November 2021 SHIB Burn - Shiba Coffee Company

November 2021 SHIB Burn - Shiba Coffee Company

November has been a busy month for us here at Shiba Coffee Company. We launched our online store, were featured in countless news articles (here, here, here, and here, with many other outlets also picking up the story), pledged to burn 10% of our profits as SHIB, received our first 2 payments in SHIB, made our first international shipments of coffee and merchandise to Canada, UK, Australia, Netherlands, and Japan, had a billboard displayed in Times Square, NYC, and sponsored the first ever Shiba Soccer Tournament in the world.

We are excited to announce that we received quite a few payments made in cryptocurrency this month, including two payments in SHIB. Our total sales made in SHIB for November totaled approximately $110. We also received payments in both ETH and BTC, totaling approximately $161. Our first SHIB sale is also memorialized as an NFT collectible on Rarible.

We also launched our first Lofi music album, under the artist Lofi SHIB. The album is available on Spotify, YouTube, Amazon, Apple Music, Deezer, QQ, and many other streaming services, and 100% of streaming revenue will be burned. In our first month, our songs were streamed 1,935 times! Once these streams are paid out, they will be added to our burn totals.

Our coffee has received positive reviews, and we are so excited that the SHIBARMY is enjoying our freshly roasted coffee! We have hear that many in the SHIBARMY would like to see us offer K-Cups and Nespresso Pods. This is something we are actively exploring, but have no news to share at the moment. 

We are also working diligently to try to onboard more small businesses to accept SHIB as payment, and have began compiling a list of known businesses that are already accepting SHIB. We encourage business to contact us if they would like to be added!

Finally, the moment you've all been waiting for. To add to this already long list of achievements, we have also completed our first burn! While the burn may be modest in absolute terms, it showcases the power of the SHIBARMY working together for a brighter future. Our profits for the first month were relatively modest too, so we have decided to burn more than the 10% originally pledged this month.

The more businesses we can onboard to take the SHIB Burn Pledge, the greater this number will become, and SHIB acceptance will continue to grow.

Proof can be found here:

We would like to thank everyone who has supported us in our first month of operations, and we are excited for what the future brings!


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