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Shiba inu

Shiba Inu ERC-404 NFTs Ready To Go: Marketing Lead Drops Crucial Information

Scott Matherson
by Scott Matherson
1 year ago
·
Posted in Shiba Inu
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

After much anticipation, Shiba Inu’s new ERC-404 Non-fungible Tokens (NFTs), Sheboshi is now available for claiming. Notably, Shiba Inu marketing influencer Lucie has shared valuable information for NFT enthusiasts seeking to secure these unique doggy-themed NFTs. 

Phase One Of The Shiba Inu NFT Claim

In a recent X (formerly Twitter) post on Wednesday, Lucie announced a three-phase plan for claiming and minting the Sheboshi NFT collectibles. The strategic approach aims to provide transparency on the NFT drops, ensuring fair distribution and rewarding early adopters.

Related Reading: Shiba Inu Team Embraces Ethereum ERC-404 Standard For New NFT Collection

For the first phase, Lucie has stated that the Sheboshi NFTs, valued at around 0.14 ETH, will be made available exclusively to the original Shiboshi holders. These NFT holders are individuals who previously purchased any of the 10,000 exclusive Shiba Inu-generated Shiboshi NFT collections launched in 2021. 

The SHIB marketing lead has disclosed that Shiboshi holders have a limited period of 48 hours to claim an NFT. Additionally, all claims are free, and holders will only have to pay gas fees before obtaining their NFTs. 

Since Shiba Inu officially launched its long-awaited Sheboshi NFT collectibles on Wednesday, Shiboshi holders have only 24 hours left to secure an NFT before the 48-hour deadline elapses.

Sheboshi NFT Minting Phase

In the second phase, Lucie has presented Doge Killer (LEASH) token holders an exclusive window to mint their Sheboshi NFTs at a fixed price of 0.05 ETH, equivalent to $146.67, based on the current value of Ethereum. She has also provided a limited 24-hour period for holders to mint their tokens at this favorable price.

For the third and final phase, Lucie has announced that the Sheboshi claiming and minting process will be accessible to the public, allowing anyone interested to participate in the NFT drops. The NFT minting price is capped at 0.05 ETH, and this phase will persist until all the available NFTs are sold out successfully. 

Related Reading: Dogecoin Bullish Signal: DOGE Transaction Count Hold 1 Million Threshold Through February

After the final minting of the Sheboshi NFTs, Lucie has also disclosed that a new DN404, a blend of the ERC-20 and ERC-721 features, will be enabled for trading on popular Decentralized Exchanges (DEX), Shibaswap and Uniswap. 

Following the launch of the Sheboshi NFTs, the value of Leash witnessed a notable surge, marking a bullish breakout in its price. This unexpected upswing is attributed to the priority given to Leash token holders, allowing them to have early access to Sheboshi NFTs before their official public release. At the time of writing, Leash is trading at $294.45, having undergone a significant market correction and given up most of its gains. 

Shiba Inu price chart from Tradingview.com (SHIB NFT)

SHIB price fails to break $0.00001 | Source: SHIBUSD on Tradingview.com
Featured image from Blockchain News, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Scott Matherson

Scott Matherson

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

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