Shiba's metaverse to feature more than 100k land plots and use ether as land pricing token. godbole17 reports.
Developers behind popular meme cryptocurrency shiba inu have unveiled details of their virtual reality project"SHIB: The Metaverse," announcing 100,595 land plots, some of which will remain private.
Land plots will be released in phases. The introductory stage will unlock 36,431 plots, divided into four categories: Silver Fur, Gold Tail, Platinum Paw, and Diamond Teeth and priced between 0.2 ether to 1 ETH. The team has decided to use neutral cryptocurrency as a land pricing token to ensure there is no downside risk to Shiba native coins.
"Using our Ecosystem Tokens is a risk, as we would need to dump our own tokens price cashing them! And that's far away from our plans," developers said in theLand buyers will be able to generate passive income, gather in-game resources, and generate rewards, which the team said it will reveal soon."We will be introducing the first special role that Shiba Inu $SHIB will play in the Metaverse," the announcement said.
The rest of the SHIB ecosystem coins like LEASH and BONE will play a role as more phases are rolled out, developers said,The Metaverse will be developed in Shibarium, a layer-2 solution for SHIB.at a foray into the metaverse in early February.
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