In answer to questions from fictitious Unification validator Ringoshi Toitsu, Unification Foundation Chief Product Officer Maziar Sadri has disclosed that the Unification team continues to play a lead advisory role on the Shibarium project beyond the beta release.
On March 18, Sadri revealed this in a Telegram conversation. The team was hired to create the Ethereum Layer 2 solution.
Particularly, Toitsu questioned if enough work had been done on the Ethereum Layer 2 solution for the Shiba Inu ecosystem for the team to switch their attention to Other projects.
According to Sadri, “The foundation continues to work on Shibarium] as a lead technical and architectural advisor on the project.
However, this work is also highly synergistic to internal development given the scale and utility of usage of Unification’s product in the project (including UNoDE & OoO).”
Toitsu tweeted about the conversation.
Unification Foundation Projects to Launch on Shibarium
To assist established enterprises wishing to participate in Web3 and Web3 native projects, the Unification Foundation—the creators of the blockchain bearing the same name—offers a blockchain toolkit.
It was hired to construct Shibarium and was crucial to the creation of ShibaSwap.
The organization is also working on initiatives like PawZone, a planned NFT marketplace, and WoofWork, a proposed freelance marketplace, all preparing to launch on Shibarium.
The Oracle of Oracles (OoO), which provides price feeds for on-chain and off-chain assets in decentralized applications (DApps), is one of the main tools the Unification Foundation provides.
It is marketed as being adaptable, permissionless, and open-access.
Related: https://fxcryptonews.com/unifications-fund-liquid-staking-derivatives-to-add-utility-for-shiba-inu/
Moreover, UNODE, slated for release later this year, promises to decentralize node operation for chains compatible with the Ethereum Virtual Machine (EVM).
Sadri noted that Shibarium would make use of these items.
Remember that after more than a year of development, the beta version of the protocol went live at the beginning of this month to some mixed reviews due to now-discredited rumors that the code was stolen from another project.
Read Also:
