The SHIB team has announced that they are expanding their ecosystem by introducing lands, a queue system, and more in the virtual land. This development allows SHIB-holders to grab their land and become a part of the Dog-themed Metaverse.
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
What’s in the Shiberse?
The team has named their Metaverse a ‘Shiberse’ as the early phase of development continues. They will drop the exact name for it by the end of this month.
SHIB dropped some big numbers to explain the rapid growth with enormous interest from small and large companies in the Metaverse.
In 2020 alone, the Metaverse was worth approximately $478.7 billion. That’s roughly the same size as the entire home services industry in the United States alone! reads SHIB Blog.
The biggest Metaverse platforms that opted to introduce virtual real estate are Sandbox and Decentraland. However, the SHIB team understands the potential, expandability, and performing evolution a Metavese can bring to the community. That’s why SHIB has announced Shiba “LANDS,” which will be available for purchase/auction really soon.
Who can buy LAND in the Shiberse?
However, the blog has explained that there would be a queue system for bidding over the properties, and $Leash holders will be given the first priority.
“This queue allows exclusivity by requiring interested parties to hold “$LEASH”, which gives priority and exclusive access to this first selling phase of the land plots in our Metaverse. In addition to the queue, we have also worked on an anti-dump system to protect $LEASH holders. The remaining lands will then unlock and become available for the public after this exclusive selling process finalizes.”
The SHIB team has explained that the queue system will be specifically designed for the Shiba Land sales event.
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