Shiba Inu Developer Urges Community to Do Their Own Research

03/06/2023 11:10 • Tech Ticker • 133 views

On March 6, Shetoshi Kusama, the chief developer of Shiba Inu, announced on Twitter that he would no longer pay attention to any projects related to Shibarium, because the Layer 2 solution was more and more wrongly used to promote these projects. Kusama said that he believed in “DYOR” (doing his own research). Therefore, he stressed that if he happened to mention a project, he hoped that the SHIB community could study one or two, instead of following him blindly.

Shiba Inu Chief Developer: will no longer follow any Shibarium-related projects

Interpret the above information:

Shetoshi Kusama, the chief developer of Shiba Inu, publicly announced on Twitter on March 6 that he would no longer pay attention to any projects related to Shibarium. The reason for this decision is due to the misuse of Layer 2 solutions to promote these projects. Kusama has always believed in the importance of “doing your own research” (DYOR) when it comes to investing in cryptocurrency. Therefore, he emphasized that if he happens to mention a project, he hopes that the SHIB community could study them one or two, instead of blindly following him.

Kusama’s message is an important reminder to investors in the cryptocurrency community. It is crucial to research thoroughly before investing in any project. The digital currency market often moves faster than traditional markets, and new projects and technologies appear almost every day. As a result, investors need to stay on top of new developments, but must be cautious when following advice or recommendations from influencers.

Moreover, Kusama’s decision to distance himself from Shibarium projects shows his commitment to ethics and integrity in the cryptocurrency industry. Although it is common to promote projects to increase their visibility and credibility, the misuse of technology or information can result in negative consequences. Kusama’s decision to separate himself from Shibarium projects shows that he will not compromise his principles to promote a project that is not ethical.

In conclusion, Kusama’s message serves as a reminder to the cryptocurrency community of the importance of DYOR. He urges investors to conduct thorough research before making any financial decisions when it comes to cryptocurrency investment. Furthermore, his decision to no longer pay attention to Shibarium projects emphasizes his commitment to ethics and integrity in the industry. The cryptocurrency industry is often full of hype and influences, but sound research and ethical decisions will ultimately benefit investors in the long run.

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Shiba Inu Developer Urges Community to Do Their Own Research

Shiba Inu Chief Developer: will no longer follow any Shibarium-related projects

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