Coinfeeds Daily → Shiba Inu Makes History with First Web3 Food Delivery Purchase

Shiba Inu Makes History with First Web3 Food Delivery Purchase

Published: Jun 14, 2024 | Last Updated: Jun 14, 2024
Howard Kane
A food delivery in a digital environment
Image: A food delivery in a digital environment

DevourGO and Coinbase Commerce partnership enables SHIB payments, marking a significant step towards mainstream adoption of cryptocurrencies.

Shiba Inu (SHIB), a popular dog-themed cryptocurrency, has made history by being used for the first-ever Web3 food delivery purchase. This milestone was achieved through the DevourGO platform, marking a significant step towards mainstream adoption of SHIB and cryptocurrencies in general.

DevourGO and Coinbase Commerce Partnership

DevourGO, a Web3 food ordering and delivery platform, recently partnered with Coinbase Commerce to facilitate this groundbreaking transaction. This partnership allows users to pay for their meals using SHIB through their Coinbase accounts. This development not only provides a convenient way for SHIB holders to use their cryptocurrency but also signifies growing mainstream acceptance and potential value increase for SHIB.

Significance of the First SHIB Payment

The first-ever Web3 food delivery order paid entirely with SHIB is a significant moment in the acceptance of digital assets in mainstream commerce. This event showcases the integration of SHIB as a payment method, providing a new utility for SHIB holders. The acceptance of SHIB for such transactions highlights its growing legitimacy and potential increase in demand in the market.

Comparison to Historic Bitcoin Pizza Purchase

This development is being compared to the historic Bitcoin pizza purchase, which marked a pivotal moment in the adoption of Bitcoin. Similarly, the use of SHIB for a Web3 food delivery order signifies a potential surge in SHIB's adoption and utility. Following its acceptance by Wendy's for payment last year, this milestone further cements SHIB's place in the evolving landscape of digital currencies.

Future Implications

The successful use of SHIB for a Web3 food delivery order on DevourGO highlights the potential for increased adoption and utility of SHIB in the future. As more platforms and merchants begin to accept SHIB and other cryptocurrencies, the mainstream acceptance of digital assets is likely to grow, paving the way for a more integrated and versatile financial ecosystem.

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