Decentralized crypto Meme token Shiba Inu makes a strategic foray into the metaverse ecosystem.
The Meme token, Shiba Inu looking to be a worthy ETH-alternative to Dogecoin also plans to harness the benefits embedded in the Metaverse ecosystem. The metaverse is fast-becoming one of the top aspects of the blockchain and crypto space.
Over the last couple of months, we have seen strategic growth, development, and widespread foray into Metaverse. Not to be left out, Shiba Inu is out to harness the potential in this fast-rising sphere. In line with this, the Meme token has announced the proposed launch of the Shiba Inu Metaverse also dubbed “Shiberse”.
According to the announcement, the launch of the Shiberse will help to continually improve the Shiba Inu ecosystem. Bringing to life strategic use cases that will help shape the future of the Meme token. Interestingly, the Shiba Inu metaverse is still in the works, we expect more details to be released before the end of this month.
About The Shiberse
The Shiberse will function as the Metaverse arm of the Shiba Inu ecosystem. One major aspect of the Shibverse will be Shiba Lands and its unique auction system.
Shiba Lands
This means that interested persons will be able to own virtual real estate on the Shibverse. Decentraland and The Sandbox are some of the biggest metaverses with virtual real estate features. The potential in virtual real estate cannot be overemphasized. Hence, the launch of Shiba Lands. The land will soon be up for auction and will be the first step towards the full launch of the Shiberse.
The Shiba lands auction will take place using a unique queue system. This is in a bid to eliminate bots and prevent Gas wars. Therefore, the auction process is both seamless and fair.
The queue will make it possible for participants to hold or “Leash” Shiba Land. Anyone who will Leash Shiba Lands will enjoy priority and exclusive access when the lands are placed for auctions. The queue will also have an anti-dump feature. Therefore, it protects “Leash” holders. Once “Leash” holders have been attended to, the remaining land will be made available to the general public.
Interested persons can now purchase or LEASH Shiba Lands here.
About The Metaverse Ecosystem
There’s been a huge rally around the Metaverse space in recent times. We’ve seen increasing interest in the Metaverse ecosystem from both large and small firms. According to reports, this fast-rising sphere was with an estimated $478.7 billion in 2020 alone. 2022 will definitely hold more growth and development for this fast-rising space.
In conclusion, as part of the foray into the Metaverse, Shiba Inu has also entered into several strategic partnerships. With plans to partner with other top players in the Metaverse soon. These partnerships will bring Shiba’s decentralized ecosystem closer to achieving its goal of “disrupting the Metaverse Industry”.
SHIB Price
At the time of writing, SHIB was trading at $0.00003346 with a market cap of $18,379,457,482 and a 24-hour trading volume of $2,681,776,227. The Meme token price is also up by 9.8% in the last 24 hours.
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