• Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer
Sunday, March 26, 2023
Comal County News Online
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
No Result
View All Result
Home Technology Metaverse

Another Metaverse? Get Ready For A Real One, From Shiba Inu – Interesting Engineering

by NewsReporter
April 4, 2022
in Metaverse
another-metaverse?-get-ready-for-a-real-one,-from-shiba-inu-–-interesting-engineering
Share on FacebookShare on Twitter

Cryptocurrency Shiba Inu has announced its next phase of expansion, by entering the metaverse, The Mint reported.

Created under the pseudonym “Ryoshi”, Shiba Inu is largely considered a meme coin, a type of cryptocurrency created as a joke and not as a serious product. However, the coin has attracted genuine interest and returned the trust of early investors with meteoric gains in its value. The people behind the coin are now ready to take the next big step and have announced their plans to be a part of the tech world’s current favorite, the metaverse.

What does Shiba Inu’s metaverse look like?

According to the blog post that revealed the alt coins’ plans, the metaverse will be called SHIB and has dedicated a new domain, named shib.io, to deal with everything it unveils in the future. 

In the immediate future, SHIB will begin auctioning some of the 100,000 plots it has in its metaverse. Some of these plots will remain in the public domain as avenues, boulevards, and hubs that will connect destinations within the metaverse. 

Interestingly, the metaverse makers have broadly defined the likely purposes of the plots when they announced that they will be part of four districts: Growth, Defense, Technology, and Currencies. As we have seen in real life and with real estate in the metaverse,  the prices of these plots are being determined by their location. 

Over 36,000 plots of virtual land are planned to be sold in the first phase. The plots have been divided into four categories, Diamond Teeth, Platinum Paw, Gold Tail, and Silver Fur with minimum prices for each pre-determined tier. Needless to say, the Diamond tier plots have the highest price while the silver ranks the lowest. Surprisingly, the metaverse requires payments to be made in Ethereum and not its own coin. 

Future plans for SHIB

There are multiple ways one can own a virtual plot in SHIB, and the makers of the metaverse are promising great ways to monetize these plots once you own them. 

While the details of the plans are still under the wraps, the makers have promised passive incomes and ways to generate rewards for being a plot owner in the SHIB. The categorization of the plots is also expected to bring its own unique features and privileges. So, even though they might have been created with the same piece of code, these virtual plots won’t be the same in SHIB. 

In addition to this, other tokens of the Shib family such as $LEASH and $BONE are also expected to be a part of the metaverse that grow and evolve over time. The makers of the metaverse have reserved 15 plots of land for those who are heavily involved in building up this world with more changes expected to be rolled out later in the year. 

One of them will be Shibarium, a layer 2 in which the metaverse will be developed, and a stable coin coming from the Shiba Ecosystem to tide over the volatility of the cryptocurrency market. 

Will Shiba Inu really live up to its prophecy of being the ‘Dogekiller?’ We will probably know in the metaverse. 

Related Posts

axa-im-launches-metaverse-strategy-strengthening-its-thematic-offering-–-valuewalk

AXA IM Launches Metaverse Strategy Strengthening Its Thematic Offering – ValueWalk

by NewsReporter
April 14, 2022
0

geralt / Pixabay AXA Investment Managers (AXA IM) launches the AXA IM Metaverse strategy that aims to invest in companies which play a part in the convergence of the digital and physical world. This new strategy is managed by Pauline Llandric, alongside AXA IM’s wider global thematics team, and will complement...

Emirates To Expand Into The Metaverse And Launch Own NFTs – Bloomberg

by NewsReporter
April 14, 2022
0

We've detected unusual activity from your computer network To continue, please click the box below to let us know you're not a robot.

if-you’re-waiting-for-the-metaverse-revolution,-you-already-missed-it-–-venturebeat

If You’re Waiting For The Metaverse Revolution, You Already Missed It – VentureBeat

by NewsReporter
April 13, 2022
0

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Facebook has invested $10 billion in the metaverse. It’s so bullish on this new state of existence that it...

interested-in-music-nfts?-jupiter-meta-to-launch-music-nfts-in-metaverse-concert.-see-details-|-mint-–-mint

Interested In Music Nfts? Jupiter Meta To Launch Music Nfts In Metaverse Concert. See Details | Mint – Mint

by NewsReporter
April 13, 2022
0

SubscribeSearchMy Readse-paperNew Notifications Newsletters IFSC Code FinderNew MintGenie For You Top Sections News Companies News Start-ups Company Results People Technology Gadgets Tech Reviews App News Foldable Smartphones 5G Tech Markets Stock Markets Commodities Mark To Market IPO Live Blog Money Personal Finance Q&A Photos Mutual Funds Mint 50 - Top...

Comal County News Online

© 2021 Comal County News Online

Navigate Site

  • Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer

Follow Us

No Result
View All Result
  • Home
  • DMCA Policy
  • Medical Disclaimer
  • Privacy Policy
  • Disclosure
  • CCPA
  • Terms of Use

© 2021 Comal County News Online

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT