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HomeCrypto NewsMarketShiba Inu Unlocks Real-World Utility for SHIB Holders, Here’s How to Earn

Shiba Inu Unlocks Real-World Utility for SHIB Holders, Here’s How to Earn

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Blockchain-based mobile engine network Unity Nodes has announced a strategic partnership with Shiba Inu to unlock new opportunities for SHIB holders. 

The official Shiba Inu X account confirmed the partnership, stating that real-world utility has been added for its primary token, SHIB, which now powers Unity Nodes. It becomes part of a growing group of partners in the Shiba Inu ecosystem, which includes Astra Nova, Chainlink, K9 Finance, and others.

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Details of the Partnership 

According to the official announcement, the collaboration offers members of the Shiba Inu community new ways to earn and expand the token’s influence in diverse industries globally, particularly in the telecommunications sector. 

For context, Unity Nodes powers a multi-country mobile edge network to monitor and verify the performance of telecom providers. It works by enabling users to earn crypto by verifying the quality of a telecom network. 

Through the Unity app, users are required to make verification calls, which are then routed, validated, and logged by various node types, including Validation and Earth Nodes.

All results are recorded on-chain, creating a Proof-of-Service system that telecom carriers can access via API. In return, participants earn crypto rewards for running Unity Licenses. 

How the Partnership Benefits SHIB Holders 

Through the partnership, Unity Nodes now accepts SHIB for the purchase of Nodes and Licenses. Users can pay with SHIB through a Shiba Inu-branded payment gateway. 

Those who purchase Unity Nodes and Licenses with SHIB will gain access to Shiba Inu-branded NFTs. Since these branded SHIB NFTs are tradable on secondary markets, Unity emphasized that they could amplify Shiba Inu’s visibility. 

Additionally, purchases made in SHIB will include a 5% bonus on Unity Licenses per node, boosting earning potential at no extra cost. This means users will receive 210 licenses per node instead of the standard 200. 

Moreover, licensed operators can choose to receive their network rewards directly in SHIB instead. Additionally, Unity has announced a special package for Shiba Inu team members. This package allows them to earn Unity Licenses for all purchases using the SHIBAINU referral code. 

As an extra perk, each $5,000 Unity Node purchase also includes approximately $1,875 in MNTx and $1,875 in WMTx tokens. Sourced directly from the official reserves, the tokens will be locked for a period of 24 months. 

How to Earn 

Per the announcement, Unity offers three flexible earning methods for Shiba Inu holders. The first, a self-operation method, enables users to manage licenses on their personal devices themselves, earning 75% of the carrier’s service fees. 

The lease method enables users to grant license access to others for passive income. At the same time, hybrid earning allows for a combination of both self-operation and leasing.  

Meanwhile, Unity confirms that Shiba Inu holders could benefit from limited supply dynamics as only 6,000 Nodes will ever be available. However, as a regulated entity, users, including Shiba Inu holders, must complete KYC verification before buying Nodes and Licenses. 

DisClamier: 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 opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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