A recent announcement from Shiba Inu (CRYPTO: SHIB) appears to have missed the mark as disappointed members of the community took to Twitter to share their frustration.
What Happened: On Jan 28, the Shiba Inu team teased an upcoming partnership that many believed would have a massive impact on the cryptocurrency’s future prospects.
Something big is coming $SHIB https://t.co/MmRkAWZ1fK
— Shiba Inu News (@ShibReports) January 29, 2022
Fans of the meme-based cryptocurrency were left unsatisfied after the Shiba Inu team revealed that the partnership was a lesser-known fast-food restaurant in Italy called Welly’s.
Theamed? Resturant?
— ℂ𝕙𝕣𝕚𝕤_ℂ𝕠𝕤𝕞𝕠𝕤 (@Chris_Cosmos) February 2, 2022
Guys, this is lousy. pic.twitter.com/gEqPwSaVEv
Shytoshi Kusama, the lead developer of Shiba Inu, said the partnership would solidify SHIB’s first step into “real life” projects.
“As I said in discord, we don’t really want to partner with the huge centralized conglomerates that are con-agriculture and known for selling “food” that is harmful, subpar, and possibly poisonous,” said Kusama in a blog post detailing the partnership.
Kusama said that SHIB would be a means of payment in the store and Shiboshi and LEASH holders will have access to perks, discounts and rewards.
Still, the announcement failed to impress a vast majority of the SHIB community who felt the news was underwhelming.
This a joke right? I thought it was gonna be Amazon
— Jacob (@JacobEthier6) February 2, 2022
This is why you don't overhype news. Just keep holders up to date..
— Clyde (@tushy_N_pussy) February 2, 2022
But the best things happen in silence & gradually until it's impossible to ignore .
A lot of $shib holders are opportunists looking for a quick buck who bailed on $doge because shib is the new cheaper option
Lol, to the few hundred people in Italy who own shib and live in Naples, I guess you get to trade in the shib you bought for .00006 and buy a burger for roughly a third of the value of the coin you purchased! What a great deal. Thanks guys!
— Backary Zergman (@BergmanZachary) February 2, 2022
No offense! This is great news and I fully support shib but come on bro… you guys could’ve came up with something bigger to release instead. Shib sports clothing ? Shibacard? Shib x Amazon ? More BURNS? Only one store in Italy is gonna take awhile
— Brad (@Brad0061) February 2, 2022
SHIB Price Action: At press time, SHIB was trading at $0.00002043, down 5.6% in the last 24 hours.
Photo by Patrícia Hellinger on Unsplash