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“Memes are the gateway to cryptocurrency and blockchain”: SHIB developer Kusama
The main developers pseudonyms of electronic money Shiba Inu dog (SHIBAS), Shytoshi Kusama and Kaal Dhairya, gave their first interview to Arabian Business. In the interview published Friday, Kusama and Dhairya revealed previously unknown facts about their past lives.
For example, Kusama, who speaks six languages, was an Uber driver in Los Angeles, in addition to having “done a lot of things,” including “working in music, photography, and bartending.” On the other hand, Dhairya, who is considered a tech genius, was a part-time food delivery driver in New York.
The beginning of the working relationship between Kusama and Dhairya
Kusama’s entry into the world of technology began after meeting a wealthy individual while she was an Uber driver. She explained:
“…one day this super rich guy came up in the back. I asked him, ‘What do you do?’ He said, ‘If you want what I have, get into tech. So I did.”
He started trading cryptocurrency as a hobby, through two cycles over seven years. He invested $4,000 and made a “decent profit on one token.” He later joined the Shiba Inu chatroom, which at the time only had 6,000 members, and invested $3,000 in the meme token.
Around the same time, she came across the first blog of SHIB’s pseudonymous creator Ryoshi, which talked about decentralization. After meeting Ryoshi in a chat room, Kusama began to propose an idea to Ryoshi, which was immediately approved.
However, Kusama realized that she needed support, which she found in Dhairya, having also met him through the chatroom. She asked Dhairya to leave his job and offered him a year’s salary. Kusama said:
“He [Dhairya] trust me this could be a big deal, and in crypto you need at least one person you can trust, otherwise everyone around you is like sand or wind. They always switch to someone they think will make them more money.”
And Kusama relied on Dhairya to get the job done.
Narrating his side of the story, Dhairya said:
“I had a very good understanding of the [SHIB] vision because I was looking at different companies and how companies like Airbnb were growing. When he showed me the vision, I was like, yeah, I get it… I didn’t hesitate to join him.”
Goal: The world’s first trillion-dollar decentralized entity
Ryoshi created SHIB in August 2020 with a specific plan to create five tokens and multiple pieces of technology. This includes SHIB, BONE, LEASH, TREAT (yet to be launched), and a stablecoin called SHI along with multiple technologies such as Shiba Swap. Calling Ryoshi the “Dogecoin killer,” Kusama explained that:
“His [Ryoshi’s] The goal was that if someone could build all these things, then we could surpass Doge.”
Moving forward, the development duo has an ambitious plan for the meme currency. Kusama said the goal is to be the “world’s first trillion-dollar decentralized entity,” adding:
“Less than 5 percent of the world is in cryptocurrency right now. Not only do we see it exploding, but we see memes as the gateway to cryptocurrency and blockchain, and Shiba Inu as the brand that will lead the world from Web2 to Web3.”
A franchise with ethics
According to Kusama, Ryoshi created SHIB as an experiment. Ryoshi didn’t want people to pay for influencers or marketplace ads. Instead, she wanted SHIB owners and developers to do the marketing themselves, “do something cool,” Kusama said.
Ryoshi believed that this kind of cooperation could easily allow them to “build the world’s largest decentralized community,” Kusama added. And the community is still driven by the same spirit.
Dhairya said that SHIB is like a “franchise with ethics”. He explained:
“People are building their own stuff with it, and our job is to give them the ability to amplify their message. And make sure we take some of that market share and bring it back to the foundation, to the community.”
He went on to add that to be part of the SHIB movement, people have to go through a checklist to ensure they are part of the same ethos. He further explained that:
“If you want to do Shiba Coffee tomorrow and you meet our checklist, and you’re part of the picture that we’re creating, and you can take market share from Starbucks and give it back to the community, then the whole community will support you.”
SHIB to see leadership change by year-end
Despite SHIBAS As the 13th largest cryptocurrency, Kusama and Dhairya have no intention of giving up their anonymity. Additionally, Kusama and Dhairya plan to hand over the reins of the project to the community by the end of this year. Kusama said:
“…we are in the lead at the moment, by the end of the [the] year there will be committees of people who will lead certain things.”
Therefore, anonymous developers see no reason to reveal their identities. Moreover, they prefer their anonymity, which they consider invaluable. Kusama said:
“The fact that we can sit here in this bar, with no bodyguards outside, with no one recognizing me, is worth more than any amount of money.”