A recent announcement made by the developers of the L2 network, Unification, reveals that Shibarium’s alpha and public testnets are still scheduled for launch by the end of the third quarter of 2022 (end of September).
“Unification’s advisory work with Shibarium continues toward the fourth successful alpha and public testnets, still in plans for end of the quarter release or sometime shortly thereafter.”
According to the declaration, the developer and delegator sectors will be the primary focus of Shibarium’s public beta testnet. After the L2 blockchain is officially launched, the move will create a robust network that will serve the Shiba Inu community.
Furthermore, Shibarium’s upcoming public beta testnet will expand the opportunity for open testing to identify and fix bugs. As a result, the layer-2 network will have a secure and safe mainnet launch at the appropriate time.
“The initial public beta testnet will focus on the developer/delegator sector in order to enable a robust and ready network to serve the Shib Army once ready.
The public beta will also allow for much more open testing and bug fixing, ensuring a secure and streamlined mainnet launch.” In an announcement, Unification stated.
Battle Of “The Memecoin” Stigma Continues
It is worth noting that Shibarium is one of the many ways Shiba Inu plans to shed its memecoin nickname. In recent months, the Shiba Inu team has made significant progress toward shredding the title. Shiba Inu has released projects to that effect, such as non-fungible tokens (NFT), metaverse, etc.
Shibarium is an L2 blockchain powered by Ethereum. In terms of overall functionality, the network is expected to match Polygon, an Ethereum-based layer-2 proof-of-stake (PoS) chain. Shibarium will host all Shiba Inu’s projects, including the NFT, metaverse, and upcoming play-to-earn game.
Meanwhile, the fact that Shibarium’s public testnet launch date is approaching did not affect the cryptocurrency’s price. SHIB, the native token of Shiba Inu, is currently trading at $0.00001203 and is down by 1.3% in the past 24 hours, according to data gathered from Coingecko.