Shiba Inu-Based NFT Project Announces Launch Date on Shibarium

ColonelCoup, an NFT project based within the Shiba Inu community, has revealed its mint date, with a planned launch on Shibarium.

The recently launched Shibarium network has gained significant traction, especially among SHIB investors. A community of developers hopes to drive such usage even further with the upcoming launch of an NFT collection dubbed ColonelCoup.

ColonelCoup is promoted as the official mascot of the Shib CoOP, a community of developers, investors, and creatives dedicated to advancing the SHIB metaverse. The Shib CoOP is taking its popularity even further with the ColonelCoup collection, which is now expected to mint on Wednesday, Oct. 11.

C/p from my handlers: 🐔

In order to ensure a smooth mint for the Colonel Coup NFT Collection, we are setting the mint date for next Wednesday 10/11!
🧵1/7 pic.twitter.com/QpfFoTZ4uk

— ColonelCoup (@ColonelCoup1) October 5, 2023

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The ColonelCoup coup will be a blind mint, where users will purchase the NFT without seeing the item. The NFTs will remain hidden for three days after mint, with Saturday, Oct. 14, scheduled as the reveal date.

Being based on Shibarium means that users must hold SHIB and BONE tokens on the Shibarium network to participate in the mint event. Each item in the collection is priced at 5 million SHIB (appr. $36 at today’s prices), with BONE required to pay fees on the Shibarium network.

ColonelCoup stopped short of revealing the exact timing for the mint event and the reveal. These details will be made available in due course as the project prepares to become one of the earliest NFT collections launched on Shibarium.

However, amid the growing excitement surrounding the project’s launch, it is important for investors to consider the risks associated and examine their risk tolerance before potential engagements.

Shiba Inu Ecosystem Advances 

The upcoming ColonelCoup collection mint on Shibarium is only one of the many activities sparking excitement about the Shiba Inu project. As The Crypto Basic reported earlier, Shiba Inu lead developer Shytoshi shared a cryptic message suggesting that “something is brewing” for the project’s community.

While speculation remains rife in the air about what is brewing for Shiba Inu, early indications are that the development may concern the Shibarium network or a potential AI integration.

The Shiba Inu development team has been building close ties with the Bad Idea AI community and may make a foray into the trending technology in the near future.