- In the latest blog post, Shiba Inu developer Shytoshi Kusama announced its collaboration with Welly’s, an Italian fast-food restaurant. Currently, the meme coin is trading at 0.00002035$.
- Welly’s, on the other hand, under its rebranding, has changed its mascot to Shiba Inu Dog while its new tagline refers to the anonymous creator of meme coin named Ryoshi.
- The SHIB cryptocurrency will be used as payment at the store, and interestingly the store will also have its rival meme coin, Dogecoin, as another possible option.
Shytoshi Kusama Shiba Inu developer revealed its partnership with Welly’s, an Italian fast-food restaurant, in a blog post.
Welly’s new mascot is Shiba Inu Dog, and its new tagline now refers to the meme’s coin mysterious creator named Ryoshi, conducting its complete rebranding. The fast-food chain has also modified its marketing strategy and menu.
Interestingly, the store will have Dogecoin, Shiba Inu’s rival meme coin, as another possible option, while the SHIB cryptocurrency will be used as a means of payment at the store.
Kusama also shared that the restaurant menu includes some healthy options, claiming the food will be “extremely high-quality food.”
He says although Welly’s is a “burger joint”, they understand how necessary it is to have vegan, vegetarian and “healthy” fast food options. To cater for all such needs, the restaurant also plans to introduce more variety in their menu upon the inauguration of our flagship store.
The team aims to expand worldwide; however, at the moment, there is only one store located in Naples. They don’t believe in the notion of partnering with “huge centralized conglomerates.”
Is The Partnership Just A Stunt?
Many believe the partnership is only a stunt; the team asserts that it is long-term.
Developers have also implied that they are looking to implement blockchain-based tracking along with a layer-2 solution waiting to be launched, Shibarium.
Dogecoin Burger Wars
Tesla CEO Elon Musk reportedly recently suggested McDonald’s accept Dogecoin. However, in response, the fast-food giant jokingly asked the mammoth to accept “Grimacecoin.”
American multinational chain Burger King at the expense of the crypto community even tried to increase its engagement.
MrBeast Burger, a restaurant chain founded by MrBeast, the famous YouTuber, assured that it would add Dogecoin as its support if Musk retweeted their post.
At the time of writing, the popular meme coin, Dogecoin, stands at $0.136363 with a market cap of USD 18,091,429,484. According to the coinmarketcap, Dogecoin is the 10th leading cryptocurrency globally.
On the other hand, Shiba Inu ranks 15th among the leading cryptocurrencies in the world. Its current price being 0.00002035$, with a market cap of $11,194,234,836.