In a series of recent tweets, Dogecoin co-founder Billy Markus took a shot at Shiba Inu’s metaverse concept.
The software developer, who rose to notoriety on Twitter as a result of his frequent exchanges with Tesla CEO Elon Musk, says that selling fictitious land with Ethereum will not improve the cryptocurrency’s utility.
Shiba Inu has given further information on its metaverse project, which was first unveiled in February. More than 10,000 land plots will be available during the initial phase of the implementation.
According to the team, Ethereum (ETH) is for pricing since it is a neutral cryptocurrency.
Markus says that the metaverse initiative is nothing more than a cash grab for developers looking to increase their profits. He projected that selling fictitious land may net them $300 million. The Shiba Inu team’s concept to allow land owners to generate passive income may be frowned upon by securities regulators, according to the Dogecoin co-founder.
Markus states in a follow-up thread that watching “scammers” gain millions with cryptocurrency makes him “salty.”
Last October, Shiba Inu, which positioned itself as a “Dogecoin killer,”
Then, briefly overtook the market worth of the original meme coin.
Markus accused the Shiba Inu community of harassing him and requested members to leave him alone after receiving a barrage of spam messages in November. The co-founder of Dogecoin has said numerous times that he has nothing to do with the rival meme token.
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