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Shiba Inu Announces Plan To Enter Metaverse, Likely To Compete With Decentraland

by Nick Erickson
April 2, 2022
in Business
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Shiba Inu Was The Most Popular Crypto In 2021 With 43 Million More Views Than Bitcoin
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Shiba Inu has announced plans to launch the so-called Metaverse . to enter

After gaining fame as the “Dogecoin Killer”, Shiba Inu has now detailed his vision to enter the so-called Metaverse† The creators of the popular cryptocurrency have shared some details of the SHIB: The Metaverse. The highly anticipated project will have more than 1 lakh land plots, some of which will remain private (not for sale) so that they can be used as community lands, roads, parks, commercial or social hubs. Those categorized as public property will be available for purchase by the participants.

Explaining the vision for SHIB: The Metaverse, the creators said in a blog post that the project will have 100,595 plots of land and each of them will be “an exciting opportunity” for participants to enter the immersive Shiba-inspired environment. They said all three native Shiba Inu coins – SHIB, LEASH and BONE – will play a role in the project as the phases roll out. But waiting for the plots will be done in Ethereum.

The makers said that the development of the Metaverse project continues and that the plots will be released soon. “During our introductory phase for SHIB: The Metaverse, 36,431 plots will be unlocked, while a portion of 4 different districts will be welcomed and unveiled: Growth District, Defense District, Technology District, and the Currency District,” she added.

The lots are divided into four categories for the first phase, in ascending order of importance and likely demand, namely Silver Fur (Tier 4), Gold Tail (Tier 3), Platinum Paw (Tier 2) and Diamond Teeth (Tier). 1).

There will be 17,030 Tier 4 plots, 7,356 Tier 2 plots, 5,714 Tier 2 plots and 2,024 Tier 1 plots. No fewer than 4,307 plots are closed as private.

The minimum and fixed prices for each Tier are set as follows:

— 0.2 ETH for (Tier 4) Silver Fur

— 0.3 ETH for (Tier 3) Gold Tail

— 0.5 ETH for (Tier 2) Platinum Paw

— 1 ETH for (Tier 1) diamond teeth

Cryptocurrency experts say that Shiba Inu is entering the Metaverse to compete with Decentraland, another player in the 3D virtual world that opened to the public in February 2020.

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