• Crypto Market
  • Crypto List
  • Converter
The cryptonews hub
  • Currency Prices
  • Top Gainers
  • Top Losers
  • Trending News
  • Crypto News
    • Bitcoin
    • Ethereum
    • NFT
    • Tech
  • Blockchain
  • Market
  • Crypto Events
Reading: Shiba Inu Starts Voting Process To Elect First Network President
Share
The cryptonews hubThe cryptonews hub
Font ResizerAa
  • Trending News
  • Crypto News
  • Blockchain
  • Market
  • Crypto Events
  • Trending News
  • Crypto News
    • Bitcoin
    • NFT
    • Ethereum
    • Tech
  • Blockchain
  • Market
  • Quick Links
    • Crypto Converter
    • Crypto List
    • Crypto Market
    • Currency Prices
    • Crypto Events
    • Exchange
    • Top Gainers
    • Top Losers
Follow US

© 2026 The Crypto News Hub. Powered by Pantrade Blockchain

The cryptonews hub > Blog > Market > Shiba Inu Starts Voting Process To Elect First Network President
Market

Shiba Inu Starts Voting Process To Elect First Network President

Crypto Team
Last updated: August 6, 2025 1:07 pm
Crypto Team
Published: August 6, 2025
Share

Shiba Inu has kicked off a formal, multi-stage voting process to select the project’s first interim “network president” and seat councils for each DAO, a governance overhaul framed by the team as “the true birth of a network state.” In an August 4 post titled ELECTIONS, the project’s lead figure Shytoshi Kusama wrote that “a new lead visionary and councils for each dao will need to be chosen,” calling the moment “the true birth of a network state.”

According to the ELECTIONS blueprint, the interim presidency will be chosen before “Shibizenship” begins and later subjected to ratification no later than four months after Shibizenship is in place, in line with the so-called Hounds Constitution.

- Advertisement -

The voting architecture is three-phased: an open nomination round that advances the top ten to a live or recorded debate stage; a follow-up ballot a week later to determine the final three; and a concluding vote one week after debates. “The final vote will be final,” the post states.

Candidates must create public profiles, and while anyone can self-nominate, the foundation reserves a veto right; the winner must complete KYC with the foundation and sign an NDA “as you would expect in any state.”

Kusama proposes a token-weighted mechanism across the ecosystem, writing that “1 token = 1 vote” for “any and all of the ecosystem tokens,” a design explicitly intended to align outcomes with holders who “have the most skin” in the project’s success. While emphasizing openness, the document asks the community to “rigorously vet, check and learn about all candidates.”

The role described for the interim president is sweeping. The office holder would coordinate the transfer of power, steward the “Shib Paper” vision, and stand up the first congress—“consisting of the four Dao councils,” the inter-branch DAO envisaged in prior materials. The post underscores the stakes by putting a number on what’s being overseen, citing responsibility to a community of millions and “the financial responsibility of a 7 billion dollar token.”

In parallel with the procedural outline, Dhairya’s message sought to keep the Shiba Inu community unified around the broader ecosystem rather than splintering initiatives, inviting exploration of new ideas under the Shib umbrella. “Elections are the first step,” he wrote, urging contributors to “think differently and collaboratively.”

The team says logistical specifics—dates and precise timings for nominations, debates and balloting—will follow, and stresses that its own role shifts with this handover. “Upon the release of this document, our role will shift,” the post notes, adding that the group will continue building alongside Treat DAO and external initiatives aligned with its vision.

At press time, the Shiba Inu token traded near $0.00001209.

source

Bitcoin Reclaims $110K Amid Institutional Support, But Tom Lee Warns of a Potential BTC 50% Drop
Crypto Wins Legal Status In India — High Court Calls It ‘Property’
CoinDCX Employee Arrested Over Links To $44 Million Crypto Heist – Report
SEC Eyes More Crypto Clarity: ‘Innovation Exemption’ Could Come By Year-End – Chair Atkins
ETF Alert! South Korean Regulator Bars Coinbase, Strategy Assets In One Sweeping Move
Share This Article
Facebook Email Copy Link Print
Share
Previous Article wp header logo 591 Ethereum Price Falters Above $3,700 – Is a Pullback Brewing? Ethereum Price Falters Above $3,700 – Is a Pullback Brewing?
Next Article wp header logo 593 GENIUS Act Creates $1.5T Stablecoin Frenzy in July – Best Cryptos to Buy GENIUS Act Creates $1.5T Stablecoin Frenzy in July – Best Cryptos to Buy
Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Follow US

Find US on Socials
FacebookLike
XFollow
InstagramFollow
Trending News
19 KinetFlow Launch Boosts Conflux Cross-Chain Capabilities
KinetFlow Launch Boosts Conflux Cross-Chain Capabilities
wp header logo 1923 How M2 money supply and the dollar REALLY move Bitcoin price – The truth influencers aren’t telling you
How M2 money supply and the dollar REALLY move Bitcoin price – The truth influencers aren’t telling you
wp header logo 1922 This $4.3M crypto home invasion shows how a single data leak can put anyone’s wallet — and safety — at risk
This $4.3M crypto home invasion shows how a single data leak can put anyone’s wallet — and safety — at risk
wp header logo 1918 Japan’s 20% crypto tax sets a new bar in Asia, pressuring Singapore and Hong Kong as retail costs fall
Japan’s 20% crypto tax sets a new bar in Asia, pressuring Singapore and Hong Kong as retail costs fall
wp header logo 1916 Did you know Bitcoin can stay alive without the internet?
Did you know Bitcoin can stay alive without the internet?
The cryptonews hub

The Cryptonews Hub brings breaking news on Bitcoin, Ethereum, Ripple, NFTs, DeFi, and blockchain. Get real-time prices, expert analysis, and earn free Bitcoin. Follow for top crypto updates!

Top Insight

Snoop Dogg NFT Collection Sells Out in 30 Minutes
December 31, 2025
Ethereum Quietly Sets Record Smart Contract Deployments
December 31, 2025

Top Categories

  • Trending News
  • Crypto News
  • Bitcoin
  • Ethereum
  • NFT
  • Tech
  • Blockchain
  • Market

Quick Links

  • Crypto Market
  • Crypto List
  • Converter
  • Currency Price
  • Crypto Events
  • Top Exchanges
  • Top Gainers
  • Top Losers

© 2026 The Crypto News Hub. Powered by Pantrade Blockchain

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?