Shiba Inu’s Metaverse project is here. These are the top features

Alex Dovbnya

The Shiba Inu team has finally launched its highly anticipated metaverse project that will compete with Decetraland

In a March 30 blog postThe Shiba Inu team has revealed the juicy details about the much-discussed metaverse project called “SHIB: The Metaverse.”

As reported by U.Today, the developers behind the meme coins originally announced the ambitious metaverse initiative in early February to compete with companies like Decentraland.

The metaverse will consist of more than 100,000 lots, some of which will remain private.

The lots are unlocked in stages. During the introduction phase, the team will unlock 36,431 plots, which will be divided into four levels (“Silver Fur”, “Gold Tail”, “Platinum Paw” and “Diamond Teeth”). Prices range from 0.2 ETH to 1 ETH depending on the level. The team says it wanted to choose a neutral token for its pricing.

Entrants must lock their Doge Killer (LEASH) Tokens Shiboshis NFTs to participate in the three-day bidding event. Holders can also participate in the seven-day phase of the sales event. Finally, the remaining lots will be available for public sale once the first two phases are completed.

The team claims that the purchase of the land is an opportunity to generate passive income and generate rewards. Some of the privileges that can be unlocked by landowners will be revealed in the near future.

Metaverses represent virtual worlds that allow participants to simulate interactions in the real world. The concept gained wide popularity due to Facebook’s rebranding to Meta that took place last October.

Three million Twitter followers

Meanwhile, the official Twitter account of the meme cryptocurrency has surpassed three million followers.

In a celebratory tweet, the team behind the meme cryptocurrency thanked followers for taking the project to a “whole new level” of success.

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