In a newly published blog post, SHIB lead developer Shytoshi Kusama unveiled plans for a decentralized election to appoint a president of the “SHIB State,” marking the start of a broader initiative to formalize the project’s ecosystem.
The announcement follows the fifth anniversary of Shiba Inu’s launch and was described by SHIB’s marketing lead, Lucie, as a “bombshell.” She noted that the team has been waiting two years for this step and expressed hope that the process will attract candidates with genuine intentions.
According to Kusama, the elections aim to fulfill SHIB’s long-term goal of becoming a fully decentralized network. The process will involve three rounds of DAO voting, likely using BONE tokens, and is open to public nominations. Live or recorded debates between candidates are expected to take place ahead of voting.
To maintain integrity, the SHIB Foundation reserves veto rights over nominees. Winners must also complete KYC verification and sign a non-disclosure agreement.
The elected president will help oversee SHIB’s transition into its next evolutionary phase. Duties include implementing the Shib Paper’s vision, establishing DAO councils, and managing the project’s financial ecosystem—now valued at over $7 billion.
A “Congress” of DAO representatives will also be formed to support governance. According to Kusama, this structure is meant to mirror real-world political systems while staying true to SHIB’s decentralized roots.
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