Shiba Inu Unveils Land Bid Event for the Shiba Inu Metaverse

Shiba unlocked approximately 35,000 pieces of land for purchase, and the auction will take place over three days.

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.

Sponsored

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.

Sponsored

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.

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
Milko Trajcevski

Milko Trajcevski is a DailyCoin news reporter, mainly focused on Ethereum (ETH), Cardano (ADA), and their founders (Vitalik Buterin and Charles Hoskinson). Milko is an avid follower of crypto and blockchain technology and has written thousands of articles on the subjects. He finds joy in transforming complex issues into written content that anyone can understand. Milko has used and analyzed numerous exchanges, such as Coinbase, FTX, and Binance. He also closely follows all of the latest news around the largest decentralized exchanges (DEXs). Location: Skopje, Macedonia