- LaborX dedicates a platform section to Shiba Inu, allowing the ShibArmy to earn in SHIB for gigs.
- LaborX commits to burning SHIB and Bone ShibaSwap (BONE) tokens from its platform fees.
A New Horizon for Shiba Inu on LaborX
Shiba Inu (SHIB) continues its impressive integration run, this time receiving a significant nod from LaborX, the decentralized answer to LinkedIn designed for Web3 enthusiasts. Recently, through its official X account, LaborX publicized its decision to support Shiba Inu comprehensively. It’s not just a fleeting integration; LaborX has earmarked a dedicated section of its platform exclusively for Shiba Inu and its vibrant community.
Web3 #LinkedIn's LaborX fully integrates Shiba Inu (#SHIB) and aims to burn SHIB tokens with accrued fees. Members of the #ShibArmy can create gigs and earn in SHIB, strengthening #Shib Inu's growth. 🚀🚀🚀https://t.co/odJIZE4SBj pic.twitter.com/pYG3pKnRZc
— Collin Brown (@CollinBrownXRP) October 15, 2023
Web3 Meets the Gig Economy
LaborX is not just another platform in the crypto space; it’s revolutionizing the way the gig economy meshes with the emerging Web3 environment. By design, LaborX bridges startups and businesses with adept talents that are deeply entrenched in the cryptocurrency world.
However, the Shiba Inu integration takes this a step further. As part of the initiative, gigs formulated by the ShibArmy members will inhabit this exclusive section. What’s more enticing is the fact that these gigs, once completed, will be compensated wholly in SHIB tokens.
Furthermore, signaling its staunch support for the Shiba Inu ecosystem, LaborX pronounced its intention to burn both SHIB and Bone ShibaSwap (BONE) tokens that it amasses as fees from accomplished tasks by its freelancing community.
To simplify the onboarding for ShibArmy members, LaborX elucidated its registration process. Users can effortlessly sign up, delineate gigs, and earn in the coveted SHIB tokens. And in anticipation of magnifying this integration’s impact, LaborX has hinted at prospective collaborations aiming to bestow tangible value back to every stakeholder in its expansive ecosystem.
Broadening the SHIB Footprint
Shiba Inu’s integration tapestry is enlarging rapidly. A vivid illustration is the recent enablement for Shiba Inu token holders to secure tickets for Taylor Swift’s ‘Eras Tour’ film using SHIB – a remarkable feat achieved via a collaborative effort between Bitpay and AMC Theatres.
The embracement doesn’t stop here. Shibarium, Shiba Inu’s layer-2 scaling solution, has gained traction from NOWNodes. This engagement includes a merger with 0xShibarium, an AI venture deriving its capabilities from the Shibarium infrastructure.
As Shiba Inu keeps raking in these partnerships, it’s evident that the potential for a bullish trajectory for SHIB is increasing. Currently, with a market cap poised at $4.145 billion, any positive shift could push it towards the optimistic $0.0000116 October forecast, as projected by Google Bard.