Recently, the SHIB official announced a major news: using NFTs to compensate users for losses caused by the Plasma Bridge theft. This move is quite innovative—rather than traditional direct transfers, it converts the loss amount into tradable NFTs on the Ethereum chain. At first glance, it sounds a bit outrageous, but upon closer thought, it’s definitely more sincere than choosing to hide the issue.

The process is as follows: users submit proof of loss → the system mints a corresponding value compensation NFT → holders can exchange it for SHIB or trade it on the secondary market at any time. In simple terms, it replaces direct compensation with a digital certificate. It sounds like a game of words, but at least it shows an attitude.

However, this approach has several pitfalls. First is liquidity—who would genuinely be willing to buy these compensation NFTs on the market? If no one wants them, the users’ assets become worthless paper, which is a secondary harm. Second, the value of NFTs is inherently linked to the market prices of SHIB and Ethereum; if the market dips, the compensation amount shrinks accordingly, hiding significant risks. Most critically, short-selling institutions have long used this as an excuse to short the project—after all, compensating with NFTs is still just paper wealth, not as solid as real cash.

From the perspective of the SHIB project’s usual style, this move is quite in line with their tone—clearly capable of doing more but choosing a creative approach instead. But on the other hand, compared to projects that simply run away, at least this is an attempt to make up for it. If the NFT design is attractive enough, it might even reach new heights. However, for affected users, the real test is how much real money these NFTs can ultimately be exchanged for.