Shiba Inu, the second greatest meme currency by market capitalization, has unveiled a metaverse initiative.
Using Doge Killer (LEASH), another token developed by the same company, investors will be able to purchase virtual land.
Shiba Inu has decided to venture into the space of Metaverse. The team has announced that it will launch its metaverse project soon. Investors who are interested will be able to use LEASH and buy virtual land.
Shiba Inu To Enter The Metaverse
Shiba’s team of developers aims to lead the Metaverse. People can engage with shared virtual environments as 3D avatars in the metaverse.
Shiba Inu ranks 13th on the list of global Cryptocurrencies. It is already popular among Crypto enthusiasts with a trading value of $0.000032, which is estimated to rise to $0.0000623 by the 4th quarter of the current year. Get more information here about the future price estimates of Shiba Inu.
The Shiba Lands will be up for purchase once the virtual projects are hit live by the team. Developers behind Shiba Inu, who are working on its metaverse project, have revealed that the metaverse will be a shared virtual world where people will be able to interact with a 3D avatar.
Any information on its customization is yet to be clarified, but it can be expected that developers will allow users to make changes to their virtual avatars.
Shiba Inu will also make Shiba Lands available for investors through auction. Investors will have to bid and win the virtual piece of land.
Investors, or anyone else for that matter, can join the metaverse before its launch by purchasing and holding Doge Killer – LEASH, a digital token that has been created by the developers of Shiba Inu.
Developers also stated in the blog post that their metaverse would serve as an anchor in the sustainable ecosystem. The focus is to disrupt not just the metaverse sector but also other industries in and outside the cryptocurrency world, the blog post added.
Shiba Inu’s virtual project will have limited features at the beginning. The team will work to add many more features in the future. The features will add benefits for users and utility to projects.
Any investor who is interested in the purchase of a virtual piece of land will be granted a place in the queue. The only condition is that they must already hold LEASH when the sale goes live.
People who do not have their share of LEASH can proceed to make the purchase of the crypto before lining up to purchase the virtual land.