There’s something new from Ryoshi’s crew: soon, the SHIB Burn visa card will be released. This was announced by the Shiba Inu team recently. Its principle seems easy to grasp: the more the user uses this device, the more he contributes to the SHIB burn.
Shibburn Visa, a newcomer in the Shiba Inu ecosystem
The emergence of this Shiba Inu Visa card was announced on Twitter on July 25.
This post also let appear a video highlighting an orange SB SHIB Visa card that is scheduled to be released soon. Certainly, the team of Shiba Inu has not issued additional information about this new product, but many hope in it an improvement of the process of distribution of rewards. And also the acceleration of the burn of this token.
Certainly, the non-achievement of the objectives related to the implementation of SHIB Burn has something to do with it. Indeed, this portal, born from a collaboration between Ryoshi Vision (RYOSHI) and the Shiba Inu team, could not motivate the ShibArmy to burn a large number of tokens. This was despite the promise of rewards for the same action.
However, the rewards are slow to come, the distribution system seems to be in bad shape.
The Shiba Inu team was quick to respond:
“What is apparent is the continued failure to deliver such workflows precisely based on the promise of the platform. The fluidity of the rewards is underperforming.”
Yet, for her, the “trust” of the Shiba Inu community matters a lot. Hence the launch of the SHIB Burn Visa card.
What about the future of Shiba Inu?
A recent Finders.com survey highlighted a Shiba Inu without a better future. Indeed, 73% of respondents believe that the memecoin will disappear by 2030. To think that 30% of them predict an imminent end for the Shiba Inu by the end of the year.
One of the reasons cited is the bear market, which is shaping up to be a tough test to weed out joke tokens like SHIB. However, they noted that projects reflecting real innovations will hold up.
Are these people lacking knowledge about the recent innovations brought by Shiba Inu developers? Because apart from the Shibburn VISA card, there is a plethora of serious projects announced lately.
Among them, we would like to mention the recent collaboration with The Third Floor, a studio used to the Hollywood sphere. This will notably allow the emergence of a Shiba Inu metaverse of incomparable aesthetics.
There is also the stablecoin SHI which was announced on May 12, 2022. Although the date of its release has not yet been mentioned, the goal of this innovation is to provide a “global stablecoin that is popular in all countries”.
It should also be noted that there are other projects of great importance that accompany those mentioned above. Among others, we can mention TREAT, BONE, Shibarium, etc. Don’t forget that several businesses, such as Dripto.com, are starting to accept SHIB as a payment method.
Even famous philanthropist Vitalik Butterin tweets positive comments about Shiba Inu. It was indeed thanks to the donation of half of the SHIB tokens that the Ethereum co-founder was able to set up a fellowship for doctoral research on “AI Existential Security”. The list of the first PhD scholarship recipients seems to be known already.
If some people believe that Shiba Inu will not withstand the bear run, it is because they lack the knowledge of the team’s progress. However, a quick look at Cointribune is enough to find evidence to the contrary. Sure, at the time of writing, SHIB is in the red, it seems to have lost its usual 13th position, but not to the point of disappearing from circulation. And with a whole army of Shiba’s behind it, talk like this will only motivate all the players orbiting the “Dogekiller”. The release of the Shiba Inu Visa card will only accelerate the price of SHIB, no doubt.
