English Fashion Brand Reveals Plans to Purchase Store in SHIB Metaverse Ahead of Public Sale

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Shiba Inu

Developments are currently ongoing behind the scenes for Shiba Inu, especially on the Metaverse project. SHIB: The Metaverse has recently entered into its 7-days “Holder Event,” following the success of its initial stage, which was the 3-days “Early Access Land Bid Event” on Saturday, April 16. The event saw a tough competition as 4500 transactions were tracked during the first phase.

Holder Event is an “Exclusive” opportunity for those who could not participate or place bids for lands during the initial stage. According to the SHIB INFORMER, the official member of the SHIB ecosystem, the Exclusive Holder Event ends on Friday, and Public Sales of virtual lands will start. Therefore, individuals can buy land without LEASH or SHIB restrictions.

John Richmond Aims to Buy Land in SHIB Metaverse

Celebrity fashion designer based in Italy and SHIB’s official partner, John Richmond, expressed his interest in buying a virtual store in SHIb, metaverse. He mentioned this plan in a tweet that Sythoshi Kusama retweeted. 

John Richmond’s Relationship With Shiba Inu

Shiba Inu broke into the fashion industry and partnered with Richmond on 28th February 2022.  On 26th March, the English designer officially announced that SHIB and LEASH could be used to pay for services via NOWPayments

Furthermore, the famous clothing brand declared that it would also contribute to the burning of SHIB. According to the announcement, Richmond will use 9% of its profit per sale to burn SHIB and 1% to burn LEASH.

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