Shiba Inu (SHIB) has just made history by becoming the first memecoin to be used as payment in a Web3 food order. The order was placed on DevourGO, a Web3 food ordering and delivery platform. It is not clear whether this is actually the first time a food order has been made using SHIB, but this has caused quite a stir in the SHIB community. This development also shows that SHIB is gaining adoption.
The museum’s public account: Encryption ah meow, avoid wasting beautiful skirts.
Last year, Wendy's fast food restaurants began accepting SHIB payments.
Web3 food order payments with SHIB are made possible thanks to Devour’s partnership with Coinbase Commerce. Shelly Rupel, CEO of Devour, said, “We are excited to work with Coinbase Commerce to make crypto spending on food effortless for millions of people. This integration opens up a huge opportunity. Crypto holders can now enjoy food delivery while easily paying with their Coinbase accounts. This is a win-win for both parties, providing cryptocurrency users with the convenience they crave and giving restaurants a new way to tap into a growing tech-savvy customer base.”
Will the Shiba Inu see a surge in adoptions?
The latest food orders are reminiscent of the Bitcoin pizza incident in May 2010, when Bitcoin holders paid 10,000 Bitcoins for a pizza. Although many people today would frown upon paying 10,000 BTC for a pizza, in 2010 it set the standard for BTC’s usefulness.
SHIB adoption may surge after the latest food order payment. As more utility comes into the memecoin, the higher the chances are that more people will start using it. As adoption increases, the price may also start to rise. SHIB has gone through a major correction in the past few days. The latest food order may cause the memecoin to rebound.
