The Welly team is yet to share all the details about the SHIB burn process, but it says that will be an active participant
In a recent blog post, Shiba Inu-themed fast food chain Welly confirmed that they will actively participate in the process of burning SHIB tokens using crypto payment gateway NOWPayments.
The burger joint will implement a gift card system due to high fees, but the team says “everything will be way more simple” as soon as Shibairum, a layer-2 solution gets introduced.
As reported by U.Today, NOWPayments has launched a new feature that allows burning SHIB and LEASH tokens.
Welly’s also accepts the native SHIB token for payments, and it also plans to add support for rival meme coin Dogecoin (DOGE).
A trail of franchise openings
In February, Welly underwent a major name change, making Shiba Inu its official mascot.
The Naples-based burger joint then announced that it was ready to expand globally.
In the new blog post, Welly says the next flagship store could be introduced in early 2023.
The team is also implementing “the most suitable applications,” preparing for a “wildfire” of franchise openings that are expected to take place in 2023.
Welly claims to offer its customers “healthy” fast food, which is supposed to differentiate it from giants such as McDonald’s.
Shiba Inu and NFTs
The burger joint has also dipped its toes in the non-fungible token space. It recently unveiled two new NFTs in late March.
Welly has announced a whitelist for purchasing NFTs to combat bots and “paper hands”.
The Shiba Inu team also recently partnered with fashion label John Richmond in order to create an NFT collection.
John Richmond also promised to burn SHIB tokens with the help of NOWPayments.
