Shiba Inu Prepares NFT Crypto Game Shiba Eternity’s Last Pilot Test in Australia

Shytoshi Kusama, the main developer of Shiba Inu announced that its project’s new game Shiba Eternity is now available for testing by Australian users.

The company, however, said that Australia would be the last testing location for the new crypto game Shiba Eternity. Over the weekend, the team behind Shiba Inu project launched the Shiba Eternity game in Australia. The NFT-based collectable card game went live on the Apple App Store in Australia, with plans to enable downloads via Google Play Store underway.

But Kusama hinted that Australia may be the last test location for Shiba Eternity, a collectable card game (SHIB CCG) of Shiba Inu.

Kusama made the revelations as a response to a Turkish user who wanted to know when Shiba Eternity would be ready for downloads from app stores in their country.

And Kusama responded: “Soon. Next up is the entire world. Let’s show these shadowcats we are a force. We’re on schedule and I’ve said this is our last test location. This time soon is like…. honestly soon.”

Crypto Gaming on Demand

Last month, on August 17, Shiba Inu launched the testing of its NFT-based collectable card game Shiba Eternity in Vietnam. The project had plans to proceed with the beta testing in Indonesia as the next location to make Shiba Eternity available to Indonesian users.

Vietnam was the first region on Shiba Inu’s priority list, perhaps because of the success achieved in the location by the rival NFT online video game Axie Infinity.

On Saturday, the Shiba Inu project announced some changes, disclosing the launch of testing of its card collectable game in Australia. The project said that Australian residents who are SHIBArmy members can download the game on Apple App, with the Google Play Store would soon launch the game.

While the game was under development for several months, the pilot program is a part of efforts to test the game’s functionality ahead of its global release.

In Vietnam’s testing last month, over 3,000 people downloaded the game within a few weeks, thanks to a favourable response. As a result of a large number of downloads, the project’s development team realized that the game’s server capacity needed to be increased by more than 50 times.

Meanwhile, Shiba Inu cryptocurrency is showing a new healthy trend and a short-term rise, and this may be an impact of the next big thing – the Shiba Inu Eternity game. At the time of writing, the dog-themed coin was priced at $0.00001145 with no loss or gain, as per Coin Market Cap.

Crypto games are significantly gaining traction among crypto enthusiasts and upscaling the user count for the crypto landscape. Shiba Inu is introducing a new game in the blockchain gaming industry to fulfil user demands.

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Chinese State-Owned Banks Start Exploring Digital Yuan Use-Cases for Buying Investment Funds & Insurance Products

Two major government-owned Chinese banks are expanding their pilot programs for the national Digital Currency. China Construction Bank (CCB) and Bank of Communications (BOCOM) have begun studying the new use cases of the digital renminbi by allowing citizens to use it to purchase investment funds and insurance products online.


The two state-run banks are working with fund management and insurance companies to enable China’s digital currency payments for sectors beyond the retail landscape.

China Construction Bank has partnered with the investment funds platform, Shanghai Tiantian Fund Distribution, to allow citizens to make online fund investments with the e-yuan. The partnership also involves, the Chinese e-commerce giant, valued at around $120 billion, listed on the Nasdaq US stock market.

Zhang Min, the executive vice-president at China Construction Bank, talked about the development and said: “We have since 2017 been participating in the research and development of the central bank digital currency, which we view as significant for our payment system due to its ability to enhance payment efficiency.”

China Construction Bank stated that it has opened 8.42 digital yuan wallets to 7.23 million individual users and 1.19 million companies.

As of June, China Construction Bank had reported a cumulative 28.5 million transactions that totalled 18.9 billion yuan (US$2.9 billion) using the digital yuan.

Bank of communication (BOCOM) examines the use of the e-yuan to fund management and insurance firms.

Qian Bin, the executive vice president at BOCOM, commented about the current development and stated that the bank is currently examining various use cases for the digital yuan in fund management and the insurance landscape.

“China’s central bank digital currency is a form of legal tender, and from the perspective of a commercial bank, it is our obligation to facilitate the development and liquidity of the currency,” Qian said.

However, Qian did not mention the fund managers or insurance firms that the bank is working with. As of June, the Bank of Communications had recorded 6.3 million e-yuan transactions that totalled 2.5 billion yuan. 

The efforts by the two government-owned banks go beyond the original blueprint of the CBDC set out by China’s central bank, which was intended to power the low-value, daily retail payment landscape only.

Digital Renminbi Available for Exchange

While China’s retail central bank digital currency (CBDC) will be circulated among the public, its wholesale CBDC will be issued to commercial banks and other institutions for large-volume transactions.

Last month, 35 Chinese commercial banks allowed customers to access the country’s new CBDC, a move that suggested another step towards a broader rollout.

Apart from the six state-run banks, the financial institutions that support deposits and withdrawals in the digital yuan include major names like CITIC, China Everbright, China Merchants Bank, Shanghai Pudong Development Bank, Minsheng, Ping An, Guangfa and Zheshang, amongst others.

Thousands of citizens have been selected by a lottery system to allow them to spend their national digital currency, popularly known as digital currency electronic payment (DCEP) in both online and offline stores using a dedicated app.

The Industrial and Commercial Bank of China (ICBC) was the first bank in the country to add full support for the digital yuan. The state-owned bank has enabled a feature that allows clients to convert their digital renminbi to cash at more than 3,000 ATMs across Beijing.

China continues testing its national digital currency pilot programs and setting up a legal framework for CBDCs with global financial regulators. 

China’s central bank has not assigned a monetary value on the digital yuan because the CBDC has not been officially launched to the public. Though China’s government remains committed to make the digital renminbi mainstream, it has been keen to ban the use of Bitcoin and other private cryptocurrencies within its jurisdiction.

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