The Shiba Inu team has revealed the juicy details about its much-talked-about metaverse project called "SHIB: The Metaverse."
It seems that the Shiba Inu meme coin doesn't stop barking despite the criticism it receives from cryptocurrency experts and this Wednesday it has released more details about its own metaverse, which will be called SHIB.
This initiative is the response from the developers behind Shiba Inu to compete with Decentraland, according to the Shiba Inu team's blog post, a metaverse is about shared virtual spaces that form a perceived virtual reality environment and its goal is to create "one of the strongest communities ever gathered in all of the crypto's history."
The SHIB project will include the entire Shiba ecosystem, with $SHIB, $LEASH, $BONE tokens, which will come into play according to when certain phases are implemented.
SHIB : The Metaverse will feature 100,595 plots of land, public lands will be available for purchase and some lands will be locked for use as common land and roads (avenues, boulevards and axes).
According to the SHIB project, this is an opportunity to generate passive income and generate rewards in a key year for its entire ecosystem "with new implementations like Shibarium, which will be the Layer 2 (L2) in which SHIB : The Metaverse will be developed, and even SHI, the Shiba Ecosystem stablecoin."