According to U.Today, Shytoshi Kusama, the enigmatic leader of Shiba Inu, recently addressed the SHIB community, discussing a significant new collaboration and the burning of hundreds of millions of meme coins. Kusama revealed that the SHIB team has initiated a partnership with the Content Delivery Security Association (CDSA). This collaboration aims to explore the potential of blockchain technology in the media and entertainment sectors.
Kusama stated, 'We look forward to providing a unique and blockchain-first perspective to CDSA’s work in helping media and entertainment executives better utilize these innovative technologies, especially as blockchain and artificial intelligence converge.' The CDSA, an international nonprofit organization established in 1970, focuses on best practices for the delivery and storage of information technology, entertainment, and software. It emphasizes content security, protection, and authenticity.
With SHIB joining CDSA, the organization is expected to enhance its focus and benefit from the SHIB team’s insights and expertise on using blockchain technology. In other news, Kusama also extended holiday greetings to the SHIB community and invited them to the upcoming Blockchain Life Forum in Dubai, where the SHIB team will showcase their work.
In the past week, the SHIB community has reportedly burned nearly 300 million meme coins, specifically 272,441,541 SHIB, increasing the overall weekly burn rate by 13.2%. In the last 24 hours, the Shiba Inu community has burned a further 3,044,312 SHIB, sending them to unspendable blockchain wallets, resulting in a 95.54% decrease in the burn rate. On Thursday, this metric surged by 48,554%, with 87,760,994 SHIB locked in unspendable wallets.