WEF Seeks Shiba Inu's Help In Shaping Metaverse Global Policy; Kusama Seeks Community's Opinion

Shytoshi Kusama, the pseudonymous lead developer of the popular dog-themed altcoin Shiba Inu, recently asked the Shib Army for their opinion about the invitation the team received from the World Economic Forum (WEF).

The Shiba Inu team was invited to a seat at the table by the WEF, but staying true to its promise that the ecosystem is community-centered, Kusama wanted the Shib Army to decide whether the Shiba Inu project should work with the international non-government organization. The lead developer conducted a Twitter poll and explained that the invitation "pertains to their MV global policy," noting that the decision to attend is not up to the development team but to the community.

Kusama said that if the Shib Army decides that the team takes the invitation, they would be sitting next to other global giants like Meta, SAND, Decentralized and policymakers "and would help shape global policy for the MV [Metaverse]." The poll amassed over 17,000 votes as of 1:10 a.m. ET Wednesday. At least 63.1% agreed that the team should work with the WEF on metaverse, 26.5% said the team should not accept the invitation and 10.4% noted that the invitation does not matter to them at all.

A Twitter user who goes by the handle ShibInformer told Kusama to attend but for the purpose of just letting the WEF know who the Shib Army is. "Do it. But go there just to let them know who the #Shibarmy is, and how it can act as a force of good. They are definitely not friends of decentralization. So be cautious about their suggestions," the user said.

Another Shib Army who goes by the Twitter handle @Joly_yourday advised the lead developer that "if you stay on the sidelines and remove yourself from conversations/policy forming, the decisions will be made without any input from the #ShibArmy We all should realize that policies are not a matter of 'if' but rather 'when' and 'how.'"

The Shiba Inu team is currently working on its own version of the metaverse dubbed "SHIB: The Metaverse" and started introducing "Shiba Lands" in February 2021. The initiative is currently under development by The Third Floor.

Shiba Inu, the native token of the Shiba Inu ecosystem, has received a pummeling from the harsh crypto environment. Over the past months, its price has fallen by roughly 80%. SHIB has slowly pulled its price and was trading up 7.07% at $0.000009014 with a 24-hour volume of $197,161,987 as of 1:24 a.m. ET on Wednesday.