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Shiba Inu to Launch "Shib: The Metaverse" by End of 2023 on Shibarium L2 Network

Shiba Inu plans to launch "Shib: The Metaverse" by the end of 2023, creating a virtual space where users can interact through digital avatars. The metaverse will be built on Shibarium's L2 network and offer 100,595 virtual land plots, allowing landowners to earn passive income and in-game resources. SHIB and Bone ShibaSwap tokens will be widely used in the ecosystem, with SHIB tokens used to purchase plots and add images/logos. Four hubs, including Wagmi, Rocket Pond, Ryoshi, and Tech Trench, are expected to be revealed in September 2023. Shiba Inu aims to move away from the "memecoin" label through projects like Shibarium and the metaverse. However, it remains to be seen if these efforts will lead to greater participation both within and outside its ecosystem. Currently, SHIB is trading at $0.0000078, showing a 0.41% decrease in the last 24 hours.

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