In a Monday update, Shiba Inu developers stated that the Shiba Inu's Metaverse, a project that enhances the (SHIB) Shiba Inu ecosystem's utility, is scheduled to launch in December.
"While all advancement takes time, the MV group is certain that toward the finish of 2023, clients will have the chance to investigate a portion of the region in this phenomenal world, form, plan, play, and create inside it," designers said Monday.
However, it should be emphasized that not all regions of the Metaverse will be finished as it is an ongoing effort, the developers continued.
Landowners can collect in-game resources, earn rewards, and earn passive income from their plots. In addition, the developers intend to introduce a method of earning money and provide players with a private area in which they can construct and manage their projects.
Users can create their humanoid dog-shaped avatars in the metaverse to explore, visit, and interact with lands and contribute to the game's economy.
Shibarium, a layer 2 network that will launch in the future and utilize tokens from the Shiba ecosystem like bone (BONE) and leash, will be used to create the metaverse (LEASH). The testnet for Shibarium is already operational.
How Does Shiba Inu Metaverse Work?
Metaverse is a virtual existence where individuals can communicate utilizing their virtual 3D symbols and non-fungible tokens (NFTs). SHIB, LEASH, and BONE are the three crypto tokens that will be used in the Shiba Inu metaverse; Ethereum (ETH) will be used to purchase land in the metaverse world.
Shiba Inu reported in a blog that they mean to give their clients a 3D intuitive and imaginative virtual world to mess about, investigate, and have a great time. In this metaverse, there will be 3D animated graphics. In addition, the creators of the metaverse have announced the launch of their brand-new website, which is accessible at https: In this regard, SHIB.io However, Shiba Inu has not yet disclosed the partnership's specifics.
An excerpt from their blog stated, "The community will have a great deal of interaction, future choices, and creative ways to immerse themselves in this environment."
The Plots of Land in the Shiba Inu Metaverse Shiba Inu announced in the same blog post that a total of 100,595 plots of land would be available, and each of these plots will be a part of the immersive Shiba Inu metaverse experience. As of now, however, just 36,431 plots of land will be ready to move. These will be divided into the following four districts: Currency District, Defense District, Growth District, and Technology District.
The blog says that some of the metaverse lands won't be sold because those areas will be used as common grounds. Roads, avenues, boulevards, hubs, and other similar structures are examples of these. The only land that can be purchased is public land.
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