Shiba Inu Team unveils the opening phase of their Metaverse project and has initiated the LAND sale today. The much-anticipated event has been started today and was announced through SHIB’s Official Twitter handle.
The first stage of the bid event has started and users are required to lock their LEASH tokens to participate in the event and get early access to the map. The introductory stage will go to last for three days so that users can bid on their desired plot of land. According to the metaverse developers, 36,431 land plots have been unlocked to begin the sale process.
Also, read - Everything you should know about the new ‘SHIB: The Metaverse’
According to a SHIB aspirant and holder, SHIB tokens will have their advantages in the Metaverse. These SHIB tokens can be used to add pictures, and logos to the land plots, and in buying any NFT-based token. Also, there is an integrated feature in the metaverse where the burning mechanism of tokens takes place whenever a picture is changed by users.
Moreover, the Shiba Inu aims to provide the best opportunities to the Shiba community members by giving them chance to generate passive incomes, accumulate in-game resources, and generate rewards for themselves.
Ever Since being listed on Robinhood, the SHIBA token is experiencing a huge surge in prices by 30%. According to the Shiba community, massive actions were taken by the different sectors of the industry which resulted in the surge in prices overnight. This includes listing in Robinhood Exchange, a large number of Ethereum wallet addresses, a significant reduction in the supply of tokens, burning millions of tokens periodically, and of course introducing the ‘SHIB: The Metaverse’.
Interestingly, several communities and organizations that participated in the burn events organized to accumulate around 4.4 million SHIB tokens for the burning process. On the other hand, large investors are continuously investing in the canine-based token despite the massive dips over the past two weeks.
Let’s hope that SHIBA thrives in the industry, and perform well in the market. Many people have put their faith, experience, and money as well to yield fruitful returns.
