The second memecoin the most famous on the Internet reveals on his blog information about his metaverse and the land system.
You can learn more about the features of the future metaverse and the various uses around it on the Shiba Inu ecosystem blog.
The Metaverse will “consist of 100,595 plots of land”, 36,431 of which will be unlocked and can be purchased during the Metaverse’s introductory phase.
These 36,431 lots will be located in one of four districts: Growth, Defense, Technology and Currency. There will be four price levels: “silver fur” (0.2 ETH); “gold tail” (0.3 ETH), “platinum leg” (0.5 ETH); and “diamond teeth” (1 ETH). The prices shown here are the lowest and are likely to rise quickly during secondary market sales, as seen with Decentraland or TheSandbox.
In English, to make your search easier:
– Tier 4 Silver Fur: 17,030 Countries
– Tier 3 Gold Tail: 7,356 countries
– Tier 2 platinum leg: 5,714 countries
– Tier 1 diamond teeth: 2,024 lands
A first surprising element is the fact that investors in ETH have to pay. The team defends this idea by researching a “neutral” currency that can be easily converted into stable coins for developers, and also to avoid too much speculation about the price of native SHIBA tokens.
Among the great information, we can also note that the blockchain of low (level) 2 Shibarium will be used for the development of the SHIB metaverse and the stable currency SHI.
This blockchain is indeed long awaited, currently Shiba is an ERC-20 token on the Ethereum blockchain. SHIBA therefore suffers from exorbitant gas fees that keep new institutional and retail investors on the sidelines. This is why many observers believe that Shibarium will be a game-changer for Shiba Inu as it will improve network performance and make SHIB an important crypto asset.
Cryptocurrency has also been on the rise for a while and could even experience a 24% increase.
Additionally, in the SHIB metaverse, landowners “will be able to generate passive income, collect in-game resources, and generate rewards.”
SHIBs will be burned when land buyers rename their plots.
Detail of the SHIBA Land Sales System
The bidding period lasts 3 days (72 hours), and this is the first entry to some lots, in a “fresh and undiscovered” Shib world! †
In order to access the first three-day event, participants must lock their LEASH or NFT Shiboshis through a newly created and easy-to-use in-app tool on the official website.
At the end of the event, the highest bidder gets ownership of the land. The authorized owner can enter the lot(s) as soon as the timer expires.
There is an exclusive second phase for the phase release that will allow LEASH and Shiboshi NFT holders to participate in another opportunity as well. Always use the safe LEASH / SHIBOSHI to participate. This is the Event holder† This phase lasts for 7 days and starts immediately after the BID event ends.
After the first 10 days (Phase 1 and Phase 2), the public sale begins.
In this final step, anyone can purchase the remaining available land on the map, at a fixed price, and without having to lock down their ecosystem assets.
controversy on twitter
The creator of Dogecoin, the largest memecointo publicly show his displeasure against this Shiba Inu metaverse.
You can read on his Twitter † 100000 land at 0.2-1 eth each => they raise another 100-300 million dollars on top of what they have already earned making shiba.
I hope it’s worth it. Good luck everyone. †
Finally, it’s hard to know if this project is the start of a great metaverse, or if it’s another way to easily get a few hundred million back in an increasingly explosive crypto universe. As always, we advise you to invest carefully and with knowledge of the project and the risks surrounding it.
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Observer of the social, economic and financial revolution powered by cryptocurrencies, defi and metaverses.