On March 30, the Shiba Inu team shared a <a href="https://blog.shibaswap.com/shib-the-metaverse/">blog post</a> on their official website disclosing details about their metaverse project. A Shiba Inu community dedicated space announced the news on Twitter. 

https://twitter.com/shibainuart/status/1509269220164440064
<h2>Launching the Most Anticipated Metaverse</h2>
The Shiba Inu team shared a big announcement yesterday, which was the launch of their virtual space, Shib: The Metaverse. The developers of the meme coin said that the metaverse will be acting as the environment for the ShibArmy to grow, share, interact, and benefit. 

The team highlighted the role of the native token of the metaverse, 
<blockquote>“The Shiba Ecosystem will be used entirely by the SHIB: The Metaverse project, meaning all tokens $SHIB, $LEASH, $BONE will play a role as phases roll out."</blockquote>
The blog also outlined that alongside the official website, they will soon be launching “SHIB.io.” This new domain will consist of announcements about the Metaverse and other projects of Shiba Inu. 
<h2>Overview of the Metaverse</h2>
Shib: The Metaverse will incorporate 100,595 plots of land out of which 36,431 lands will be unlocked during the introductory phase. The value of a plot of land will be determined by its location which will be categorized into four tiers. 

Tier 4 Silver Fur: 0.2 $ETH for 17,030 Lands

Tier 3 Gold Tail: 0.3 $ETH for 7,356 Lands

Tier 2 Platinum Paw: 0.5 $ETH for 5,714 Lands

Tier 1 Diamond Teeth: 1 $ETH for 2,024 Lands
<h2>Why Did Shiba Inu Allow Ethereum as Payment?</h2>
The Shiba Inu team was looking for a neutral token that would be able to sell into stablecoins in order to pay for resources in the environment. The developers feel that using the Shiba Ecosystem tokens will be risky, as they do not wish to dump their tokens price cashing them.

Shiba Inu's Metaverse To Use Ether as Price Token

The Shiba Inu team announced the launch of their virtual space, Shib: The Metaverse which will be using Ethereum (ETH) as price land token.

Priyanka is an active crypto enthusiast. Having graduated with a BA in Journalism and Mass Communication, she is a passionate content writer with a strong understanding of financial content. She has been writing on crypto and blockchain-related topics for the last three years and is an active trader.

Shiba Inu's Metaverse To Use Ether as Price Token

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