This initiative is the response from the developers behind Shiba Inu to compete with Decentraland.
According to the Shiba Inu team’s blog post, a metaverse is about shared virtual spaces that form a perceived virtual reality environment.
And the goal is to create one of the strongest communities ever gathered in all of crypto’s history.
The SHIB project will include the entire Shiba ecosystem, for instance; $SHIB, $LEASH, $BONE tokens.
And it will come into play according to when certain phases implemented.
Moreover, SHIB : The Metaverse will feature 100,595 plots of land, public lands.
Then, it will available for purchase and some lands will be locked for use as common land and roads (avenues, boulevards and axes).
In other words, in the initial phase, the team will unlock 36 431 lands that will feature four districts.
(Growth District, Defense District, Technology District, and the Currencies District) will divided into four tiers:
- Silver Fur
- Gold Tail
- Platinum Paw
- Diamond Teeth
Above all, prices ranging from 0.2 ETH to 1 ETH according to the level, as the team decided to use a neutral currency.
Price list at SHIB : The Metaverse
- 0.2 $ETH for (Level 4) Silver Fur
- 0.3 $ETH for (Level 3) Gold Tail
- 0.5 $ETH for (Level 2) Platinum Paw
- 1 $ETH for (Level 1) Diamond Teeth
Furthermore, according to the SHIB project, this is an opportunity to generate passive income and generate rewards in a key year for its entire ecosystem.
“with new implementations like Shibarium, which will be the Layer 2 (L2) in which SHIB : The Metaverse will be developed, and even SHI, the Shiba Ecosystem stablecoin.”