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    Shiba Inu powers first NFT project with rewards from Welly

    By Carine Lee

    08:05, 14 June 2022

    Illustration of WellyFriends characters
    WellyFriends characters in their various outfits – Photo: wellyfriends/Twitter

    Shiba Inu powered the world’s first fast-food NFT for burger joint Welly on its network, and is set to reveal the WellyFriends NFT project on 16 June.

    Shiba Inu’s NFT collection, dubbed “Eat Wellys”, is designed by Adrian San Vicente.

    SHIB to USD

    The latest NFT project shows a resurgence of the meme coin concept which has taken a battering in 2022, earlier this month ApeCoin (APE) went on a brief rally, following a tweet from Elon Musk.

    The collection features 10,000 NFTs, each with different attributes and combinations.

    A total of 140 attributes, normal, rare and unique, are distributed among the NFT project, and the minting will take place in different stages.

    Minting on the shibu inu NFT  project started on 9 June, priced between 0.12ETH and 0.15ETH.

    DOGE/USD

    0.15 Price
    -2.390% 1D Chg, %
    Long position overnight fee -0.0753%
    Short position overnight fee 0.0069%
    Overnight fee time 21:00 (UTC)
    Spread 0.0012872

    BCH/USD

    471.00 Price
    -2.310% 1D Chg, %
    Long position overnight fee -0.0753%
    Short position overnight fee 0.0069%
    Overnight fee time 21:00 (UTC)
    Spread 2.50

    XRP/USD

    0.53 Price
    -2.060% 1D Chg, %
    Long position overnight fee -0.0753%
    Short position overnight fee 0.0069%
    Overnight fee time 21:00 (UTC)
    Spread 0.01168

    ETH/USD

    3,134.75 Price
    +0.170% 1D Chg, %
    Long position overnight fee -0.0616%
    Short position overnight fee 0.0137%
    Overnight fee time 21:00 (UTC)
    Spread 6.00

    LEASH and SHIBOSHI holders will be able to mint the fast-food NFTs in the first 12 hours of phase one, while BONE and SHIB holders are able to mint in the last 12 hours of the phase.

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    ETH to USD

    Phase two will last 12 hours from the end of phase one where @Red Sauce and @Green Sauce, whitelisted users, will be able to mint. Public sale is available in phase three.

    The NFT project is special as it is the first collection directly linked to a real-world business, the Welly food joint, powered by Shiba Inu.

    “The growth of the business directly influences the growth of the NFT project and vice versa,” Eat Wellys said on its website. The collection is available for sale on OpenSea, an NFT marketplace.

    Markets in this article

    ETH/USD
    Ethereum / USD
    3134.75 USD
    5.36 +0.170%
    SHIB/USD
    Shiba Inu / USD
    0.00002598 USD
    -0.00000052 -2.010%

    Related topics

    #Cryptocurrency

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