Shiba Inu Rebounds 15% as Lead Dev Updates on Shiba Eternity

Shiba Eternity’s Play 2 Earn version is currently being assessed by Shiba Inu’s team ahead of Beta launch.

Shiba Eternity in full power mode.
Created by Kornelija Poderskytė from DailyCoin
  • Shiba Inu struggles to reclaim $0.00003 in Monday’s rebound rally.
  • Shiba Eternity’s mobile version garnered 500,000 active gamers.
  • Shytoshi Kusama unveils a new date for Shiba Eternity P2E Beta.

Shiba Inu’s community has patiently awaited the release of Shiba Eternity Play 2 Earn, SHIB’s collectible card game powered by blockchain technology. The mobile version of Shiba Eternity has succeeded among Android and iOS users, surpassing other popular card games like Uno upon launch in October 2022.

Sponsored

The upgraded blockchain version is set to allow players to earn passive income while playing the game, employing the Shiboshis NFT collection to alter the game story by receiving power-ups and special traits ascribed to the Shiboshi.

In an AMA session, lead developer Shytoshi Kusama answered questions regarding the availability of Shiba Eternity P2E. On the official channel of Shibarium Tech on Discord, moderator DaVinci asked, “When can we start testing the game?” Kusama replied, “To my understanding, beta next quarter.”

Why Is Shiba Eternity P2E Crucial for SHIB?

Besides adding a personal aspect to the gaming experience, the original 10,000 Shiboshis NFT collection will serve additional purposes, like bonus levels and in-game privileges. Shiboshis are limited to 10,000, so a non-fungible token (NFT) renting system will be placed on Shiba Eternity’s blockchain version.

The Play 2 Earn (P2E) version of Shiba Eternity bolsters Shibarium Layer-2’s adoption and potentially accelerates SHIB burns. While testing out their fighting skills in The Dogjo, gamers can earn in-game currency, $TREAT. While this token has not been launched yet, Shiboshi holders can partake in all earning opportunities.

Confirmed to be in testing mode by several Shibarium Tech team members, Shiba Eternity’s Beta launch is now slated for Q2 of 2024. Meanwhile, Shiba Inu’s main token, SHIB, embarked on a double-digit rebound rally after witnessing a gradual market correction with a 17.7% drawdown since last week. At press time, SHIB is changing hands at $0.00002812 after reaching the daily heights of $0.00002992.

On the Flipside

  • The official launch date of the in-game reward token $TREAT is unknown to the public.
  • Copycats had taken the opportunity to release $TREAT imitations to lure investors.

Why This Matters

Blockchain gaming is still in an early stage, unlocking new possibilities for the Play 2 Earn sector and the cryptosphere.

Discover DailyCoin’s top crypto news:

Bybit Card Bags Global Award for Pioneering Crypto Adoption

Cardano CEO: Open Source Is the Key to a Better Product

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a DailyCoin Journalist, covering memecoins & latest developments. Tadas has moderate holdings in SHIB, HBAR, LTC, MATIC and a selection of low-cap meme currencies.

Read more