Meme coin Shiba Inu will soon have its own Metaverse with 1 lakh plus plots of land, over 10K NFTs

Words like cryptocurrencies, NFTs, metaverse, web3 have bedazzled many in today’s internet generation and there is little doubt that these terms are shaping the next revolution of the internet. As they grow simultaneously, they are entwined in almost every possible way. Shiba Inu, the beloved crypto token based on a meme, is the latest example.

How? The developers of Shiba Inu have now announced that the meme token will soon have a metaverse named after it. It will be called – Shib: The Metaverse. Building on the beloved token’s meme nature, the name sounds like the movies we see on cable TV in India, with a single word name and a caption within the title. On those lines, the developers clear that the Shiba Inu metaverse will be a “massive environment for the #ShibArmy to grow, share, and benefit together.”

For now, the plan is to create the virtual world with 100,595 plots of land. While some of these plots will understandably be private, for things like roads, avenues and hubs, the public lands will go on sale for those wishing to own a piece of the Shib: The Metaverse.

Just like any other metaverse, this land will be sold in phases and tiers. In the first phase, the creators list a total of four tiers of land, ranging from 0.2 Ethereum to 1 Ethereum. Other than the four, there will be a land category called HUBS (Private Locked) as well as 15 total lands reserved by the team for those highly involved in the current and future MV development.

in a blog, the Shiba Inu team mentions that the metaverse, and all new projects and their expansions will be carried out on a new domain: SHIB.io. The domain will thus serve as the official point for all things Shiba Inu. The team states that the new portal will be active “in the upcoming days,” prior to the events and before the first phase of Shib: The Metaverse starts.


Shiba Inu’s ecosystem plans

Shib’s new venture is yet another proof that all the buzzwords are interconnecting perfectly to shape the future of internet. What started as a meme coin now wants to evolve into an immersive experience in a virtual world. To throw in another connection in there, know that Shiboshis NFTs – a collection of 10,000 exclusive Shiba Inu generated NFTs, will also be used within Shib: The Metaverse.

Going forward, the Shiba Inu team states that it will work on Shibarium, or the Layer 2 in which Shib: The Metaverse will be developed. Other than that, the team wants to have a serious version of the meme coin on listings, possibly as SHI, the Shiba Ecosystem stablecoin, meant to “open new investment opportunities through the system Shib is currently developing.”

The team highlights how those buying land on the Shiba Inu metaverse will not just have an isolated investment. They will be in for a long-term project which will shape into many different verticals within the new-age internet, much like how all other NFTs and metaverses are shaping up.

More importantly, Shiba Inu’s plans reiterate how the technologies, which have grown almost simultaneously out of a single ancestor [blockchain], are now complementing each other perfectly.