Shiba Inu is following in the footsteps of multinational corporations by venturing into the metaverse. Shiba Lands will be the community’s first foray into the metaverse before its official release. To create a similar experience for the community, the virtual real estate platform draws influence from popular metaverse initiatives like Sandbox and Decentraland.
The stories in the yet-to-be-named metaverse will be available for purchase soon, according to the release. The metaverse’s title is scheduled to be revealed later this month. The team is collaborating with other projects on Metaverse research, design, and development.
Shiba Inu ecosystem tokens $SHIB and $LEASH showed a significant increase in demand shortly after the news broke. $LEASH holders will be especially favored, as the project has something in store for the Doge Killer.
To alleviate the problems created by bots and petrol fees, a queue system will be built specifically for the Shiba Land sales event. It is also intended to make the event fair and smooth. $LEASH holders will have first and exclusive access to the Shiba Inu Metaverse’s initial wave of plot sales. The team has also designed an anti-dump method to keep the token price from dropping after the sales are completed.
Following the first phase of exclusive sale, the remaining lands will be made available to the public. As part of increasing the marketability of each plot of land in the Metaverse, perks will be tied to it.
“The metaverse is set to be one of the largest locations within crypto for many to enjoy, while others will make material, and developers will set up shops within using it as another fantastic resource to offer incentivization, content, and regular royalties to crypto communities.” We will lead this metaverse region, as we do everything Shib does. “At this point, we are still in the early stages of development for the Shiba Inu Metaverse,” the release says.
