The project, called “Shib: The Metaverse,” will introduce more than 100K plots of land to be unlocked at different times. The Shiba Inu team also announced the prices of the plots, which depend on their location, detailing that they will be sold for ether instead of the metaverse’s native token.
Shiba Inu, one of the meme-tokens launched mimicking the idea of dogecoin, the first meme-coin, has now announced the development of its own metaverse initiative. The project, which is called “Shib: The Metaverse,” will have direct integration with Shiboshis, a series of NFTs the project issued before. The team specified that this project would be developed by an ayet-unnamed third-party game studio.
According to an announcement issued by the project team:
Shib: The Metaverse is the culmination of our history as a community, virtually displayed, in a layer of beautiful visuals that showcase your innovation and unity with a place to truly call home.
Furthermore, the announcement declares that all of the tokens in the Shiba Inu environment will play an important role in the metaverse and that the community will have a “great deal of interaction” in this virtual environment.
A part of these plots will be kept by the team to be used as common grounds needed for players to move across the map of the metaverse. Each one of these plots will have a different price depending on the tiers of the metaverse in which the plot is grouped.
The prices of the land plots were announced in ether instead of in SHIB, the native token of the project, a decision that the team had to explain. On this issue, they stated:
As we will use the collected funds to pay for the Metaversedevelopment, the team has decided to use a neutral coin that can be sold into stable coins in order to pay all the sources.
