Shiba Inu, the popular penny token, has unveiled details of ‘SHIB: The Metaverse,’ their much-awaited virtual reality project. Ether, Ethereum’s native cryptocurrency, has been fixed as the pricing token for land deals.
Shiba Inu, one of the most popular breeds of dogs in the world, has announced that it is entering the Metaverse. The move comes as the company looks to take on Decentraland, a virtual reality platform that allows users to create and explore 3D worlds. This will allow users to trade Shiba Inu tokens (SIB) for Decentraland (MANA) tokens and other virtual assets on the platform.
Since its launch in early 2018, Shiba Inu has quickly become one of the most popular decentralized exchanges. It offers a wide range of features, including support for over 100 cryptocurrencies and fiat currencies. The exchange also has a user-friendly interface that makes it easy to use for beginners.
The latest project by the much-followed meme coin will have 1,00,595 land plots, of which some will remain private. Though the plots will be released in a phased manner.
Shiba Inu has already created over 1,00,000 plots in Decentraland, which it plans to use as bases for its operations. The company has also announced that it will be launching a new VR headset called ShibaView that will allow users to experience the Metaverse in full immersive glory.
In a statement, Shiba Inu CEO Takashi Kishimoto said: “We are very excited about entering the Metaverse. Decentraland is a great platform, and we believe that our unique approach will be very successful.”
Shiba Inu plans to use its vast array of plots in Decentraland to create a wide variety of experiences for users, including games, shopping malls, and even theme parks. The company also plans to use the platform to promote its products and services, including its new VR headset.
“We believe that the Metaverse represents the future of online interaction,” said Kishimoto. “We are committed to making it the best experience possible for our users.”
Shiba Inu is known for its mischievous behavior and penchant for causing trouble. It is believed that the dog will use its new virtual estate to engage in all sorts of shenanigans, including but not limited to:
Stealing other users’ land parcels
Building obscene structures that will offend the sensibilities of Decentraland’s more upright citizens
Causing general mayhem and chaos
The people of Decentraland are bracing themselves for the arrival of Shiba Inu, and many are already making preparations to defend their property and livelihoods. “We’re not going to let that dog take over our land,” one resident said. “We’ll fight tooth and nail to keep it!”
This new virtual world is an ambitious project that is sure to take on Decentraland. With such a large number of plots available, SHIB: The Metaverse is destined to become a popular destination for VR enthusiasts and crypto investors alike. Keep an eye on this project – it is sure to be a game changer!