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TREAT debut: First FHE token on mainnet, CEO claims
On Tuesday, the Shiba Inu Treat token ($TREAT) became available on several cryptocurrency trading platforms, and ZAMA's partner in Shiba Inu, Hindi, emphasized the importance of the token in a recent post on X (formerly Twitter). Like many people, I initially thought Shibainu was a memcoin.
It wasn't until I read their manifesto and dug deeper into their ecosystem that I realized what it really is. A network state is a decentralized community that uses blockchain to bring people together based on shared beliefs - in Shiba's case, that belief is that everyone deserves to have fun. Hindi added: Today, millions of Shibizans use various #Shib products every day. It is one of the most successful ecosystems in #cryptocurrency , and FHE is now a part of it! The CEO highlighted FHE's key role in the Shibizan ecosystem, From decentralized identity to DeFi, from tokens to governance, FHE allows Shibizan to build an entire network of on-chain OS while guaranteeing Shibizan privacy. He also emphasized that $TREAT is just the beginning, and said that Shibaman ecosystem thought leader Shitoshi #Kusama and technical wizards, including Shibaman engineer Kaala Dhairia, are working on a number of products to take it to the next level. He also said: We look forward to a long and productive collaboration between Zama and Shib! . In response, Kusama said: Thank you so much! #TREAT is the first #token to access FHE features. The future is very bright. Read and understand the long term game, friends: $TREAT stands for Transactional Rewards for Engagement and Access Token and is the fourth token in the Shibaura ecosystem. It is designed as a multifaceted token that provides transactional rewards and access to a complex architecture of over 30 advanced technologies that form the foundation of Shibainu's network state. Kyle Samani of Multicoin Capital says, It's ridiculous. It even seems impossible. He called FHE the Holy Grail of cryptocurrencies. Over time, FHE will change the structure of all computing, both web 2 and web 3. Read us at: Compass Investments