Main navigation

Shiba Inu Teases a Year Full of Other Surprises, Here Are Its Plans for Development

Advertisement
Thu, 31/03/2022 - 13:42
Shiba Inu Teases a Year Full of Other Surprises, Here Are Its Plans for Development
Cover image via stock.adobe.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

After revealing the juicy details of its much-talked-about Metaverse project called "SHIB: The Metaverse," Shiba Inu teases a year full of other surprises. @Shibainuart, in a recent tweet, highlights that 2022 is expected to be a year full of surprises, with new implementations like Layer 2 Shibarium and SHI, the Shiba Ecosystem stablecoin.

Speaking on this in its recent blog post, the Shiba Inu team states: ''While our ecosystem (SHIB, LEASH, and BONE) continues to grow, and evolve, this 2022 is aimed to be a year full of surprises with new implementations like Shibarium, which will be the Layer 2 (L2) in which SHIB: The Metaverse will be developed, and even SHI, the Shiba Ecosystem stablecoin that is going to open new investment opportunities through the system Shib is currently developing. But that's not all.''

As previously reported by U.Today, Unification Foundation, a provider of blockchain solutions for enterprises, announced that a public testnet of Shibarium, a Layer 2 scaling solution for the Shiba Inu cryptocurrency, might be released "very soon." The second version of Shibarium's private testnet has already been launched.

Advertisement

In December, developer Eric M tweeted that Shibarium could not be "silently dropped," adding that there were some things that needed to be done. Before that, he assured the community that the much-awaited scaling solution would be launched soon. Shiba Inu developers have not developed a definitive timeline for the project since they "don't ensure success."

SHIB: the Metaverse

As reported by U.Today, developers behind the meme coins originally announced the ambitious Metaverse initiative in early February to compete with the likes of Decentraland.

The Metaverse will consist of 100,595 plot lands, some of which will remain private.

The plots of land will be unlocked in phases. During the introductory phase, the team will unlock 36,431 plots, which will be divided into four tiers ("Silver Fur," "Gold Tail," "Platinum Paw," and "Diamond Teeth").

Prices range from 0.2 ETH to 1 ETH depending on the tier. The team says that it wanted to pick a neutral token for pricing.

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD