Shiba Inu whale's number of active addresses rises by 44% as SHIB utility expands SHIBCommunity ShibArmy
, the official SHIB Discord moderator and member of the Growth Breed, more than 2,000 Welly NFTs have been minted so far.Shedding light on the purpose of the Welly NFTs, Shiba Inu's lead developer, Shytoshi Kusama, states that the NFTs were created to act as membership instruments that act as smart contracts for particular Welly locations. He says that was the sole reason for the low price of 0.12 ETH to begin with.
Furthermore, although this is subject to change, the goal is to reward DOG members or Welly NFT holders every quarter and have decisions made via the SHIB BONE DAO on monthly proposals or as needed. Continuing further, the Decentralized Organizational Group, or DOG, acts as a special entity within the Welly location. This entity works via a set of"Smart Contractors" who have optional DOG membership by holding a Welly NFT. The DOG structure remains under development.
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