Details related to the Shiba Inu Metaverse have been released! The much-awaited virtual reality project SHIB is in the Metaverse. Ether has been fixed as the pricing token for land deals in the Shiba Inu Metaverse. We know you must be curious about the Shiba Inu Metaverse, so here is a post that will clear all your doubts.
The initial speculation linked the Metaverse to Shiba Inu Games; this SHIB: The Metaverse is its project entirely. Users can enjoy passive income with the virtual real estate feature. Shiba Inu Metaverse will feature over 100K plots of virtual land for users. You can enjoy buying, selling, or leasing your virtual land and creating NFTs.
The Shiba Inu Metaverse real estate project which was in a long line of Metaverse land projects allows anyone who locked LEASH coins or Shiboshi NFTs to buy virtual land plots. The bidding for the land already started on 12 April and ended on 15 April lasting for 72 hours. The sale will take place in ETH instead of SHIB. You will also need a MetaMask wallet for this.
We can see a huge demand for SHIB: The Metaverse. Here is a post covering all the details related to the Shiba Inu Metaverse. Are you excited to get more information on this? So, let’s dive into the blog and check out more details about the Shiba Inu Metaverse.
What Is The Shiba Inu Metaverse?
The popular meme-coin, Shiba Inu, has unveiled the details regarding the Shiba Inu Metaverse known as SHIB: The Metaverse. It is the Metaverse space of the Shiba Inu ecosystem. It is hosted on SHIB.io.
The platform will allow users to rent their land and earn passive income on it. The public sale of land on the Shiba Inu Metaverse has also been announced. This is the third and final stage of the Shiba Inu Metaverse land sale. Here anyone interested can buy the remaining land at a starting price of $0.02 ETH without locking the $LEASH tokens.
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What Is The Shiba Inu Metaverse Release Date?
Shiba Inu has decided to launch its Metaverse very soon. The Metaverse is named SHIB: The Metaverse. We don’t have any specific release dates disclosed until now. SHIB: The Metaverse is likely to be released by this year only.
As per the official announcement, we can see it in 2022 only. It will be launched with 100,595 virtual land plots. But only 36,431 plots will be unlocked in the introductory phase. The commencement of the third and final stage of the Shiba Inu Metaverse land sale has also been announced. Let us find out more about this.
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Shiba Inu Metaverse Land
The Shiba Inu Metaverse has opened public land sales for SHIB: The Metaverse on Saturday. The Metaverse in general will consist of 100,595 plots of virtual land while some plots will be locked as they represent key locations for traveling within this Metaverse and will stay private to be used as common ground.
As per the developers, whosoever owns land plots in the Shiba Inu Metaverse, can generate passive income, generate rewards, and gather in-game resources. We have seen many top Metaverse projects such as Decentraland, the Sandbox, etc. that have attracted real estate. SHIB: The Metaverse is also expected to do the same.
Public ones will be available for buying while these will represent roads: Boulevards, Hubs, and Avenues. The bidding event lasted for around three days as it started on 12 April and ended on 15 April. It marked the earliest access to virtual land plots in the Shiba Inu Metaverse. Let’s gather some more information about this Shiba Inu Metaverse land sale.
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Details About The Shiba Inu Metaverse Land Sale
The bidding has already taken place from April 15 to April 17. SHIB: The Metaverse land is available for sale to anyone. Anyone can buy land and no locking is required for this. As per the tweet by the official page of SHIB: The Metaverse, the prices of the land will start from 0.2ETH. Interested buyers are also required to have a MetaMask wallet for buying land.
It will feature a total of 100,595 lands. However, only 36,431 land plots will be disclosed during the introductory period, and 32,124 will be available for buying. Some land will be locked as they’ll represent key locations to travel. Let us find out what will be the use of SHIB in the SHIB: The Metaverse.
What Will SHIB Be Used For?
SHIB will be used for adding logos and pictures to the land plots in the Shiba Inu Metaverse. The feature will also burn SHIB every time a picture is changed. It will also be used for naming land plots or even for renaming them. It will thus help to promote SHIB identity to the environment.
It can also be used for renting or leasing HUBS. HUBS are the highest valued lands or reserved spaces in the whole space. SHIB renaming and burns will be available at the public sale stage once both the bid and holder event stages are completed.
The launch of the public land sales met with a lukewarm reception from the community. The major criticism about the launch was due to the sale taking place in ETH (Ethereum) instead of SHIB. It also requires MetaMask wallets for sales. It is stated that SHIB support will be added very soon.
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What Is The Price Of The Shiba Inu Metaverse Land?
SHIB: The Metaverse project has the main goal to create a strong community in crypto history as per the CEO of Mudrex. The virtual land plots in the Shiba Inu Metaverse are divided into 4 categories. These are named Diamond Teeth, Platinum Paw, Gold Tail, and Silver Fur. The prices of the land plots are somewhat between 0.2 to 1 Ether or ETH. It is a neutral currency fixed for land pricing to ensure there isn’t any downside to the native token of Shiba Inu.
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Wrapping-Up:
This post covers all the details regarding the Shiba Inu Metaverse. We hope the post turns out to be useful and you have got a lot of information about the Shiba Inu Metaverse. Do share the blog with others if you find it informative. Don’t forget to tell us what you feel about the Shiba Inu Metaverse. We will be happy to know your views regarding this new Shiba Inu Metaverse.
Frequently Asked Questions
Q1. Is Shiba Inu A Metaverse Coin?
A. Shiba Inu, the meme-coin project, is launching its Metaverse. It will have around 100,595 plots of virtual land.
Q2. How To Buy The Shiba Metaverse?
A. You can easily buy the Shiba Metaverse coins.
- Check out Coinmarketcap to see which exchanges allow you to buy these coins
- Choose a platform to buy them
- Make your purchase on your preferred platform.
Q3. What Is SHIB Metaverse?
A. Shiba Inu has decided to launch its Metaverse. It is called “Shib: The Metaverse”. It will also introduce over 100K plots of virtual land that will be unlocked at different times.