Shiba Inu Takes Decentralization Further with Democratic Vote

Shiba Inu, one of the most well-known meme coin projects, is introducing a democratic governance structure through the election of an interim president. This move comes five years after its launch and signals the team’s intention to involve the community more deeply in decision-making.

The election process will take place in three phases: open nominations, debates between the top 10 candidates, and a final vote among the top three. The newly appointed president will play a key role in implementing the principles outlined in the "Shib Paper," particularly the formation of a DAO congress made up of four councils.

This structure could help Shiba Inu evolve from a popular meme token into a fully decentralized ecosystem with a strong governance foundation. Lead developer Shytoshi Kusama suggests the role be filled by a SHIB whale – someone with a large stake in the token – who brings both financial interest and technical expertise.

Beyond symbolism, involving the community in governance could boost investor confidence and strengthen SHIB’s position in the increasingly mature crypto market.