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Shiba Inu (SHIB) Hints at Potential Partnership With Luxury Brand Bugatti Group

January 10, 2023
in Altcoins
Reading Time: 2 mins read
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Shiba Inu (SHIB) Hints at Potential Partnership With Luxury Brand Bugatti Group
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The Shibu Inu (SHIB) ecosystem is teasing an announcement featuring North American luxury firm Bugatti Group.

A tweet from the Shibu Inu ecosystem’s social media account says the announcement will be coming over the “next few days.”

The tweet, which mentions Shiboshis, tagged the social media account of Bugatti Group, a luxury brand dealing in luggage bags, handbags, briefcases and accessories headquartered in Montreal, Canada.

Shiboshis, which were launched in October of 2022, are a collection of non-fungible tokens (NFTs) that are exclusive to the Shiba Inu ecosystem.

Accompanying the tweet is a video clip featuring what appears to be the logos of Shiba Inu and the Bugatti Group as well as travel bags and briefcases with Shiboshis plastered on the sides.

The Bugatti Group announced its inaugural NFT project in November of 2022 in partnership with the Ethereum (ETH) blockchain-based Bored Ape Yacht Club (BAYC) NFT collection. At the time, the luxury brand said it was in the process of enabling the printing of NFTs onto its merchandise.

“In order to execute this intricate manufacturing process, Bugatti Group is in the process of investing in building an entirely new facility, equipped with advanced technology and machinery that enables them to print one-of-a-kind NFTs onto luggage and crossbody bags.

This modern patented technology will also allow NFT holders to print their custom profile pictures on said products and soon on international retailers’ websites.”

Shiba Inu is trading at $0.00000864 at time of writing, up by around 5% over the past seven days.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/karnoff
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