The developers of the popular meme-cryptocurrency Shiba Inu (SHIB) have revealed details about their future meta-universe “SHIB: The Metaverse”. The team reported that the meta-universe will feature 100595 plots of land, some of which will remain private.
Initially, there will be 36431 plots unlocked, divided into four categories: Silver Fur, Gold Tail, Platinum Paw and Diamond Teeth. Their price will range from 0.2 ETH to 1 ETH.
The team decided to use a neutral cryptocurrency as a ground pricing token in order to eliminate the risk of SHIB native coins declining in value.
Buyers of digital plots will be able to earn passive income, collect in-game resources and generate rewards.
Landowners will be able to rename their plot by using and burning a SHIB token.
Other coins in the SHIB ecosystem, such as LEASH and BONE, will play a role as new phases of the virtual world are rolled out, according to developers. For example, LEASH holders will be able to buy land in later phases.