Shiba Inu (SHIB) to Showcase SHIB: The Metaverse at SXSW XR Experience

This year’s SXSW XR attendees will be the first to have a walk in Shiba Inu’s WAGMI Temple.

Shiba Inu sitting on a coin in front of a modern city in the metaverse

Shytoshi Kusama, the mysterious leading developer of the Shiba Inu (SHIB) team, presented a riddle to his 868,000 Twitter followers. “During fall the tree may have only a few leaves, but then spring appears,” he said. It turns out that Shibarium, in this context, is a “pine tree.” 

Mr. Kusama refers to his popular canine token, as SHIB managed to sail through an intense crypto winter. Just like how “pines survive and thrive during the harshest winters.” In response to this, SHIB holder Domenclature pointed out that many of those tree branches are at the Shiboshis X Buggati Twitter Space in the form of limited edition NFTs.

SHIB‘s developer team confirmed that the phased rollout of the Layer-2 scaling solution, Shibarium, begins with documentation. As the 13-minute long blog post surfaced, the SHIB Army expects to see Shibarium go live in the coming days.

The Twitter riddle from Shytoshi Kusama comes just a couple of days after Shiba Inu’s team proudly announced that they were invited to this year’s edition of the SXSW XR Experience, the VR/AR experience showcase in Austin, Texas. The annual VR/AR technology summit will be divided into three days, between March 6-9, 2023.

Sponsored

Furthermore, the SHIB Token developer team will have its own stand at the conference, while the highlight of the upcoming tech conference will be the first presentation of WAGMI (We’re All Gonna Make It). The WAGMI Temple is the first installment in the SHIB: The Metaverse Web3 project, which includes 11 HUBs designed for different activities inside the metaverse.

On the Flipside

  • SHIB: The Metaverse’s official launch date is yet to be announced.
  • Before Web3 can take off, Shibarium’s mainnet has to go live.

Why You Should Care

Big players in the crypto game showcasing their metaverse project progress can help us understand what stage the Web3 project is at. Besides, the presentation of the WAGMI Temple to the world can further increase crypto adoption and attract new investors.

Stay on point with the latest memecoin news:

Sponsored

Dogecoin (DOGE) Grows 7% as Elon Musk Rolls Out New Twitter Features

BONK-Themed NFT Collection on Magic Eden Sells Out in Hours

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 Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.