LaborX Announces Full Support for Shiba Inu, Changing the Gig Economy Landscape
LaborX, a pioneering startup in the realm of Web3, has made a significant announcement by declaring its unwavering support for Shiba Inu, a cryptocurrency that has gained substantial traction and popularity within the crypto community. This move is set to reshape the gig economy, offering a unique platform where talents in the crypto ecosystem can connect with startups and businesses. Here’s a comprehensive look at the latest developments.
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LaborX & @Shibtoken partnership is heating up! 🔥
1️⃣ We’re adding a section on our platform entirely dedicated to the Shiba Inu community, with gigs created by ShibArmy freelancers & tasks paid exclusively in $SHIB 🚀
2️⃣ LaborX will burn the $SHIB & $BONE we receive in fees… pic.twitter.com/forjeXDu3I
— LaborX: Crypto Jobs & Web3 Hiring (@LaborXNews) October 13, 2023
Dedicated Support for Shiba Inu
LaborX has gone all-in to support Shiba Inu through its official X account. The platform has designated an entire section to Shiba Inu and its vibrant community. Within this section, members of the ShibArmy, the dedicated followers of Shiba Inu, will be able to create and offer their services, known as “gigs,” with payments being made exclusively in SHIB tokens.
Burning Tokens as a Sign of Commitment
In a display of commitment to the Shiba Inu ecosystem, LaborX has pledged to burn the SHIB and Bone ShibaSwap (BONE) tokens it receives as fees from completed tasks by freelancers on its network. This act not only showcases their dedication but also contributes to reducing the circulating supply of these tokens, potentially impacting their value.
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Seamless Onboarding Process
LaborX has made it easy for members of the ShibArmy to join their platform and start earning in SHIB. The onboarding process is designed to be user-friendly, enabling ShibArmy members to register, create gigs, and capitalize on their skills to earn SHIB.
Future Partnerships in the Pipeline
LaborX is not stopping at mere integration but is actively seeking partnerships that will provide added value to its stakeholders and the Shiba Inu community. These collaborations could further enhance the utility and adoption of SHIB tokens within the platform.
Shiba Inu’s Expanding Ecosystem
Shiba Inu is experiencing a promising growth trajectory with a series of projects integrating it. Notably, Shiba Inu holders can now use SHIB to purchase tickets for Taylor Swift’s ‘Eras Tour’ movie, thanks to a partnership between Bitpay and AMC Theatres. This demonstrates Shiba Inu’s growing presence beyond the crypto space.
Shibarium and NOWNodes Support
Shibarium, Shiba Inu’s layer-2 scaling solution, is also gaining support, with NOWNodes integrating 0xShibarium, an AI startup leveraging the Shibarium platform. These partnerships and integrations further validate Shiba Inu’s place in the broader blockchain and cryptocurrency landscape.
SHIB Token Price on the Rise
The support and partnerships surrounding Shiba Inu have contributed to a positive trend in the price of the SHIB token, which is currently up by 3.13% to $0.000007039, with a market capitalization of $4.145 billion. These bullish developments may align with the $0.0000116 price prediction made in October by Google Bard, underscoring the potential for SHIB to gain further value.
As LaborX steps into the world of Web3 and the gig economy, its support for Shiba Inu adds another layer of credibility and usability to the SHIB token. The cryptocurrency community eagerly watches as these partnerships and integrations continue to reshape the crypto and gig economy landscapes.
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Dr. Olajide Samuel juggles the demands of medical studies with a passion for cryptocurrency. A seasoned blogger, Olajide shares his vast global knowledge of the crypto space, offering insights to enthusiasts. Despite his busy schedule, his commitment to crypto remains strong, and he actively seeks ways to contribute to its future.
