SHIB Token Burn Steps Up, Bigger Entertainment Introduces App That Burns SHIB With Calories By DailyCoin

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SHIB Token Burn Steps Up, Bigger Entertainment Introduces App That Burns SHIB With Calories

Since Buterin burned 410.24 trillion tokens (SHIB), bringing the network into the deflationary mechanism, there have been over 1,000 independent burns.

In the fourth quarter, Bigger Entertainment, the music publishing group associated with the first crypto-based label, became an important part of SHIB Burn Story.

Steven Cooper, the owner of Bigger Entertainment, who is also a staunch supporter of Shiba Inu, has announced that his business will burn $ 100,000, or approximately 2.95 billion SHIB tokens. The burning will happen while the company creates the ultimate crypto music game, “MixDraft”.

Bigger Entertainment intends to raise the necessary funds to develop the game by selling $ 6 postcards; $ 1 from each postcard will be used to engrave SHIB. Cooper tweeted;

The company recently presented its roadmap to burn Shiba Inu in 2022, having burned 176 million SHIB tokens during their Christmas party on December 26.

Shiba Inu will have an app that burns SHIB in addition to calories

Along with the $ 2.95 billion SHIB fire, Steven Cooper announced his company plans to launch a fitness app for Shiba Inu. According to Cooper, the app will burn SHIB tokens as users burn calories.

The idea for the app was first suggested by “Ask the Doctor”, a Canadian healthcare provider. However, Cooper recently announced that Big Entertainment will develop it instead.

On the reverse

  • A former supporter of Shiba Inu, Ask the Doctor, turned on the project, filed a complaint against the asset and named him swindle.

Why you should care

The deflationary mechanism adopted by Shiba Inu will reduce the amount of SHIB in circulation. Shiba Inu hopes to see the price of SHIB increase as its rarity increases.

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