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Shibnobi Strengthens Itself – Announces Buyback and New Software Services

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As the ecosystem that Shibnobi is creating grows and gains traction, the challenges that this brings are increasing as well. The team, led by Cliff is pleased to make the following announcement to tackle these challenges and to set new standards:

Buyback and Burn

Within the DeFi world, token liquidity – which is what DEXs use to enable trading of tokens, have pools which are represented as a 50/50 split between the token itself and its pegged counterpart. I.e.: SHINJA is pegged to ETH.

The Shibnobi team intends to withdraw $4.2M ($2.1M in ETH, $2.1M in SHINJA) from the liquidity pool and subsequently perform a $2.1M ETH buyback over the next three weeks ($700K each week).

At the end of the three weeks, Shibnobi would then burn all these purchased tokens. As liquidity continues to grow, the team will continue to implement this type of buybacks to reduce supply, increase price, and stabilize the liquidity pool.

Missing Tokens Resolved

Shibnobi is also pleased to inform the investing public that the issue of missing tokens that occurred a few days after the buyback has been resolved. It was reported in the community that some tokens were missing in every wallet. Cliff and his team swung into action, identified the cause of the incident, and aimed to resolve the issue as quickly as possible.

The team assured all community members that they won’t lose any dollar value in their tokens: the percentage of the supply, market cap, and holder positions remain the same after the incident. To build trust and investors’ confidence, the team has increased reflection tax to 8% from 6% and conduct the remaining $1.4M buyback in small increments over a few days rather than $700K each week.

Shibnobi Software

Shibnobi introduces Shibnobi Software, a new division that will offer different software services, including auditing, consulting, and software development. The new service will help promote other projects at a cost that will be paid in $SHINJA. 

Shibnobi Dojoswap

Shibnobi’s Dojoswap is a multi-chain swap platform designed to resolve the lack of user-friendly tools for Ethereum Virtual Machine compatible chains. It was developed by the Shibnobi team on a decentralized automated market maker protocol and uses liquidity pools that guarantee smooth blockchain transactions. 

Dojoswap is compatible with popular blockchains like Ethereum, Polygon and Binance Smart Chain, but plans to expand this to additional EVM-compatible chains over the short to mid-term.

Dojoswap only permits the listing of tokens or projects on its protocol that have undergone a precheck, as well as KYC verification by Certik. Visit the official website and click on the apply button to begin listing your project.

DojoSwap Weekly Listing Report

Here is a weekly recap of the DojoSwap listing. 

Wolverinu: An ERC-20 token that entered into crypto space in October 2021. This project has broken several records with over 14,000 holders in a short amount of time. 

Grifters: Another innovative project whose team is working round the clock to promote, where it is based on the concept and belief that all innovative concepts, projects, and missions deserve a chance to thrive. The coins are imagined reality. 

Piccolo Inu: A decentralized multi-purpose token that gives holders the leverage to mint custom NFT masterpieces. Holders can buy, sell, or trade NFTs for profits. 

Lucky Shinu: A blockchain-powered gaming project, promising to hold contests for users with prizes such as cars, money, gadgets, vacations, and NFTs. 

Streamer Inu: A community-based token that gives holders the opportunity to be a shareholder of the Streamers United LLC shares. 

About Shibnobi

Shibnobi was launched in November 2021 by a team of experienced blockchain experts led by Cliff. Shibnobi is the world’s most deadly Shiba. It aims to refine the decentralized finance space and create different streams of passive income through a reflection mechanism for users and community members. Its native token, $Shinja, is deflationary and built on Kusari Blockchain. 

The token operates through the POS consensus. $Shinja has been listed on different exchanges, including Uniswap, BitMart, Fegex, Lbank, HotBit, and ProBit. 

Website: https://shibnobi.com/

Socials

Twitter: https://twitter.com/Shib_nobi

Telegram: https://t.me/ShibnobiCommunity

Facebook: https://www.facebook.com/Shibnobi

Instagram: https://www.instagram.com/shibnobi/

Reddit: https://www.reddit.com/r/Shibnobi/

Discord: https://discord.com/invite/Shibnobi

YouTube: https://www.youtube.com/shibnobi 

LinkedIn: https://www.linkedin.com/company/shibnobi/

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Threads uses a more sophisticated search to compete with Bluesky

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Instagram Threads, a rival to Meta’s X, will have an enhanced search experience, the firm said Monday. The app, which is based on Instagram’s social graph and provides a Meta-run substitute for Elon Musk’s X, is introducing a new feature that lets users search for certain posts by date ranges and user profiles.

