- 100% Community Consensus for BONE: Precipitate AI integrates BONE as a payment option following a successful governance vote(SHIB).
- BONE’s Expanding Role: Initially a reward token, BONE now fuels Shibarium’s (SHIB) burns and could see a boost from a potential Coinbase listing.
Precipitate.AI, an AI-powered blockchain infrastructure, has officially embraced the Shiba Inu (SHIB) ecosystem by adding BONE as a payment option. This decision comes after a recent community governance vote where BONE secured a unanimous victory (100% of the votes).
Community-Driven Choice: BONE Wins the Vote
The governance vote, conducted between May 20th and 23rd, 2024, offered a choice between BONE and LEASH as the new platform currency. With a single-choice format and a snapshot block at 19,886,694, the vote required a minimum participation of 5 million RAIN tokens. The community handily surpassed this threshold, casting a total of 8.4 million RAIN.
BONE received overwhelming support, capturing all 8.4 million votes. Notably, a single voter, Groovy, died. This significantly influenced the outcome with a 7 million RAIN contribution (approximately 83.33% of the total). Other notable votes included addresses like 0x5e10…d9cA (1.3 million RAIN), 0x6fD7…6cE9 (100,000 RAIN), and smaller contributions.
BONE’s Expanding Utility and Future Potential
Initially introduced as a reward for coin holders, BONE’s role within the Shiba Inu ecosystem has grown considerably. It now plays a crucial role in burning coin tokens on Shibarium, the layer-2 scaling solution for Shiba Inu. This expanded functionality enhances BONE’s utility and adoption within the community.
Furthermore, speculation swirls around a potential Coinbase listing for BONE this year, fueled by reports from Coinpedia Markets. Such a listing would significantly boost BONE’s visibility and liquidity. Coinpedia highlights BONE’s role in governance, staking, and its integration with D3 Global as key factors supporting a potential major exchange listing.
Disclaimer: This article provides informational content and should not be considered financial advice. The views expressed may represent the author’s personal opinions and do not reflect the official stance of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. Crypto Basic assumes no responsibility for any financial losses.