Shiba Inu, one of the most popular meme coins, has revealed some details about what its new metaverse will look like.
The team behind Shiba Inu has announced the launch of SHIB: The MetaverseThis is a virtual space where SHIB ecosystem tokens such as $SHIB, $LEASH and $BONE will enjoy new use cases. In this way, the community will also have new opportunities to participate in the project.
The Shiba Inu Metaverse will also feature new foundational partnerships and resources for the community to explore, interact with, and benefit from.
The virtual space of Shiba Inu will be developed on Shibarium, the layer 2 solution created by the SHIB team.
Shiba Inu's Metaverse Land Plots
The metaverse of Shiba Inu will feature 100 plots of land, each offering an opportunity to participate in a Shiba Inu-based ecosystem.
The land parcels will not be sold all at once, but will be sold in phases. The first phase will involve the sale of 36 parcels divided into four districts: Growth District, Defense District, Technology District and Currencies District.
The initial sale will lay the foundation for one of the main features of this metaverse: The price of land will vary depending on its locationThe great thing about dividing plots into locations is that it offers more opportunities to build in key strategic areas, which have been categorized into the following: Silver Fur, Gold Tail, Platinum Paw, and Diamond Teeth.
For the purchase of land, the SHIB team has chosen to use a neutral currency, such as Ether. The development team has noted that “using the native Shiba Inu token for the purchase of land is a risk, as they would have to have lowered the price, which could lead to a further drop.”
In this sense, the prices are:
- 0,2 ETH for Silver Fur (Tier 4)
- 0,3 ETH for Gold Tail (Tier 3)
- 0,5 ETH for Platinum Paw (Tier 2)
- 1 ETH for Diamond Teeth (Tier 1)
What can the owners do?
Owners of plots of land in the Shiba Inu metaverse will be able to generate passive income, as well as collecting in-game resources, and generating rewards, which have not yet been revealed.
Users who own a plot of land will also have the option to burn a certain amount of SHIB tokens to rename their plots of land.
Later, new features will be implemented for the rest of the ecosystem tokens such as $LEASH and $BONE, which in the following phases of the land sale, can also be used to purchase plots.
Shiboshi Zone appears!
To honor the holders of a Shiboshi, the Shiba Inu-themed NFT, The Shiba Inu metaverse will feature an area of 2.000 plots restricted to them.
In this context, 2.000 of the 3.593 wallet addresses that own a Shiboshi, They have already been whitelisted (completely randomly) and will have early access to the sale of land plots.
Selected addresses will be able to purchase or bid on plots during the Early Access event. There will be no limit on plot purchases, so a single address can purchase as many plots as they want.
If at the end of the pre-sale there are any plots left to sell, the remaining 1593 addresses will be included and have the opportunity to claim their space in the Shiba Inu metaverse.
