The Shiba Army’s wait is over as Shiba Inu announced that the metaverse’ land bid event’ has gone live. Following the news, members of the Shiba community can finally own a piece of land in the Shiba Inu metaverse.
Shiba unlocked approximately 35,000 pieces of land for purchase, the auction for which will take place over three days.
LEASH Holders Get Access to Early Bidding
The early access event gives priority to $LEASH holders who have locked their holdings. Holders of the LEASH tokens can now view, bid, and acquire land in the Shiba Inu Metaverse and Shiberse.
Following the early access event,’ Shiba Inu will unlock a further 66,000 plots for public viewing, bidding, and purchasing for the metaverse.
The Shiba Inu Metaverse Gets More Functions
In addition to unlocking new land plots in the metaverse, the Shiba Inu dev team has added additional utilities for SHIB in the SHIB metaverse this week
SHIB can now be used to add logos and pictures to land plots, with SHIB being burned each time the feature is used.
SHIB also enables users to name and rename plots of land, burning SHIB as it is done.
SHIB can also be used to lease HUBS. HUBS are the highest valued land in the entire space, allowing owners to work directly with a Shiba Inu team member, and participate in purchasing or lease agreements.
On the Flipside
- Shiba Inu’s long-anticipated listing on online discount brokerage provider Robinhood led the meme coin to gain by 20% in value over the last 24 hours.
The 24 hour price chart for Shiba Inu (SHIB). Source: Tradingview
Why You Should Care
The launch of land marks the first involvement of the Shiba Army in the Shiba Inu metaverse as it competes against other decentralized metaverses.
