The eatery claims it has had “hundreds” of requests to launch new franchises in the last week.
DOGGY DAO, a decentralized autonomous organization whose primary process is online since early December, allows the SHIB tribe to engage in the chain’s management. According to the Shiba Inu team, Welly’s is being pushed as a healthy meal option, thus setting itself apart from the big franchises like McDonald’s and Burger King.
In perspective, Shytoshi Kusama, the lead developer of the SHIB token, said,
“The Shib community can take part in the deployment of new stores through making choices in the DIGGY DAO, purchasing NFTs for exclusive benefits, or just enjoying good food and sharing our vision with those who still think we are just a meme.”
Customers are allowed to obtain distinct benefits at the one-store diner, which will open in 2021, by using non-fungible tokens.
Shiba Inu’s first step into the real world
The restaurant, Welly, began in 2021 with the goal of delivering healthy quick food and adding value to their clients by paying close attention to them in addition to providing high-quality meals.
The restaurant’s team was interested in crypto, so they got to thinking about how to develop the business and devised a strategy to sell NFTs. However, this wasn’t sufficient.
The restaurant’s creators then began to consider the basics of crypto, namely decentralization, as well as how the SHIB network could be involved in the project. Consequently, the founders approached Shytoshi Kusama on the proposal, and a deal was struck. A decentralized fast-food restaurant was built after a significant collaboration featuring Shiba Inu’s lead developer Shytoshi Kusama.
The restaurant re-branded in little than a week, using the Shiba Inu dog as its official image, new packaging materials, and responding to emerging marketing methods.
With Welly’s expansion, the meme coin may begin to lose its status as a meme coin, which could lead to a price increase, but then only time will prove. At the time of writing, Shiba Inu (SHIB) was priced at $0.00003367 and was bullish with a hike of 21.47% over the last 24 hours.