Black_background_logo_BitcoinWorld-removebg-preview
Welly
Latest News

Welly, A Shiba Inu-themed burger joint will take part in the SHIB burn process

Welly, a Shiba Inu-themed fast food franchise, stated in a recent blog post that it will actively engage in the burning of SHIB tokens with the support of crypto payment platform NOWPayments.

Due to expensive fees, the burger joint will use a gift card system, but the company claims that if Shibairum, a layer-2 solution, is implemented, “everything will be far more straightforward.”

SHIB and LEASH tokens can now be burned through NOWPayments’ new feature.

Welly’s also accepts payments in the native SHIB token, and it aims to add support for rival meme coin Dogecoin in the future (DOGE).

Welly had a big rebranding in February, with Shiba Inu becoming the official mascot.

The burger joint in Naples then stated that it was ready to expand internationally.

Welly claims in a new blog post that the next flagship location could open in early 2023.

The club is also putting in place “the most appropriate applications,” in anticipation of a “wildfire” of franchise openings in 2023.

Welly claims to provide “healthy” fast food to its consumers, which is supposed to set it apart from the likes of McDonald’s.

The burger joint has dabbled in the non-fungible token arena as well. In late March, it introduced two new NFTs.

To combat bots and “paper hands,” Welly has introduced a whitelist for purchasing NFTs.

In addition, the Shiba Inu team recently collaborated with fashion company John Richmond to develop an NFT collection.

With the help of NOWPayments, John Richmond has also vowed to burn SHIB tokens.

Related Posts – XRP Price Goes Up After Unexpected Reappearance On Coinbase

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.