Shiba Inu to appoint interim president – here is why that matters

Shiba Inu to appoint interim president – here is why that matters

2 minutes, 38 seconds Read

Tl; Dr.

  • Shiba Inu introduces his very first democratic process to appoint an interim president through a multi-phase election with open nominations, debates and definitive mood.
  • Chief developer Shytoshi Kusama announced a shift to the board led by the community, causing Shib-Walvissen to be encouraged to go to the position.

The elections

Earlier this month, the popular Meme Coin project Shiba Inu celebrated His fifth birthday. In the past six months it underwent countless developments, while Shytoshi Kusama unveiled The following: The election of an interim president.

The main developer said that the appointment of such a figure will take place after ‘fair elections’, while voting continues three sessions.

“The first allows everyone to be nominated, while the top 10 goes to the debate phase. Debats will take place live or recorded on various platforms and times, while a secondary mood to find the top 3 will take place after a week,” is the announcement.

It is important to mention that everyone can nominate themselves for the position and be obliged to make a profile to give the community some information about who they are.

The final vote takes place one week after the debates between the three remaining candidates. The designated president will be responsible for the well-being and the future vision of the project and the correct implementation of the guidelines of the Shib papers.

“They have to implement the first congress (consisting of the four DAO councils), which is as the inter-branch Dao mentioned in the Shib paper. The most important thing is that they are responsible for the community of millions and the financial responsibility of a 7 billion dollars,” Kusama added.

According to the developer, the perfect candidate “technological ability, relentless dedication and flawless vision must combine.”

Last but not least, Kusama ordered that the president was a whale in the Shib community (an investor who has significant interests of the meme coin).

“For this reason, I propose a multi-vote system for this election 1 token = 1 voice for all ecosystem tokens. In this way, whales must win hypothetically, that is aligned Because they have the most skin In our success. Moreover, I beg the community to close, control and learn about all candidates, “they advised.

What about Kusama?

The main developer argued that they were considered responsible for completing the vision of Ryoshi. For the non -ingwrden, Ryoshi is the pseudonym of Shiba Inu who has not unveiled their identity.

Kusama said that their role is now with the community, but said they will continue to post details about the election date and other updates.

“We will continue to work on innovation, and closely with the treat DAO and strategies in it, and will continue to pursue our vision and often contribute to the ecosystem of DAOS. In this way we remain as appreciated Shibizens of a system that we helped in building nothing,” concluded the developer.

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