The Dogecoin killer aka Shiba Inu (SHIB) is all set to enter the world of Metaverse. In a recent post, the creators of Shiba Inu have clearly said about their project named “SHIB: The Metaverse”.
As per the creators, the Metaverse project will tremendously help the #ShibArmy and will also help them to grow, share, and benefit together.
The creators recently posted a blog in which they say, “This new portal will be up and running in the next coming days, and for users to begin the process of locking their assets. Once this process is completed, the event should begin shortly after. This is officially your last call previous to the first phase and events engaging with the community.”
In recent updates shared by Shiba Inu developer Shytoshi Kusama, SHIB: The Metaverse lands might become available ”really soon.” Shibarium, Shiba Inu’s Layer 2 solution, has been under development for quite some time.
Shiba Inu (SHIB) had announced earlier this year that it’s all set to launch its own in-built ‘burn portal’. The platform will burn Shiba Inu tokens daily and remove them from circulation.
The development will increase its demand and create scarcity in the market paving way for sustainable price growth.
The recently unveiled SHIB: The Metaverse will consist of 100,595 plots of land. Each plot allows becoming part of the immersive Shiba-inspired environment.
However, some lands will remain locked as they represent key locations for travel within the metaverse and stay private to be used as common grounds.
These will represent roads: Avenues, Boulevards, and Hubs, while public ones will be available for purchase.