’t have the opportunity to take part in the DAO or any ecosystem dApps with them. Follow TREAT (@treatsforShib) for the actual information.”

Because the Shiba Inu ecosystem moves toward this recent governance model, Lucie acknowledged that implementation would take time to perfect. “As this governance system is implemented, it can take time to perfect,” she admitted. “But once it’s fully operational, it can create a perpetual and autonomous system, ensuring the Shib ecosystem is built to last.”

The approaching launch represents a big milestone for Shiba Inu. “The launch is imminent, and the longer term of Shib is about to be put firmly within the hands of those that matter most: the community. Now’s the time to be a part of the revolution,” Lucie concluded. “The Shib Doggy DAO Foundation is proof that SHIB is greater than just hype—it’s a serious movement able to paved the way into the longer term.”

At press time, SHIB traded at $0.00001776.

Featured image created with DALL.E, chart from TradingView.com