Shiba Inu ready to enter Metaverse, will sell digital plot
Many research reports say that by 2024, the market of Metaverse will reach $ 800 billion (about Rs 59,58,719 crore).
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The Shiba Inu Metaverse is currently codenamed "Shiberese".
Shiba Land to be presented as Virtual Real Estate Project
Holders of the Doge Killer cryptocurrency will get the first entry in Shiberse
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.
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.
The announcement further said, "After this exclusive process of selling the land is over, the remaining land will be unlocked and made available to the public."
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 Dodgecoin killer. After Dogecoin came in the market, Shiba Inu had received tremendous response in the market as soon as it came.
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 the market of Metaverse will reach $ 800 billion (about Rs 59,58,719 crore) by 2024.
Cryptocurrencies are an integral part of Metaverse, as they allow people to calculate the value of digital assets and the returns derived from them in fiat currency.
