2 November 2024
Shiba Inu Can Now Be Used To Buy Land In Metaverse
The users of Shiba Inu (SHIB) will now be able to buy the land with cryptocurrency in the Shiba metaverse.
Yesterday, Shiba Inu’s team shared on Twitter that the SHIB token can now be used to mint parcels of land in the recently unveiled virtual reality project “SHIB: The Metaverse.”
Currently, there are 100,595 pieces of land on offer in the SHIB: The Metaverse. Earlier, only ETH was used to purchase land. With SHIB’s integration into the project, it makes it possible to grant users added customisation options for their virtual land as well.
The Landowners in the SHIB: The Metaverse could generate passive income and rewards.
The land plots will be released in phases in the SHIB metaverse. On April 13th, the introductory stage released 36,431 plots with the land being divided into four categories: Silver Fur, Gold Tail, Platinum Paw, and Diamond Teeth, priced between 0.2 ETH to 1 ETH.
The SHIB ecosystem consists of subsidiary tokens, including LEASH and BONE, which developers say will play more of a significant role as the metaverse project is developed. Users holding LEASH are given priority access to land bids, while BONE is a governance token that allows holders to vote on decisions concerning the development of the metaverse.
Disclaimer: The author’s thoughts and comments are solely for educational reasons and informative purposes only. They do not represent financial, investment, or other advice.
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