It’s Valentine’s Day, and we’ve cooked up something special just for you. And no, it’s not this unexpected special edition of The Shib — though if you’ve been following along, you know it wasn’t exactly on our original menu.
Let’s set the record straight up front: SHEboshis aren’t just another pretty face in the world of Non-Fungible Tokens (NFTs), nor are they simply female counterparts to the Shiboshis. These fierce ladies pack a punch with their distinctive abilities, making them the perfect partners your Shiboshis have been yearning for.
As you may recall, the Shiboshis made their debut back in October 2021. This collection of 10,000 male characters swiftly flew off the shelves. (Talk about the power of the Shib Army!)
Now it is time for the SHEboshis to go under the arclights. We’ve stepped on the gas to launch a daring experiment aimed at exploring the untapped potential of the 404 Ethereum standard. So let’s talk about that standard in detail.
A Word About ERC-404
ERC-404 is the latest buzz causing a stir in the blockchain universe. Imagine a world where ERC-20 and ERC-721 had a brainchild that inherited the best traits of both. This new experimental standard aims to bring a fresh twist to the token scene by marrying the concept of fungible tokens with non-fungible tokens (NFTs). The result is an experimental hybrid token standard that allows fractional ownership of NFTs, opening the floodgates to new possibilities.
Though still in its infancy, this token standard addresses one of the major issues the NFT space is facing: liquidity.
Minting Magic: Claim Your SHEboshi
Timing has proven to be everything for our holders, and the SHEboshis are the genesis of the next phase of Shib’s NFTs. The only way to properly start this phase is with our first claimable set. That’s right, we are making the set available to SHIboshi holders as a free claimable token/NFT. To do so, the team will do a snapshot highlighting the holders of Shiboshis over the past years, placing them into tiers based on factors like the number of Shiboshis held and length of time held to determine how many SHEboshis can be claimed per wallet. We think this is a fair way to do this drop and hope our community can hear us loud and clear. Woof! We expect this process to take a few days, resulting in the claim starting approximately this weekend and lasting 72 hours. So Shiboshi holders need to find your wallets!
But wait, there’s more. We haven’t forgotten about Leash holders, and after the claim period has ended, we will allow $LEASH holders to get “1st dibs” on the remaining SHEboshis for 24 hours. After that, whatever is left (if any) will be released for public consumption until it gets sold out.
After this entire process, and minting is complete, the NFT set will become available for trade on Uniswap and Shibaswap (1.0). (Note: As Shy points out in his accompanying article, both sets will be ported onto Shibarium shortly thereafter.)
If you would like to get your hands on these lovely SHEboshis, strap in because minting is happening on the grand stage of the Ethereum network. Here’s the lowdown: we’re talking about minting some fresh, hot-off-the-press, exclusive NFTs using $ETH.
SHEboshis: Shaping the future of NFTs
The decision to adopt the ERC-404 standard demonstrates our commitment to staying at the forefront of technology and ambition to rekindle the NFT market, which has experienced a downturn in trading volumes after its surge in popularity during the pandemic.
What’s Next?
There is more super-exciting stuff awaiting after the mint of the SHEboshis. Sometime down the line, you could let those Shiboshis and SHEboshis mate. We are talking of a heck of a lot of possibilities here. For now, let’s just say: “Watch this space!”