Although many thought that the Shiba Inu memecoin would only end up being a digital currency without any value or contribution to the blockchain community, the truth is that a few months ago, Shiba announced that it would launch its own Metaverse, SHIB.
The announcement was taken with great anticipation by meme cryptocurrency enthusiasts and hype quickly grew around this new dog-themed metaverse. Recently, Shiba has communicated that it will start with the sale of Lands within this virtual universe.
⛰ #ShibArmy, the wait is finally over – We are excited to announce that the first early access BID EVENT is now LIVE at https://t.co/w29zPzzQde
Important: In order to participate in this early access event, you must have $LEASH or SHIBOSHI locked and utilize the locking system. pic.twitter.com/tMvpfgsrVu
— Shib (@Shibtoken) April 13, 2022
The Shib Metaverse will have a total of 100,595 plots in the form of non fungible tokens (NFT). They will be divided into 4 large sections within the digital world: Silver Fur, Platinum Paw, Diamond Teeth and Gold Tail, and will be sold in stages.
To be part of this new project and acquire land in the Shiba Inu metaverse, it is necessary to have Leash tokens, which will be the official cryptocurrency of the ecosystem.
How to buy Land in the Shiba Inu Metaverse?
In order to have our own land in the Shib Metaverse, the first thing to take into account, as mentioned above, is to have Leash tokens in our wallet.
Once we have availability of the cryptocurrency, we must access the official site of Shib. There we have to block an amount of between 0.3 and 5 Leash for a period of time ranging from 45 to 90 days. This grants the right to access the purchase or auction of between 1 and 200 lands. The more tokens are locked and the longer the period of time, the more lands can be acquired.
Today, April 13, Shib has announced the start of the first stage in which participants will be able to bid for the first lands in the metaverse. This event (BID EVENT) will be active for the next 72 hours.
“This first exclusive event will allow participants to endure an exciting three-day (72 hours) race of bidding for their favorite plots. This is a unique and exclusive opportunity to reserve the first lot of land with priority over all other users.”
In its second stage, HOLDERS EVENT, holders of Leash and Shiboshis tokens who did not gain access to the initial event will be able to purchase lands. In this phase, no bidding is required as in an auction, but a direct purchase price will be established. This event will last 7 days.
Finally, the third stage of the sale of lands in the Shib metaverse will be open to the general public. During the Public Sale it will be possible to buy lands in this virtual world without any restrictions, token blocking, or auctions. In addition, it is not necessary to hold any of the tokens of the Shiba ecosystem.