News By  Kateryna Salnichenko
Newbie 1583 31 Mar 2022

SHIB: The Metaverse. Over 100,000 land plots for sale in Ethereum

The details of the Shiba Inu metaverse have become known. Initially, the project was supposed to be launched under the name Shibverse, but later it was changed to SHIB: The Metaverse. The developers plan to use all existing ecosystem tokens. The team expects its own metaverse to become a powerful tool for the development and popularization of Shiba Inu.

A true home for the community

According to the creators, SHIB: The Metaverse is a place with spectacular graphics, where each user can appreciate the unity, ingenuity and ideals of the community. 100,595 public and private virtual plots of land will become home for the fans of the meme-coin.

The unlocking of lands will be carried out sequentially: at first, the team will make available four districts and 36,431 land plots:

Silver Fur: 17,000+ land plots for 0.2 ETH;

Gold Tall: 7000+ land plots for 0.3 ETH;

Platinum Paw: 5000+ land plots for 0.5 ETH;

Diamond Teeth: 2000+ land plots for 1 ETH.

The decision to sell the land not for its own tokens appeared for a reason. According to the developers, Ethereum was chosen as a neutral currency because of its easier conversion into stablecoins, which will be needed for the further development of the project. They also reported a reluctance to expose the price of Shiba Inu tokens to additional risks that arise when they are used to sell land plots.

How to become landlord in the Shiba Inu Metaverse

The team has planned several stages of the auction:

the initial stage involves a three-day auction. The main condition for participation is the blocking of Doge Killer (LEASH) tokens;

the next auction will be held within seven days;

the lands that remained after the previous auctions will be freely available to everyone.

Each owner of the land plot will have the opportunity to change its name. To do this, you need to burn tokens.

SHIB Perspectives: The Metaverse

The developers are confident that their own land in the metaverse will provide users with passive income. Information about additional rewards and privileges has also been received. The details of it will be disclosed in the near future.

The announcement of the launch of the project led to the burst of activity on the official Shiba Inu Twitter account: the number of subscribers to the meme-coin profile exceeded 3 million. The team is confident that this is just the beginning and soon the popularity of cryptocurrency among investors will increase significantly.

Another round of conflict between Shiba Inu and Dogecoin

The competition between well-known meme-coins has been going on since the introduction of the Shiba Inu, which received the symbolic name “Doge killer”. After the announcement of the launch of the metaverse, the conflict has flared up again.

Billy Marcus, one of the co-founders of Dogecoin, made a big statement and called the Shiba Inu metaverse “accidental”, without concealing his outrage at the use of Ethereum to sell land. According to the programmer, with the help of ETH, developers only seek to increase the level of user confidence in the project.