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Shiba Inu announces SHIB, its own new Metaverse

It seems that the Shiba Inu meme coin doesn’t stop barking despite the criticism it receives from cryptocurrency experts and this Wednesday it has released more details about its own metaverse, which will be called SHIB.

What is the Shiba Inu metaverse?

This initiative is the response from the developers behind Shiba Inu to compete with Decentraland and, according to the Shiba Inu team’s blog post, a metaverse is about shared virtual spaces that form a perceived virtual reality environment and its goal is to create “one of the strongest communities ever gathered in all of crypto’s history.”

The SHIB project will include the entire Shiba ecosystem, with $SHIB, $LEASH, $BONE tokens, which will come into play according to when certain phases are implemented.

What will you be able to buy in SHIB : The Metaverse?

SHIB : The Metaverse will feature 100,595 plots of land, public lands will be available for purchase and some lands will be locked for use as common land and roads (avenues, boulevards and axes).

In the initial phase, the team will unlock 36 431 lands that will feature four districts (Growth District, Defense District, Technology District, and the Currencies District) will be divided into four tiers: “Silver Fur”, “Gold Tail”, “Platinum Paw” and “Diamond Teeth,” with prices ranging from 0.2 ETH to 1 ETH according to the level, as the team decided to use a neutral currency.

Price list at SHIB : The Metaverse

0.2 $ETH for (Level 4) Silver Fur

0.3 $ETH for (Level 3) Gold Tail

0.5 $ETH for (Level 2) Platinum Paw

1 $ETH for (Level 1) Diamond Teeth

According to the SHIB project, this is an opportunity to generate passive income and generate rewards in a key year for its entire ecosystem “with new implementations like Shibarium, which will be the Layer 2 (L2) in which SHIB : The Metaverse will be developed, and even SHI, the Shiba Ecosystem stablecoin.”

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