The development of SHIB-The Metaverse, a virtual environment project by Shiba Inu (SHIB), has been underway for a while now. While the SHIB community has been displaying patience, the team has not provided any updates on the Metaverse project for a considerable period of time. However, the SHIB team has recently published a blog to keep the community informed about the current status of the virtual world project.
The latest blog post from Shiba Inu regarding its metaverse project reveals that the team has undergone some structural changes and made adjustments to the project’s roadmap and vision. In order to provide a more realistic user experience, the metaverse has undergone significant modifications. The team has revised their previous development work and is currently building new Hubs based on this updated foundation.
According to the recent blog post by the SHIB team, the metaverse will include several tools such as Object Placement, Terrain Editing, Interactivity, Monetization, and Publishing. These tools will enable users to create a virtual real estate on designated plots of land, which can then be sold or rented out. Additionally, users can leverage the avatar builder feature to create personalized avatars within the metaverse.
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The SHIB metaverse team has set up a new social media account and can be found on Twitter at their new handle, @mvshib. Any forthcoming updates regarding the Metaverse project will be shared via this account.
How Soon Will Shiba Inu’s Metaverse Launch?
According to the latest blog post, SHIB-The Metaverse is expected to be launched by the end of 2023, and the team is optimistic that users will be able to explore and interact with it by then. However, the team has stated that not all aspects of the metaverse may be fully functional upon its launch, as it is an “ongoing project” that will continue to evolve over time.
In addition to the highly anticipated launch of SHIB’s metaverse, the community is also eagerly awaiting the release of Shiabrium, which is SHIB’s layer-2 solution. Many are wondering if these two initiatives will serve as catalysts for SHIB’s growth and success. Furthermore, it is believed that the launch of both initiatives will increase SHIB’s burns, leading to a potential increase in SHIB’s price. However, at this time, there is no specific launch date available for either project.
As of the time of writing, SHIB was being traded at $0.00001116, which marks a 1.6% increase in value over the last 24 hours.
