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Every other project seems to take a leap in the digital space area as it promises huge growth and brings an entirely different future. Popular and second-largest meme token, Shiba Inu, has announced the development of its metaverse project. The initiative of the Dogecoin rival will be called ‘Shib: The Metaverse’; see how simple it is. The metaverse will have integration with Shiboshis directly; those are the NFTs Series that would be issued before the project. More specifications as the team stated that a third-party game studio would develop the project; however, its name has not been disclosed yet.
As per the announcement made by the project team, which states that Shiba: The metaverse is a high point of their history as a strong crypto community, displayed virtually in a beautiful visual layer showcasing their innovation and unity in such a place that they called truly a home.
More to the announcement is declared that all the tokens of the Shiba Inu environment will play a crucial role in the upcoming metaverse, and the community would have a great interaction deal in such a virtual environment.
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The Shiba Inu metaverse aims to have land maps that would be one of the biggest while comparing with other smaller projects. The team behind the project’s development also confirmed that there would be more than 100K land plots that will be created. With such a vast area, the project will be able to take advantage of several other useful developments other than just decorations. The price and way of their monetization have not been disclosed. Still, the development team of Shiba Inu stated that the users who would use the Shiba Inu metaverse land would be able to generate a passive income, gather in-game resources, and also generate rewards.
The team itself will keep a part of those plots to use as common grounds where players in the metaverse would need to move across the different maps. Each of those plots would have contained a special price that would depend upon the metaverse tiers in which the plot is grouped.
As per the team’s decision, the land plots prices would also be announced to use ether instead of the native token of project SHIB. As per the team, it is stated that they are looking for a neutral coin for selling in stablecoin to pay all the resources.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
