Shiba Inu metaverse project is now available

Shiba Inu's much-anticipated metaverse project, which will compete with Decetraland, has finally been revealed.

Shiba Inu metaverse is now available.
Shiba Inu metaverse

The Shiba Inu team unveiled juicy facts about its much-discussed metaverse project "SHIB: The Metaverse" in a March 30 blog post.

According to reports, the creators of meme coins first unveiled the ambitious metaverse effort in early February in order to compete with Decentraland.

There will be over 100,000 plot lands in the metaverse, some of which will be private.

In stages, the plot lands will be unlocked. The team will acquire 36,431 plots during the initial phase, which will be divided into four tiers ("Silver Fur," "Gold Tail," "Platinum Paw," and "Diamond Teeth").

Depending on the tier, prices range from 0.2 to 1 ETH. According to the developers, they wanted to use a neutral token for pricing.

To participate in the three-day bid event, participants must lock their SHIB and LEASH tokens and Shiboshis NFTs.

Holders will also be eligible to participate in the sale's seven-day stage. After the two initial stages are completed, the remaining land plots will be available for public sale.

The team argues that buying the land will provide them with a source of passive income and prizes. Some of the benefits that landowners can obtain will be revealed in the near future.

Note that the metaverses are virtual worlds that allow users to interact as if they were in the real world.