After Amazon, WEF wants to partner with Shiba Inu – Will it drive SHIB price to $2? – Crypto News Flash

After Amazon, WEF wants to partner with Shiba Inu – Will it drive SHIB price to $2?

Bhushan AkolkarBy No CommentsJohn Kiguru edited by John Kiguru
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  • The World Economic Forum is reportedly keen to work with Shiba Inu on the global Metaverse policy.
  • Shiba Inu will also be present at this year’s Immerse Global Summit 2022 along with other industry giants like Microsoft and Meta Inc.

The latest development in the town is that World Economic Forum (WEF) is looking to work with memecoin ecosystem Shiba Inu on a global policy. Shytoshi Kusama, the developer and volunteer project lead at Shiba Inu made the announcement.

In a tweet on Tuesday, November 22, Kusama said that they have been invited by the WEF to collaborate on “MV global policy”. The Shiba Inu developer is likely talking about the Metaverse policy here. Reaching out to the community, Kusama has launched a Twitter poll asking:

ShibaArmy I need a quick vote: We have been kindly invited to work with the WORLD ECONOMIC FORUM as it pertains to their MV global policy. Would love to know what you all think because it’s not our decision, but yours.

Digital assets and blockchain technology have been a subject of discussion at several WEF events recently. However, it would be the first time that the global organization has been partnering with a popular meme token.

Adding further, Kusama noted:

Yes I am serious. We would be at the table with policy makers and would help shape global policy for the MV alongside other giants like FB (bye Zuck), Sand, Decentraland etc.

As of press time, 18,678 have voted for the poll with 62.8 percent saying it would be great to work with WEF on MV. Nearly 27.1 percent of respondents have said not to work with the WEF. While it doesn’t matter to the rest of the 10 percent of respondents.

SHIB up 8.35% amid other developments

The latest development comes as reports circulate that Shiba Inu (SHIB) is entering into a partnership with retail giant Amazon. As of press time, Shiba Inu (SHIB) is trading at 8.35 percent up at a price of $0.000008996. However, amid the broader market correction, the SHIB price has corrected more than 80 percent over the last year.

During the crypto bull run of 2021, Shiba Inu (SHIB) was one of the most traded altcoins in the market. In another major development, lead Shiba Inu Metaverse advisor Marcie Jastrow will be representing the memecoin ecosystem at the Immerse Global Summit 2022.

Jastrow will be speaking at the summit scheduled to begin on December 5th and end on December 7th, 2022, at Fontainebleau Hotel Miami, Florida. This development will certainly bring wider recognition to Shiba Inu on a global front.

At the event, Jastrow will share light on the development of the entire Shiba Inu ecosystem. She will be sharing the stage along with speakers from big companies such as Meta Platforms, Inc. (Meta), Microsoft (MSFT), web3equity, and TerraZero. The Immerse Global Summit 2022 will have over 1000 attendees, including 300+ company representatives, 200+ speakers, and 20+ industry verticals.

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Bhushan Akolkar

Bhushan Akolkar

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Bhushan is a FinTech enthusiast and possesses a strong aptitude for understanding financial markets. His interest in economics and finance has drawn his attention to the emerging Blockchain Technology and Cryptocurrency markets. He holds a Bachelor of Technology in Electrical, Electronics, and Communications Engineering. He is continually engaged in a learning process, keeping himself motivated by sharing his acquired knowledge. In his free time, he enjoys reading thriller fiction novels and occasionally explores his culinary skills.
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