Shiba Inu Tokens Can Now Be Used to Purchase Real Estate in SHIB’s Metaverse

The Shiba Inu team has announced that the Shiba Inu token can now be used to purchase land in SHIB: The Metaverse. This, it claims, was done in response to community feedback. The SHIB: The Metaverse official handle then tweets about the mechanics of minting using SHIB.

“I’m so unbelievably pleased about Shib’s MV,” said Shiba Inu developer Shytoshi Kusama on the latest development.

In SHIB: The Metaverse, the Shiba Inu team previously released the details of a new SHIB utility. SHIB will be used to decorate land plots with photos and brands. The feature will also burn SHIB when the photos are altered.

SHIB can be used to rename or name land plots while simultaneously burning SHIB, giving the environment a SHIB identity. HUBS will also be leased through SHIB. HUBS are the most valuable lands (blocked/reserved areas) in all space.

Shiba burning and renaming will be available during the public sale stage, according to the company, and the community will be notified when the feature is available.

Shiba Inu has announced the start of the third stage of the SHIB:

The Metaverse land sale, which will be open to the public. This is the final step of Metaverse’s initial phase of land sales. During the open public auction event, anyone can buy the remaining accessible lands on the map for a predetermined amount without locking any of their ecological assets.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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