Shiba Inu Officially Launches SHIB The Metaverse, Here’s What To Know

The Shiba Inu ecosystem has officially launched early access to its highly anticipated innovative platform, SHIB: The Metaverse.

This early access, powered by Unreal Engine 5, impressed enthusiasts. The platform allows users to enter an immersive digital world built on Shiba Inu’s Layer 2 network, Shibarium.

Update on Key Launch Features and Early Access

As SHIB: The Metaverse rolls out, users get an exclusive look at the key features defining the virtual world.

The land map has gone live on Shibarium, built with backing from Chainlink’s Cross-Chain Interoperability Protocol (CCIP).

This integration ensures that SHIB’s ecosystem is interoperable with other blockchains. This is geared to pave the way for seamless transactions and interactions across multiple networks.

In a detailed blog post, the developers outlined the incoming platform’s core features.

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They stated that it would offer customizable avatars and interactive experiences. This lets users express themselves in new ways to explore and build within the digital realm.

Land ownership is a key aspect of the platform, with users able to buy plots of land as NFTs.

The metaverse includes over 100,000 land plots spread across four tiers, priced between 0.2 ETH and 1 ETH. These virtual properties allow users to generate passive income, creating a new layer of digital ownership.

Notably, only a few hubs have been made available for early access. Nevertheless, SHIB: The Metaverse promises to become a dynamic and creative space as more features are rolled out in the future.

This marks a major milestone for SHIB’s ambitions of becoming a multi-chain powerhouse. The platform also allows SHIB Army to try the upcoming Lapdogs racer game.

This game, set for release soon, alongside other upcoming titles, comes off as an exciting addition to the metaverse.

Updates will be delivered seamlessly via the new launcher as the metaverse evolves. This will ensure that the virtual world remains fresh, interactive, and engaging for users.

SHIB: The Metaverse brings exciting opportunities to the Shiba Inu ecosystem, offering new ways for users to interact with the platform.

The product could allow landowners to merge smaller plots into larger estates through dynamic pricing.

This will unlock personalized and creative experiences like designing interactive spaces or hosting virtual events.

Per the design, the platform’s decentralized nature could interest crypto enthusiasts, gamers, developers, and creatives.

The platform would provide these innovators with tools to build and monetize their virtual worlds.

The metaverse could boost the Shiba Inu economy by offering endless earning opportunities, from staking assets to selling virtual goods and services.

As the metaverse grows, it is expected to drive innovation and expand the Shiba Inu ecosystem.

Shiba Inu Latest Updates and Price Trend

Shiba Inu’s price shows signs of a comeback after weeks of bearish trajectory.

The massive dumping from whale holders and the overall market downturns have sent the token into a decline, causing its value to drop significantly.

Following Bitcoin’s bullish trend and the broader crypto market’s recovery, Shiba Inu’s price has rebounded. Currently trading at $0.000023, this marks a notable increase from its previous low of $0.000015.

While still far from its 2021 highs, the token is building momentum, sparking cautious optimism among investors. SHIB is currently trading at a level that reflects this sentiment.

Recent updates like the Shibarium hardfork, designed for faster and cheaper transactions, have also helped its growth.

The token burn mechanism, which reduces supply, is also gaining traction with strong community support.

With ongoing innovations and a loyal community, Shiba Inu remains a cryptocurrency to watch for future growth