Compared to X’s advanced search, which now allows users to refine queries by language, keywords, exact phrases, excluded terms, hashtags, and more, this is less thorough. However, it does make it simpler for users of Threads to find particular messages. Additionally, it will make Threads’ search more comparable to Bluesky’s, which also lets users use sophisticated queries to restrict searches by user profiles, date ranges, and other criteria. However, not all of the filtering options are yet visible in the Bluesky app’s user interface.

In order to counter the danger posed by social networking startup Bluesky, which has quickly gained traction as another X competitor, Meta has started launching new features in quick succession in recent days. Bluesky had more than 9 million users in September, but in the weeks after the U.S. elections, users left X due to Elon Musk’s political views and other policy changes, including plans to alter the way blocks operate and let AI companies train on X user data. According to Bluesky, there are currently around 24 million users.

Meta’s Threads introduced new features to counter Bluesky’s potential, such as an improved algorithm, a design modification that makes switching between feeds easier, and the option for users to select their own default feed. Additionally, it was observed creating Starter Packs, its own version of Bluesky’s user-curated recommendation lists.

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Apple’s own 5G modem-equipped iPhone SE 4 is “confirmed” to launch in March

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Tom O’Malley, an analyst at Barclays, recently visited Asia with his colleagues to speak with suppliers and makers of electronics. The analysts said they had “confirmed” that a fourth-generation iPhone SE with an Apple-designed 5G modem is scheduled to launch near the end of the first quarter next year in a research note they released this week that outlines the main conclusions from the trip. That timeline implies that the next iPhone SE will be unveiled in March, similar to when the present model was unveiled in 2022, in keeping with earlier rumors.

The rumored features of the fourth-generation iPhone SE include a 6.1-inch OLED display, Face ID, a newer A-series chip, a USB-C port, a single 48-megapixel rear camera, 8GB of RAM to enable Apple Intelligence support, and the previously mentioned Apple-designed 5G modem. The SE is anticipated to have a similar design to the base iPhone 14.

Since 2018, Apple is said to have been developing its own 5G modem for iPhones, a move that will let it lessen and eventually do away with its reliance on Qualcomm. With Qualcomm’s 5G modem supply arrangement for iPhone launches extended through 2026 earlier this year, Apple still has plenty of time to finish switching to its own modem. In addition to the fourth-generation iPhone SE, Apple analyst Ming-Chi Kuo earlier stated that the so-called “iPhone 17 Air” would come with a 5G modem that was created by Apple.

Whether Apple’s initial 5G modem would offer any advantages to consumers over Qualcomm’s modems, such quicker speeds, is uncertain.

Qualcomm was sued by Apple in 2017 for anticompetitive behavior and $1 billion in unpaid royalties. In 2019, Apple purchased the majority of Intel’s smartphone modem business after the two firms reached a settlement in the dispute. Apple was able to support its development by acquiring a portfolio of patents relating to cellular technology. It appears that we will eventually be able to enjoy the results of our effort in four more months.

On March 8, 2022, Apple made the announcement of the third-generation iPhone SE online. With antiquated features like a Touch ID button, a Lightning port, and large bezels surrounding the screen, the handset resembles the iPhone 8. The iPhone SE presently retails for $429 in the United States, but the new model may see a price increase of at least a little.

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Google is said to be discontinuing the Pixel Tablet 2 and may be leaving the market once more

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Google terminated the development of the Pixel Tablet 3 yesterday, according to Android Headlines, even before a second-generation model was announced. The second-generation Pixel Tablet has actually been canceled, according to the report. This means that the gadget that was released last year will likely be a one-off, and Google is abandoning the tablet market for the second time in just over five years.

If accurate, the report indicates that Google has determined that it is not worth investing more money in a follow-up because of the dismal sales of the Pixel Tablet. Rumors of a keyboard accessory and more functionality for the now-defunct project surfaced as recently as last week.

It’s important to keep in mind that Google’s Nest subsidiary may abandon its plans for large-screen products in favor of developing technologies like the Nest Hub and Hub Max rather than standalone tablets.

Google has always had difficulty making a significant impact in the tablet market and creating a competitor that can match Apple’s iPad in terms of sales and general performance, not helped in the least by its inconsistent approach. Even though the hardware was good, it never really fought back after getting off to a promising start with the Nexus 7 eons ago. Another problem that has hampered Google’s efforts is that Android significantly trails iPadOS in terms of the quantity of third-party apps that are tablet-optimized.

After the Pixel Slate received tremendously unfavorable reviews, the firm first declared that it was finished producing tablets in 2019. Two tablets that were still in development at the time were discarded.

By 2022, however, Google had altered its mind and declared that a tablet was being developed by its Pixel hardware team. The $499 Pixel Tablet was the final version of the gadget, which came with a speaker dock that the tablet could magnetically connect to. (Google would subsequently charge $399 for the tablet alone.)

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