Shiba Inu Team Hints Collaboration With Bugatti Group

• A promotional video seems to hint at a collection of handbags with a Shiba Inu motif.
• The corporation has now created its own set of non-fungible tokens, joining the bandwagon.

The Shiba Inu cryptocurrency’s developers have hinted at a big announcement in collaboration with the Bugatti Group. Both companies have been mum on details, but a promotional video seems to hint at a collection of handbags with a Shiba Inu motif.

Bags, suitcases, briefcases, and other travel accessories are the specialty of The Bugatti Group. This brand has been around since the 1940s, and it has always been known for its extraordinary designs and exquisite materials.  The corporation has now created its own set of non-fungible tokens, joining the bandwagon.

Massive Boost For SHIB

The project has created the Bugatti Group Genesis NFT Collection, whose owners enjoy perks including early access to drops and discounts on future purchases and participation in special social media communities. Undoubtedly, Shiba Inu’s debut in 2020 has been a huge success, and this agreement demonstrates the token’s dedication to furthering its position.

Despite the huge drop in price, token demand is showing no signs of abating. Especially compared to its all-time high, SHIB is down by more than 90%.

The Bugatti Group NFT Project is a part of the “phygital” market. This is a space where customers may buy both physical and digital goods. Customers who purchase the NFT collection through the Bugatti Group online store get a “mint pass” that enables them to purchase limited editions of the product before its general distribution.

Bugatti Group now has the exclusive license to print one-of-a-kind apes onto actual pieces of baggage, thanks to a deal with the Bored Ape Yacht Club (BAYC).