• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / News / Welly’s to maximize efficacy for SHIB burn process
welly's

Welly’s to maximize efficacy for SHIB burn process

April 6, 2022 by Aishwarya shashikumar

Welly’s, the world’s first SHIB-themed restaurant, which is situated in Naples, Italy, announced its plans on Tuesday (April 5), including burning $SHIB every time someone purchases through the crypto payment process NOWPayments.

Due to expensive fees, the burger joint will use a gift card system, but the company claims that things will be much easier once Shibarium, a layer-2 solution, is implemented. However, Welly’s also accepts payments in the native SHIB token, and it aims to add functionality for rival meme coin Dogecoin (DOGE) in the future.

Mercury like franchise launch of Welly’s

The burger joint underwent a dramatic revamp in February, with Shiba Inu serving as the official mascot. The burger joint of Naples then stated that it was willing to grow internationally. The restaurant stated in a new blog post that the next premier outlet could open in early 2023.

The team 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 meant to set it apart from the likes of McDonald’s.

Furthermore, flagship store, ghost kitchen, and take-away are three separate business concepts in Welly’s vision, each of which is sustainable and adaptable to the franchiser’s needs and ideas. Each of the models will be fully supported and monitored by the main staff to ensure that the business runs smoothly. As a result, community members and prospective entrepreneurs will have three options to choose from.

Screenshot 2
Welly’s 3D NFTs

Furthermore, Welly’s has dabbled in the non-fungible token arena as well. In late March, it introduced two new NFTs. The burger joint has claimed that there will be prizes and staking opportunities for holders of each NFT and that different NFTs picked by the community will be utilized for our marketing campaigns, Welly Meals, and on the packaging through challenges involving the community. 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. At the time of press, Shiba Inu (SHIB) was priced at 0.0000268 with a daily rise of 0.10%.

Filed Under: News, Altcoin News, World Tagged With: Blockchain, Crypto Adoption, Cryptocurrency, shib burn, shib token, Shiba Inu, welly's

Primary Sidebar

Recent Posts

  • Pi Network Delays Full Launch Until Pi Coin Hits Stable $10 Price Target July 13, 2025
  • Solana Gains Institutional Backing as Upexi Commits $200 Million to Treasury July 13, 2025
  • BlockDAG’s Orcas Deal & $337M Raise Take the Lead as DOGE Holds Support & HBAR Eyes Key Resistance July 13, 2025
  • Ethereum Eyes $10K as Institutional Giants Like BlackRock and Fidelity Join the Bull Run July 13, 2025
  • Ripple’s RLUSD Stablecoin Targets the $685B Cross-Border Payments Market July 13, 2025

Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2025 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.