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Shiba Inu lead developer Shytoshi Kusama lately printed a brand new weblog put up in regards to the newest developments within the SHIB ecosystem. Nevertheless, whereas the main target of Kusama’s weblog put up was on Shibacals, there was a extra hidden information: Shibarium’s partnership with AI meme token venture Unhealthy Concept.AI.
The venture’s official Twitter account additionally drew consideration to the information, confirming that the partnership is now official. A picture throughout the weblog put up confirmed an summary of all official companions and tokens that belong to the Shibarium ecosystem. Amongst them is Unhealthy Concept.AI.
It’s official @badideaai & #Shibarium partnership pic.twitter.com/pUQMT2FkdA
— Unhealthy Concept Ai (@badideaai) June 21, 2023
Kusama has already spoken out within the AI meme token venture’s Telegram group, expressing his delight that synthetic intelligence (AI) will assist decentralize Shibarium. He wrote:
Due to this BAD group that has given us nice perception about AI for our upcoming tasks. Alongside our different companions like Unification, (and a few tasks I consider will convey large worth to Shibarium) we now have a strong toolset, and plan that features AI, for decentralization. I can’t thanks sufficient. #hailshib that’s one factor that was by no means a nasty concept.
Remarkably, Unhealthy Concept.AI’s instrument already precipitated a stir throughout the SHIB group prior to now few days, however at the moment it was not but clear that it could develop into an official accomplice of Shiba Inu. On Saturday, June 17, the Unhealthy Concept AI bot posted a reply within the Shiba Inu Telegram group to influencer @LucieSHIB’s query about why folks assault the SHIB military.
Sincere reply 😤😞😂Unhealthy Concept x #SHIBARMY pic.twitter.com/p8GukUSxcn
— (@LucieSHIB) June 17, 2023
Shiba Inu Goes AI: BAD Tokenomics
A number of hours in the past, Lucie used Twitter to unfold the phrase in regards to the AI meme token, which she says has solely 908 holders. “I used to be 773 and had no concept it was going to be launched as a friendshib,” Lucie wrote, however she additionally said: “It’s not monetary recommendation! We purchased this as a joke and find it irresistible and stay up for seeing how we implement it sooner or later. In the event you be part of the journey REMEMBER to have enjoyable and Ask Unhealthy Concept.AI questions!!!”
In accordance with the official white paper of the brand new Shiba Inu accomplice, the venture was developed to reply the million greenback query of how humanity and AI expertise can dwell in concord sooner or later. “Will AI be our savior or our downfall?” is the core query of the venture.
To reply this query, the crew has launched BAD IDEA, an “experiment” that mixes AI, blockchain and DAOs in “a dangerous, meme-worthy concoction”, “consider it as humanity’s Hail Mary move, a last-ditch effort to safe our future in a world the place synthetic intelligence threatens to name the photographs.”
The BAD token is at present solely accessible on Uniswap V2 and has a complete provide of 831 trillion BAD tokens. 59% are at present public, the remaining is being held again for growth, advertising and a “Humanity’s Final Hope Fund”. Additionally, there’s a crew allocation of 4.2%.
At press time, BAD was ranked #2772 on CoinMarketcap and had a market cap of round $10 million. Within the final 24 hours, its buying and selling quantity was $1.4 million, up 702%. With a worth of $0.00000001134, BAD has seen a rise of 81% within the final 24 hours.
The Shiba Inu worth is at present dealing with key resistance at $0.00000837, the place the 23.6% Fibonacci retracement degree resides. As outlined within the final worth evaluation, the primary state of affairs has come true. Now, SHIB wants to interrupt above the 23.6% Fibonacci degree and escape of the downtrend channel.
Featured picture from Neural Love, chart from TradingView.com
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