The developers of the Shiba Inu cryptocurrency meme Shiba Inu have announced plans to launch the Shiba Inu metaverse, “SHIB: The Metaverse,” a project aimed at expanding the usefulness of the Shiba Inu ecosystem (CRYPTO:SHIB).
The metaverse will open in December 2023 and will feature 100,595 user-minted land plots.
Owners can generate passive income from their plots, collect in-game resources and generate rewards.
In addition, the developers plan to introduce a way to earn and ensure that players have a personal space where they can build and manage their projects.
The metaverse will be developed on Shibarium, a layer 2 network that uses tokens from the Shiba ecosystem such as Bone (CRYPTO:BONE) and Leash (CRYPTO:LEASH), with the testnet already active.
“While all development takes time, the MV team is confident that by the end of 2023, users will have the opportunity to explore some of the areas of this fantastic world, build, design, play and develop within it,” developers said. . However, not all areas of the metaverse will be completed, as it is an ongoing project.
In the Shiba Inu metaverse, users can create their own avatars, modeled as humanoid dogs, to explore, visit and interact with lands and contribute to the game’s economy.
The “SHIB: The Metaverse” project is another example of the growing trend of metaverse development in the crypto space.
The use of blockchain technology in metaverse development provides new opportunities for users to own and control digital assets and participate in virtual economies.
The launch of “SHIB: The Metaverse” is expected to add more value to the Shiba Inu ecosystem and expand its use cases beyond meme cryptocurrency trading.