Shiba Inu is Inching Towards Middle East With New Welly Burger Venture

Vignesh Karunanidhi
Shiba Inu is Inching Towards Middle East With New Welly Burger Venture
Source: Cryptopolitan

The Shiba Inu Army has repeatedly demonstrated that it is a loyal and supportive community by continuing to push the coin on every social media platform and showering their support.

SHIB gained its first-ever practical application with the opening of the Shiba Inu-themed restaurant Welly, which accepts SHIB payments. The collaboration was accepted with open arms by the Shiba Inu community. To add to the good news, they also announced 15% ownership of the company for the Shiba Inu community on April 29, 2022.

Welly also declared that it would burn a portion of SHIB’s franchise fees and net income to aid in the ongoing efforts to reduce the circulating supply. Now, according to the details from the co-founder of Welly, the SHIB-themed burger joint is planning to open a branch in Dubai.

Welly to expand its wings in Dubai

Stefano Gugl, the co-founder of Welly, recently announced on Twitter that he was considering opening a Welly in Dubai and was looking for a partner or investor for the food venture.

The tweet also mentions that the management of the store will be taken care of by the experienced team and also mentioned that it is not a franchise, but rather the chance to open a store together. As Dubai is already on its way to developing itself as a cryptocurrency hub, the vision of expanding Welly in Dubai will likely be a reality soon.