The company behind the SHIB Burner playlist will hold a Shiba Inu 'Burn Party' next week, as the community's efforts to destroy SHIB continue to expand.
Bigger Entertainment's Burn Party will kick off on November 15th. It promises contests with SHIB prizes, an accompanying party and a live coin burn financed by ticket sales.
The Burn Party initially offered several tickets with different perks. Some of the extras – including a Shib Burn T-shirt, follow party and phone call – are now sold out. Tickets range from $5 to $95.
Tickets for the #SHIB BURN PARTY is live at https://t.co/VGIEzzwSOT Pay what you can over $5! 100% will be burned. We have 7 days to build the pot to a size able amount. Online contest w/ shib prizes, follow party, limited edition merch, etc. #shibarmy pic.twitter.com/4bbC76WQVj
— Steven Cooper (@iamstevencooper) November 9, 2021
Tickets are not available for purchase with SHIB, although this is understandable as gas fees would cost more than some tickets.
Steven Cooper, co-owner of Bigger Entertainment, noted that by raising money, the Shiba community can burn SHIB without large gas fees. “If most people tried to burn $5, their gas fees would be worth more than the burn itself,” he said. "This is a great way to cure it and work together."
Cooper also said he is in talks with companies to sell ads to fund additional SHIBs to burn.
Bigger Entertainmen explanation video:
With a goal of 1 billion SHIB destroyed, Bigger Entertainment's burning could take more than $50.000 of Shiba Inu out of stock. Bigger Entertainment has burned 115 million SHIB worth $6.000, financed by royalties from its Shib Burner playlist.
However, not everyone is convinced by these burns in the community.