Cryptocurrency Shiba Inu announced the next phase of the expansion by joining the Metaverse. Mintha reported..
The Shiba Inu, created under the pseudonym “Ryoshi”, is considered a meme coin. This is a type of cryptocurrency created as a joke, not a serious product.However, Coin has gained real interest and regained the trust of early investors. Increased meteorites of that value.. The people behind the coin are now ready to take the next big step and have announced plans to become part of the current favorite of the tech world, the Metaverse.
What does the Shiba Inu Metaverse look like?
According to a blog post revealing Altcoin’s plans, the Metaverse is called SHIB and is dedicated to a new named domain. shib.ioTo deal with everything that will be revealed in the future.
In the near future, SHIB will launch an auction of some of the 100,000 plots in the Metaverse. Some of these plots will remain in the public domain as boulevards, hubs, connecting destinations in the Metaverse.
Interestingly, the Metaverse maker broadly defined the possible purposes of the plot when it announced that it would be part of four districts: growth, defense, technology, and currency. As we have actually seen, and because there is real estate in the Metaverse, the prices of these parcels are determined by their location.
In the first phase, more than 36,000 lots of virtual land will be sold. The plots are divided into four categories: Diamond Teeth, Platinum Paw, Gold Tail and Silver Fur, with a predetermined minimum price for each tier. Needless to say, the diamond layer plot is the best price and silver is the lowest rank. Surprisingly, in Metaverse you have to pay with Ethereum instead of your own coins.
SHIB’s future plans
There are multiple ways to own a virtual plot in SHIB, and the creators of the Metaverse promise a great way to monetize their own plots.
The details of the plan are still obscured, but the manufacturer has promised a way to generate passive income and rewards for being a SHIB parcel owner. Plot classification is also expected to bring unique functionality and privileges. Therefore, these virtual plots are not the same in SHIB, even if they were created with the same code.
In addition to this, other Shib family tokens such as $ LEASH and $ BONE are also expected to be part of the metaverse that grows and evolves over time. The creators of the Metaverse have reserved 15 plots of land for those who are deeply involved in the construction of this world, and more changes will be rolled out later this year.
One of them is Shibarium, which is Layer 2 where the Metaverse is developed. Stable coin Come from the turf ecosystem and overcome the fluctuations of the cryptocurrency market.
Does the Shiba Inu really respond to that prophecy that it is a “Dogekiller”? We probably know in the Metaverse.