Shiba Inu Lead Launches Fund to Empower Female Creators on Shibarium

Following massive contributions from several parties, the fund has now raised a whopping $50,000 to provide support for women in blockchain.

Shytoshi Kusama, the community-appointed Shiba Inu lead, recently launched a fund dedicated to the empowerment of women in blockchain, as well as female creators on the layer-2 network Shibarium.

The development was uncovered in an exclusive piece from the prominent American business magazine Forbes. Charlie Fink, a Forbes contributor, disclosed that he had spoken with Marcie Jastrow – Shiba Inu’s Metaverse Advisor – and Shytoshi Kusama at the third annual International Women of Blockchain (IWB) conference in Washington, DC.

According to the article, Kusama launched a fund aimed at providing support for women in blockchain. He started the fund with a personal contribution of $25,000. NFA Labs jumped on the initiative, pledging $10,000 to support the campaign. Moreover, individuals such as Lisa Watts, Sherri Cuono and Jastrow also poured in their own contributions.

Responding to the Forbes report, Kusama acknowledged that the fund was specifically created for the International Women of Blockchain event as a way to bolster female participation in blockchain and the building of female-led projects on Shibarium.

Thank you to the amazing team at @Forbes for breaking the news about our partnershib and creation of a fund specifically for @IWBevent to support female creators on @Shibariumtech & @shib_iothemv. Read about it at the link below.
https://t.co/w7505XSXAb

— Shytoshi Kusama™ (@ShytoshiKusama) March 27, 2023

He further disclosed that the fund has now raised $50,000 following a $10,000 contribution from Unification, the blockchain platform whose team is behind Shibarium.

Moreover, thanks goes to @marciejastrow @sherricuono @LisaMWatts & @nfalabs for their donations. I’m excited to announce @UnificationUND ‘s pledge of $10k brings us over $50k to support international women in blockchain! A blog this week will give more updates! #shibarmy

— Shytoshi Kusama™ (@ShytoshiKusama) March 27, 2023

In response, the Unification team expressed their pride in supporting the ecosystem through several avenues, including the provision of decentralized tools and the financing of important initiatives such as the international women in blockchain.

We @UnificationUND are proud to support our eco-system through decentralized tools, development for partners at @Shibariumtech & funding to groups as key as international women in blockchain!

Great coverage of our recent progress, & more to come soon!https://t.co/Uh90ome9Cj https://t.co/1ssiLziq5W

— Unification $FUND / $xFUND / $wFUND (@UnificationUND) March 27, 2023

“Women are powerful influencers in the decentralized community as well as leaders on Shib branded projects. At SHIB we have a woman’s led group called #shibwomen and we are trying to grow this part of the community through mentorship, positive influence and inclusiveness,” Jastrow remarked.

Kusama also discussed the recent Shibarium FUD with Fink, further dispelling the previous rumors that the Shibarium testnet was a Rinia fork. With the resolution of the situation and the release of the Shibarium documentation, the community remains on track to eventually welcome Shibarium once it launches on the mainnet.

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