Bugatti Group is introducing a line of NFTs and tangible goods in collaboration with Shiba Inu, the cryptocurrency initiative with a dog theme.
The Shiba Inu team recently shared information about their collaboration with the legendary luxury accessories and luggage brand Bugatti Group on Twitter.
According to the thread, as part of the cooperation, the Bugatti Group will throw a unique “mint party” to unveil a selection of NFTs and tangible goods for The Shiboshis NFT genesis holders.
The Twitter space will open on January 15 at midnight UTC.
Recall that the Shiba Inu team tweeted a clip showing handbags with Shiboshi designs on Sunday to tease the cooperation.
The NFT collection will include 299 limited releases and a unique first edition release at a 0.14 ETH mint price, the developers stated in the thread today.
95% of all mints will also get a limited-edition cross-body bag simultaneously.
Comparatively, 15% of the community members will receive carry-on items they can personalize with Shiboshi NFT designs.
Minting will begin concurrently with the Twitter space event, and NFT holders will have a week to claim their physical goods. Additionally, the Bugatti Group provides a 55% discount on its exclusive Shiboshi collection of travel items.
Sammy Arriaga, Emma Miller, and Violetta Zironi will perform during the event.
Users were thrilled by the news, and many expressed the hope that it would boost the price of SHIB, which has fallen along with the rest of the cryptocurrency market due to the current bear market.
It’s important to note that The Shiboshi NFT collection is among the first initiatives taken by the Shiba Inu community to combat the meme coin tag.
The ecosystem’s first excursion into Web 3 and the metaverse were with the NFT collection, it debuted in October 2021 with 10,000 distinct NFTs.
According to data from CoinGecko, the floor price of the Shiboshis at the time of publication was 0.6 ETH, up 23.9% from the previous day.