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Shiba Inu Team Announces Decentraland Competitors

Shiba Inu’s creators have announced a new project called Shiba Lands as a way to up their metaverse game. It will enable buyers to purchase digital real estate that will be available “very soon.”

Holders of Doge Killer (LEASH), the ShibaSwap decentralized exchange’s native token. That’s, will be have access to the first selling phase is on a queue system by the creators. After the initial sale, the rest of the land will become available.

The cryptocurrency’s developers recently announced its foray into the metaverse area. Users will be able to immerse themselves in a virtual world that incorporates many aspects of the Shiba Inu ecosystem.

The metaverse of the coin has the working title of “Shibverse.” The team is likely to announce its true name later this month.

Also, In a recent blog post, the Shiba Inu team teased new partnerships:

“Finally, we have already been negotiating and meeting with some TOP partnershibs about this project. All for this exciting new environment to come with great energy and the way it’s intended to.”

Then, After Facebook renamed to Meta, tokens tied to the Metaverse experienced a significant rise in early November.

So, MANA, the native token of Decentraland, an Ethereum-based virtual reality platform, soared along with other metaverse-related projects.

Meta’s massive bet on virtual reality boosted demand for metaverse land parcels dramatically. Also, In late November, a piece of virtual land on Decentraland sold for an eye-popping $2.4 million.

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