Shiba Inu, a meme-coin project which mimicked dogecoin has revealed that it will be launching its own metaverse. The project, called “Shib: The Metaverse,” will introduce more than 100K plots of land to be unlocked at different times. The Shiba Inu team also announced the prices of the plots, which depend on their location, detailing that they will be sold for ether instead of the metaverse’s native token.
Shiba Inu launches Puppy Metaverse
Shiba Inu was one of several meme-tokens created to imitate the idea of dogecoin. It has since announced that it is developing its own metaverse initiative. The project, which is called “Shib: The Metaverse,” will have direct integration with Shiboshis, a series of NFTs the project issued before. According to the team, this project would be made by an unknown third-party gaming studio.
A project announcement states that:
Shib – The Metaverse is our community’s history. This layer contains beautiful visuals and displays our unity in creating a home that we can call our own.
Furthermore, the announcement declares that all of the tokens in the Shiba Inu environment will play an important role in the metaverse, and that the community will have a “great deal of interaction” in this virtual environment.
Price List for Land Lots
“Shib: The Metaverse” aims to have one of the biggest land maps when compared with similar projects. They confirmed the creation of more than 100K land parcels, and that these plots can be used to more than simply decoration. Although there were no details on how these plots would be monetized the Shiba Inu Development team said:
Shib:The Metaverse landowners will have the ability to earn passive income and in-game rewards.
The team will keep a portion of these plots to serve as common ground for players moving across the metaverse. Each plot will be priced differently depending on which metaverse tier it is.
Team had to clarify that they announced land prices in ether rather than in SHIB. This was the native token for the project. They stated that they were addressing this matter:
We will use all funds for Metaverse development. The team has decided to use a neutral cryptocurrency that can be traded into stablecoins.
What do you think about Shiba Inu’s metaverse project? Please leave your thoughts in the comment section.
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