This page outlines what we know so far about Shiba Inu’s “SHIB: The Metaverse” metaverse project and how its land plots will be marketed.
Seven Facts You Should Know About The $SHIB Metaverse
· SHIB.io will be the authority site for the metaverse and “future development” of all of the Shiba Inu group’s “current undertakings.”
· The Metaverse will “comprise of 100,595 plots of land,” 36,431 of which will become opened and accessible for buy during the initial period of the metaverse. These 36,431 plots of land will be in one of four regions: Growth, Defense, Technology, and Currencies. There will be four estimating levels: “silver fur” (0.2 $ETH); “gold tail” (0.3 $ETH), “platinum paw” (0.5 $ETH); and “jewel teeth” (1 $ETH).
· The Shiba Inu group has saved 15 plots of land as a prize for “those profoundly engaged with the current and future MV improvement.”
· $SHIB will be scorched when land buyers rename their plots of land.
What’s The Land Sale Process For $SHIB Metaverse
Stage 1 (“Bid Event”): This will be in effect for three days (i.e. 72 hours). You must use a tool on the official website to lock your $LEASH tokens or Shiboshis NFTs. It is not possible to cancel a bid once it has been entered unless you are outbid by someone else.
At the conclusion of this big event, “the highest bidder will be given possession of the property,” and “the acknowledged owner will be allowed to mint the plot/s as soon as the timer expires.”
Stage 2 (“Holder Event”): This will last seven days, and it is another opportunity for $LEASH and Shiboshis NFT holders to lock them in to acquire land, but this time “without a bidding system” (i.e. on a “first-come, first-served basis”).
Stage 3 (“Public Sale”): This will last 10 days, during which “everyone will be able to acquire the remaining available lands on the map, at the fixed price, and without having to lock any of their ecosystem assets.”
Potential purchasers will be able to “choose their asset limitations & quantities to lock” using a tool on the official website (the minimum is 0.2 $LEASH or 1 Shiboshi and the maximum is 5 $LEASH or 10 Shiboshis).
The minimum time to lock is 45 days, while the maximum duration is 90 days.
It’s important to note that “you will need to set up, configure, and utilize” a Metamask Wallet.
Read More: The 1% Tax That Has India’s Crypto Industry Predicting Chaos