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Shiba Inu\u2019s all-new metaverse program could compete with established players such as Decentraland.<\/p>\n
The team behind Shiba Inu (SHIB) has unveiled the much-talked virtual reality project \u201cSHIB: The Metaverse.\u201d Instead of SHIB, the developers have picked ETH as a land pricing token.<\/p>\n
As per the latest blog post<\/a>, the metaverse will have 100,595 plots of land. Public lands will be up for purchase, while the private ones that represent key locations within the metaverse will be locked away.<\/p>\n The plots will be released in phases. The introductory stage will include the unlocking of 36,431 plots of land and categorized into four categories: Silver Fur, Gold Tail, Platinum Paw, and Diamond Teeth, which are valued within the range of 0.2 ETH to 1 ETH.<\/p>\n As the phases roll out, all tokens SHIB, LEASH, BONE will play a role. However, ETH and not a SHIB will be used for purchases because the collected funds will be used to pay for the Metaverse development. Hence, the team decided to use a \u201cneutral coin\u201d as a land pricing token that can be sold into stablecoins to pay all the sources. The post read,<\/p>\n \u201cUsing our Ecosystem Tokens is a risk, as we would need to dump our own tokens price cashing them! And that\u2019s far away from our plans.\u201d<\/p>\n<\/blockquote>\n The announcement also revealed that users who own land in the Shiba Inu-influenced world will be able to generate passive income, gather in-game resources, and generate rewards. The team will also introduce new ways to earn.<\/p>\n Dogecoin co-founder Billy Markus took a jibe at its long-standing rival, Shiba Inu\u2019s new metaverse project. In fact, he went on to say<\/a> that making \u201crandom metaverse\u201d and \u201cselling fake land\u201d with Ethereum would not enhance the utility of SHIB.<\/p>\n \u201cHow is making a random metaverse and selling fake land with Ethereum adding utility to their project. I mean whatever if people wanna give the devs even more money go ahead but if I was a SHIB holder I would be annoyed.\u201d<\/p>\n<\/blockquote>\n In a follow-up thread, Markus also revealed<\/a> that he made only $3,000 for creating Dogecoin eight years ago, which has a market cap of $80 billion. After witnessing scammers make millions, he admitted to being \u201csalty.\u201d In a response to a Twitter user\u2019s comment, Markus also claimed that every meme coin created after Dogecoin is a \u201cdisgusting cash grab.\u201d<\/p>\n PrimeXBT Special Offer: Use this link<\/a> to register & enter POTATO50 code to receive up to $7,000 on your deposits.<\/b><\/p>\n<\/div>\n<\/div>\n <\/p><\/div>\n\n
Dogecoin Creator Admits Being \u201cSalty\u201d<\/h2>\n
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