Business News Report
April 11, 2023

Shiba Inu’s Metaverse Set to Open in Stages by the End of 2023

In Brief

Shiba Inu’s metaverse team said that users will be able to explore parts of the project’s virtual world by the end of this year.

The team is launching a contest on April 10 to give away free land.

The vision and direction of SHIB – The Metaverse has changed to provide users with a more photorealistic experience.

The developers behind the Shiba Inu ecosystem have announced that SHIB – The Metaverse will partially open by the end of this year.

“While all development takes time, the MV team is confident that by the end of 2023, users will have the opportunity to explore some of the areas in this fantastic world, build, design, play, and develop within it. However, it should be noted that not all areas of the Metaverse will be fully completed as it is an ongoing project,” the team stated in a blog post.

As the virtual world continues its development, SHIB – The Metaverse will start launching several optimized hubs and necessary tools for users to start building and creating. Additionally, the team says that SHIB – The Metaverse has changed its vision and direction to give users a more photorealistic experience using Unreal Engine 5.1.

via Shibaswap

In the metaverse, there will be a total of 100,595 plots of land available for minting. Those who own land will have access to an area totaling 1764 m² (42 x 42), which includes any terrain, roads, and other features present. For buildable land, users will have access to 1024 m² (32 x 32), roughly equal to 11,000 square feet (105 x 105). The team is launching a contest on Apr 10 to give away free land.

Some of the key tools being developed for the first version of SHIB – The Metaverse include:

  • Plot builder, which allows users to create and customize their plots from scratch or place complete pre-built objects to create a unique scene or landscape.
  • Avatar builder, which enables users to create their unique digital identity from pre-made templates to customizable body features, facial elements, hairstyles, clothing, and accessories.

Shibarium, a new layer 2 network, will serve as the foundation for the metaverse’s development. The network will operate using tokens from the Shiba ecosystem, including BONE and LEASH. Shibarium’s testnet is already up and running.

Whether Shiba Inu’s plans for its virtual world will come to fruition remains to be seen, given the decreasing interest in the metaverse, as evidenced by Meta’s shift in focus towards AI and Disney’s recent decision to disband its metaverse team.

Read more:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Cindy is a journalist at Metaverse Post, covering topics related to web3, NFT, metaverse and AI, with a focus on interviews with Web3 industry players. She has spoken to over 30 C-level execs and counting, bringing their valuable insights to readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia. She holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has a decade of experience in journalism and writing. Get in touch with her via [email protected] with press pitches, announcements and interview opportunities.

More articles
Cindy Tan
Cindy Tan

Cindy is a journalist at Metaverse Post, covering topics related to web3, NFT, metaverse and AI, with a focus on interviews with Web3 industry players. She has spoken to over 30 C-level execs and counting, bringing their valuable insights to readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia. She holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has a decade of experience in journalism and writing. Get in touch with her via [email protected] with press pitches, announcements and interview opportunities.

The DOGE Frenzy: Analysing Dogecoin’s (DOGE) Recent Surge in Value

The cryptocurrency industry is rapidly expanding, and meme coins are preparing for a significant upswing. Dogecoin (DOGE), ...

Know More

The Evolution of AI-Generated Content in the Metaverse

The emergence of generative AI content is one of the most fascinating developments inside the virtual environment ...

Know More
Join Our Innovative Tech Community
Read More
Read more
Arbitrum Foundation Proposes Expansion Program Adjustment To Enable Deployment Of New Orbit Chains Across Networks Beyond Ethereum
News Report Technology
Arbitrum Foundation Proposes Expansion Program Adjustment To Enable Deployment Of New Orbit Chains Across Networks Beyond Ethereum
April 18, 2024
Blast’s DEX Thruster Finance Raises $7.5M In Funding From Pantera Capital And OKX Ventures To Enhance On-Chain Experience For Users
Business News Report Technology
Blast’s DEX Thruster Finance Raises $7.5M In Funding From Pantera Capital And OKX Ventures To Enhance On-Chain Experience For Users
April 18, 2024
State of DePIN 2024 Report Reveals Key Insights From Decentralized Physical Infrastructure Networks Landscape
Markets News Report
State of DePIN 2024 Report Reveals Key Insights From Decentralized Physical Infrastructure Networks Landscape
April 18, 2024
Solana-Based Derivatives Protocol Zeta Markets Unveils Tokenomics, Allocates 10% Of Token Supply For Airdrops
Markets News Report Technology
Solana-Based Derivatives Protocol Zeta Markets Unveils Tokenomics, Allocates 10% Of Token Supply For Airdrops
April 18, 2024