Shiba Inu (SHIB) Unveils Concept for Next SHIB Hub: The Metaverse

Shiba Inu’s Web3 project presents a sketch of the Dubai-inspired Growth Dunes resort.

shiba hut doge defi

The Shiba Inu (SHIB) development team presented the Growth Dunes, which is set to become the next hub for SHIB: The Metaverse. According to the official blog post, SHIB: The Metaverse will be “a place for the #ShibArmy crypto community to truly call home.” Previously, the SHIB developers introduced WAGMI Temple, Rocket Pond and Canyon Hub.

Sandy Oasis in Web 3.0 for SHIB Army

The Web 3.0 project is still in development in partnership with The Third Floor (TTF), an audio-visual company headquartered in Hollywood, California. TTF has contributed to properties like Godzilla vs. Kong, Dolittle, Game of Thrones and Mad Max.

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The conceptual black and white artwork for the next HUB was revealed along with inspiration notes. According to the notes, in Growth Dunes one can expect to “feel a sensation of heat, while smooth sand particles travel at a near distance; welcoming other sand mounds.” Further on, the Web 3.0 traveler is met with a modern oasis that strongly resembles Dubai and is “full of glitzy architecture and cooling waters.”

Besides Dubai, other inspirations include Great Sand Dune National Park in Colorado, the Egyptian Pyramids and the Sahara Desert. The developers will also host Dunes Fireside Chats on Thursday October 27th, 5PM PST / 8PM EST. During the Discord event, members of the SHIB Army will be able to voice their opinion and find out the latest developments straight from the horse’s mouth.

SHIB’s Price Adds Another Zero

Despite a substantial amount of SHIB tokens set ablaze every day, the bloodthirsty bears of the current crypto market had battered the popular meme coin to the point where it dropped below the crucial resistance line of $0.00001. 

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At press time the Japanese guard dog themed cryptocurrency trades at $0.00000995, according to CoinGecko. Besides a 0.9% daily deficit, SHIB has been wandering around the red zone for the past month. The 14th ranked canine currency shrunk by 4.5% in the last seven days and 11.5% since last month.

On the Flipside

  • There’s no technical information on SHIB: The Metaverse yet.
  • Main developer Shytoshi Kusama is working on Shibarium’s whitepaper.
  • However, The Layer-2 Shibarium launch date is also unknown.

Why You Should Care

Having a broader community than most other altcoins, SHIB has potential to transform into a decentralized ecosystem rather than a mere meme token.

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.