The Shiba Inu Ecosystem team has revisited the prospects that the Shiboshi NFTs could fulfill passive income purposes for SHIB enthusiasts.
Recently, Shiba Inu content marketer Lucie engaged community members by encouraging them to guess the author of a comment suggesting that Shiboshi NFTs have passive income potential.
The quote read: “You think depth [price]; I think passive income for life.”
“You think about bottom (price); I think about passive income for life.”
Do you know the author of this quote? 🤭
Tag him!— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 🧜🏼♀️ (@LucieSHIB) March 12, 2024
Some community members correctly identified the author as Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu ecosystem.
Notably, Kusama made this comment almost three years ago on the Shiba Inu Discord server in response to concerns raised after the launch of Shiboshi, the Shiba Inu NFT project. At the time, some community members complained about the project’s management and roadmap.
The goal of Shiba Inu NFT is lifelong passive income
One community member specifically expressed frustration with the underperformance of Shiboshi NFTs compared to Doodles NFTs.
The commenter pointed out that both projects were launched within three days of each other. Still, Doodles NFTs had reached a price floor of 3.5 ETH and a volume of 28.8K ETH. Notably, the Doodles NFT project was launched on October 17, 2021, and by December 13 of the same year, it had daily sales of over $2 million.
The community member, on the other hand, highlighted that Shiboshi was left with a bottom of 0.8 ETH and a volume of 9.8K ETH. The commenter highlighted that Doodles NFTs did not have the brand recognition of Shiba Inu, but Shiba Inu NFTs still underperformed.
When Kusama drew attention to the hype surrounding Doodles NFTs, he argued that the project wasn’t just based on hype.
In response, the Shiba Inu leader pointed out his view of Shiboshis, viewing them as a source of lifelong passive income rather than something to dabble in temporarily for immediate profit. Specifically, Kusama noted:
“You think depth [price]; I think passive income for life. We are not the same.”
Shiba Inu leads commentary on passive income
Interestingly, some community members joined Kusama’s perspective and extended it to the entire Shiba Inu ecosystem as a potential source of passive income.
Notably, Shiba Inu content specialist Lucie revisited this conversation amid the recent success of SHEboshi, Shiba Inu’s latest NFT initiative. As reported by The Crypto Basic, SHEboshis sold out within five minutes after the project entered its second coin phase.
Moreover, the crypto world is experiencing a bull run, and Shiba Inu’s token SHIB is performing extremely well. Proponents believe that other SHIB-themed projects like Shiboshi could benefit from the SHIB market frenzy, in line with the Shiba Inu team’s passive income projection.