[ccpw id="39382"]

HomeCrypto NewsMarketShiba Inu's Welly To Launch "WellyDogDAO"

Shiba Inu’s Welly To Launch “WellyDogDAO”

Date:

Written By:

Shiba Inu’s Welly To Launch “WellyDogDAO” in Coming Two Months With an Exclusive Right to Vote on Business and Web3 Related Decisions.



In a recent tweet, Welly, the first NFT project with rewards from fast-food stores powered by Shiba Inu reveals that the team is working on the WellyDogDAO. The launch is expected in the coming two months.

- Advertisement -

Through WellyDogDAO, the Welly NFT holders will be able to vote on different decisions related to business and web3. The Italy-based fast-food company confirmed that one NFT would equal one vote.

However, no further details about the WellyDogDAO have been revealed yet officially.

This comes after the successful completion of the Welly NFTs Mint Event held on June 9th. Welly NFT mint event comprised of three phases: Exclusive Sale, Private Sale, and Public Sale. Each and every phase of the event was scheduled to end in 24 hours. The base mint price was set from 0.12 ETH to 0.15 ETH. Following the event, Welly’s team burned all the remaining NFTs.

- Advertisement -

The developers of the Shiba Inu ecosystem jump into the IRL industry by joining hands with Welly on February 2, 2022. Following the partnership, Welly has rebranded its entire business to reflect Shiba Inu and opened its first official fast food restaurant in Naples, Italy. Welly is accepting Shiba Inu as payment in its store and contributing towards Shiba burn via NOWPayments.

Welly plans to expand across the globe. For this reason, the fast-food company has given an invitation to interested applicants all around the world to apply for opening up a franchise in their country.

According to reports, Welly has received over 300 franchise requests till now, and the team has started interviewing some applicants. The team in a recent Discord event discloses that they’re very near to closing the deal with one of the most suitable franchisees. However, the team refused to reveal the name of the applicant and also the country in which they were going to open up their first franchise.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

-Advertisement-

Author

Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

More from Author

Latest Stories

Guides