Shiba Inu Lands, metaverse enters the world!
shiba inu team will now compete with projects such as The Sandbox, Decentraland and CryptoVoxels.
Shiba Inu developers stepped up their metaverse game after announcing a new project called Shiba Lands. Real estates that are planned to be put up for sale soon will actually be able to be sold after a while.
Holders of Doge Killer (LEASH), the native token of the ShibaSwap decentralized exchange, will be awarded the initial sale phase in accordance with a queue system created by the developers. The rest of the land will open shortly after the first sale.
New Blog: A METAVERSE Story that begins… with an update!
🏡 Introducing Lands, a queue system, and more!
🦮 $LEASH holders will be the first to gain access to Shiba Inu Metaverse Lands.Read more… https://t.co/S758ClAbRC
— Shib (@Shibtoken) February 8, 2022
As it is known, the developers recently announced that the Shiba Inu has entered the metaverse realm. This new step will allow users to step into a new virtual world that will combine various elements of the Shiba Inu ecosystem.
The current provisional name of the project is “shibverse” but the actual name is expected to be announced by the team this month.
Meta Boosts Demand for Metaverse Lands
In particular, Meta’s big claim on virtual reality has significantly increased the demand for metaverse lands. So much so that part of the virtual land in Decentraland was sold for $2.4 million in late November.
Rapper Snoop Dogg announced that he has partnered with another major metaverse platform, The Sandbox, and a user sacrificed $450,000 to become the famous rapper’s neighbor in the virtual world.
Following Facebook’s lead, other big companies like Adidas, Walmart and YouTube are also exploring the metaverse that is shaping up to be the hottest new trend in tech.
Roblox CEO David Baszucki predicts that the metaverse market could reach $200 billion.