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Shiba Inu ready to enter Metaverse, will sell digital plot

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HIGHLIGHTS :

  • The Shiba Inu Metaverse is currently codenamed “Shiberese”.
  • Shiba Land will be presented as a virtual real estate project
  • Holders of the Doge Killer cryptocurrency will get the first entry in Shiberse

The Shiba Inu Metaverse is currently codenamed “Shiberese”.

After posting manifold profits in the cryptocurrency space, the meme coin Shiba Inu has decided to enter the metaverse. The developers of Shiba Inu announced that they will soon release a Shiba land plot for purchase in the Metaverse. For those who don’t know, let us tell you that the Metaverse will function as a virtual world, giving people the experience of interacting with each other as 3D avatars through digital elements. Backed by blockchain, this space is attracting many small and large tech companies.

The Shiba Inu Metaverse is currently codenamed “Shiberese”, but community leaders have promised to introduce its official name later in February.

Shiba Land will be presented as a virtual real estate project

The operators of this meme coin aim to present their Shiba land as a virtual real estate project.

Holders of the Doge Killer (LEASH) cryptocurrency created by SHIB creators will get their first entry into Shiberse. According to CoinMarketCap, the LEASH token was trading around $1,769 (approximately Rs 1.30 lakh) at the time of writing the news.
“After this exclusive process of selling the land is over, the remaining land will be unlocked and made available to the public,” the announcement further said.

The Shiba Inu team is also in talks with unknown entities to gain participation in this Metaverse project.

This cryptocurrency was created in August 2020 by an unknown creator, Ryoshi, and is known as the Dogecoin killer. Shiba Inu, who came to the market after Dogecoin, had gained tremendous response in the market as soon as it came.

Holders of the Doge Killer cryptocurrency will get the first entry in Shiberse

At the time of writing this, each SHIB token on CoinMarketCap was priced around $0.00003342 (approximately Rs.0.0025).

Many research reports say that by 2024, the market of Metaverse will reach $ 800 billion (about Rs 59,58,719 crore).

Cryptocurrencies are an integral part of the metaverse, as they allow people to calculate the value of digital assets and the returns derived from them in fiat currency.

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