Cryptocurrency

Shiba Inu (SHIB) Much Anticipated Announcement is Finally Unveiled By Founder Shytoshi Kusama

Over the past couple of weeks, the Shiba Inu team has been teasing a major development. Recently, the team released a 16-sec teasing video on Twitter in order to get the community ready for the cooking development.

Shiba Inu (SHIB) has advanced into “in-real-life” products by announcing a partnership with Welly’s, a new hyper-quality agile blockchain-based fast-food chain, based in Naples, Italy.

Welly’s is also recognized as a McDonald’s competitor or simply dubbed as “the Clown Killer.” The partnership will be facilitated by Shibarium, the Shiba Inu Layer 2 Scaling Solution that is expected to launch early this year.

Shibarium, the much-awaited Layer 2 solution, is expected to make SHIB transactions much cheaper and more accessible. This makes Shibarium perfect for the new partnership.

Details of the Partnership as Shared By Shytoshi Kusama

Shytoshi Kusama, the pseudonymous founder of the popular meme token, Shiba Inu (SHIB), shared further details about the partnership with Welly’s via a blog post on Medium.

According to the report, Kusama isn’t interested in partnering with big but centralized firms such as McDonald’s, Burger King, among others, for two important reasons, which are: Low Standard Food and Agility.

The blog post reads in part as follows:

“Welly’s is a “burger joint” but we understand the importance of having vegetarian, vegan, and “healthy” fast food options. Upon the opening of our flagship store, we will introduce more options to cater to these needs.

“Moreover on agility, within 1 week, upon the partnership being put into place, Welly’s was able to complete a full rebrand of their store, including the mascot, creating new eco-friendly packaging, and taking suggestions from yours truly about marketing, menu, and strategy.”

In the blog post, Kusama showcased his love for Indian Market and explained the significance of the Chicken clucking sound 0heard in the teaser:

“For instance, because we love our India market so much, we shifted some of our visual communications from being beef centric to chicken centric (cluck in the video!) to compensate for the religious practices of one of our largest markets.”

According to Shiba Inu founder, now that Welly’s is powered by SHIB, it’s perfectly fit to scale globally with its proven high-quality food and excellent backend practices.

Kusama added that he’s currently in discussions with Welly’s to release a few new stores within the next two years in order to boost its competitiveness.

SHIB founder also stated that Shiba Inu, Leash, Bone, and Shibarium will be integrated into Welly’s business model. Through this, the Shiba Inu community will be able to deploy new stores via making choices in the Doggy Dao, buying non-fungible tokens (NFTs) for exclusive benefits, or just enjoying good food and sharing their vision with those who still tag Shiba Inu (SHIB) as a meme token.

Shytoshi Kusama concluded that more announcements that are bigger than this are coming soon.


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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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