Shiba Inu to partner with Bugatti Group

The developers of the eminent Shiba Inu (SHIB) meme token have announced that they will enter into cooperation with the Bugatti Group in the near future. This came as something of a surprise news, as none of the insiders spoke of such a possibility, as did the parties to the partnership agreement to be made.

However, a promotional video recently surfaced that hinted to the cryptocurrency community that the company could release bags with the Shiba Inu logo.

In November last year, it became known about the plans of the Bugatti Group regarding the production of its collection of non-fungible tokens. The company implemented the idea and NFT can be minted on their official website.

The French company Bugatti Group, focused on the creation of the production of bags, has been designing and selling briefcases, suitcases, bags and other such accessories for more than 80 years. The company was founded in the 1940s. Its unique features include interesting product design and excellent workmanship using superior materials. The company is also known as Le Groupe Bugatti.

Like many large organizations, Le Groupe Bugatti could not ignore the world of digital assets and in November 2022 announced the NFT collection that they would be releasing. Despite the fact that last year was one of the worst (if not the worst) in history for the cryptocurrency market, the Bugatti Group still decided to try their hand at the world of Web3 technologies.

Previously, Le Groupe Bugatti collaborated with Giorgio Armani. Now they will cooperate with Shiba Inu. Cryptocurrency world is progressing!

Users now, apparently, can receive tokens from the Bugatti Group Genesis NFT set. Token holders have received various benefits through the purchase. For example, they became residents of the exclusive social media channels of a bag manufacturing company. In addition, they received discounts on future collections that will be produced by the Bugatti Group.

Shiba Inu, by partnering with the Bugatti Group, prove that they have serious plans to develop their token. The administration is going to launch a metaverse and strengthen its position in the cryptocurrency market. The developers of SHIB have repeatedly said that they want to leave a serious mark in the world of non-fungible tokens.

Earlier, we shared the details of Shibarium's solution for Shiba Inu, which will help the meme token burn coins for every transaction made between users. This could reinforce the deflationary nature of the pattern and push up the value of the Shiba Inu. You can read more about this in our material by clicking on the link.