Shiba Inu Creates Fund to Empower Women on the Blockchain

Shiba Inu community encourages women to get into the blockchain with a $50,000 fund to spark female creativity.

Smiling brunette girl holding two Shiba Inu puppies in her arms is surrounded by SHIB tokens.
  • Shiba Inu executives joined The International Women of Blockchain (IWB).
  • The event took place in Washington, DC last week during Women’s History Month.
  • SHIB gained 3.4% amid the news, SHIB Burn rate soared 319% in the last 24 hours.

SHIB Token developers joined The International Women of Blockchain (IWB) event last week in Washington, DC to announce a fund to support female workers in the crypto sphere. This comes just a week after the SXSW 2023 Experience in Austin, Texas, where Shiba Inu’s technology execs Sherri Cuono and Marcie Jastrow unveiled the roadmap for Shiba Inu’s metaverse.

SHIB: The Metaverse is in development with The Third Floor (TTF), an audiovisual studio based in Hollywood, California. During the SXSW, the first virtual HUB was revealed – The WAGMI Temple. Shiba Inu’s enthusiasts were able to participate in a group meditation and see the inaugural hub first-hand. A flyover of the temple is currently available on SHIB: The Metaverse’s new website.

$50,000 Raised for Women to Shine on the Blockchain

Lead developer Shytoshi Kusama created a support fund for women to build projects in Shibarium, the Layer-2 upgrade for Shiba Inu. Naturally, Shy Kusama was the first to contribute, with $25,000 added to the fund. 


The good deed was followed by NFAI adding another $10,000. The NFAI project is focused on the opportunity to bring traditional hedge funds and lending systems to DeFi crypto users, as well as artificial intelligence, according to Forbes.

Thirdly, SHIB: The Metaverse Chief Advisor Marcie Jastrow and Sherri Cuono contributed towards the fund reaching $50,000 along with Lisa M. Watts, another female professional working in the SHIB Token’s executive team. 

Kusama addressed the importance of universal participation in the project: “We will never reach full adoption until blockchain is accessible and utilized by all genders and nationalities.”

On the Flipside

  • The community behind the popular Shiba Inu memecoin underwent a fair share of controversy recently, including intense verbal fights between SHIB Army members.

Why You Should Care

The decentralized nature of blockchain can tackle serious societal issues like inequality, sexism, and social anxiety through inclusion, mentorship, and being a positive influence.


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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.