HomeNewsShiba Inu launches SOU on-chain NFT to aid 'impacted users' amid fading...

Shiba Inu launches SOU on-chain NFT to aid ‘impacted users’ amid fading NFT hype &skeptics

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Shiba Inu announced on Tuesday the launch of “SHIB Owes You” (SOU), an on-chain NFT designed to support impacted users with payouts, donations, and occasional rewards. The team linked a claim dashboard for the program, as stated on the project site (SOU dashboard).

“SOU is live. Introducing SOU (SHIB Owes You), an on-chain NFT built as a good-faith effort to support impacted users with payouts, donations, and occasional rewards. Transparent. Tradable. On-chain. You can transfer it, split it, merge it, or trade it on marketplaces.” The NFT is tradable and can be transferred, split, merged, or traded on marketplaces.

The announcement did not identify specific beneficiaries, and observers noted the likely link to last year’s $2.4 million Shiba Inu hack (Ed. note: this was cited as the probable impacted group). The team did not publish detailed eligibility or payout mechanics in the initial release.

The launch received limited engagement on social media, with the announcement tweet drawing under 500 likes, showing weak initial interest (the announcement tweet). The broader NFT market has seen declining demand since 2022, reducing investor enthusiasm.

The rollout follows other recent product moves from the team, including the release of digital stickers for Telegram. Market commentators point to large losses in high-profile NFTs, such as Logan Paul’s purchase that fell from about $635,000 in 2021 to roughly $155 today.

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