Shiba Inu SHIB developers have revealed more details about an upcoming metaverse surrounding the Ethereum ETH/USD-based token often referred to as a Dogecoin DOGE/USD killer.
What Happened: In a blog post on Wednesday, the coin’s developers said “SHIB: The Metaverse” will have over 100,000 lots, some of which will remain locked.
In the introduction phase, 36,431 lots are unlocked and four districts (Growth District, Defense District, Technology District and the Currencies District) are revealed.
The plots are divided into four levels, namely: ‘Silver Fur’, ‘Gold Tail’, ‘Platinum Paw’ and ‘Diamond Teeth’. Prices for the levels range from 0.2 ETH to 1 ETH.
The developers said they decided to use Ethereum instead of SHIB for the ecosystem, as it was a “neutral coin” that can later be sold in stablecoins to pay for all resources.
See also: How to buy Shiba Inu (SHIB)
Why it matters: The blog said that buying metaverse land is not just an “isolated investment” but rather a way to be the project in the short, medium and long term.
The developers said the project’s ecosystem continues to grow and implementations such as the Layer 2 Shibarium and SHI, the Shiba Ecosystem stablecoin, will be introduced this year.
Details about the Metaverse were first released in February. On Wednesday, it was announced that the Metaverse and future expansion projects will take place on the SHIB.io domain. The portal will become active in the coming days, according to the project.
SHIB, Doge Killer (LEASH), and Bone ShibaSwap (BONE) will all feature in the upcoming metaverse as various phases roll out.
Read next: If you had bought $100 worth of Shiba Inu coins every time it was listed by a major exchange, this is how much you would have now
This post Dogecoin Rival Shiba Inu Reveals More Details About Metaverse was original published at “https://www.benzinga.com/markets/cryptocurrency/22/03/26389394/dogecoin-rival-shiba-inu-reveals-more-details-about-metaverse”