SHIB: The Metaverse, developers of the Shiba Inu metaverse project, finally launched the first early access to metaverse lands today. SHIB price continued to rise with this development. Here are the details…
Early access to SHIB lands has begun
Land purchases have started in SHIB: The Metaverse, which has been on the agenda for a long time. First early access to the Bid Event, the bidding event for lands, will be granted to Shiboshi and LEASH owners who participate in the project’s locker program, which kicks off over the weekend. According to the details of the Shiba Inu land auction, the bidding event will run for the next 72 hours and will give Shiboshi and LEASH participants the opportunity to bid for existing plots in the virtual reality project.
36,431 plots out of a total of 100,595 plots in the Shiba Inu metaverse for early stage use will be presented. As we have also reported as Kriptokoin.com, the plots are divided into four layers: Diamond Teeth, Platinum Claw, Gold Tail and Silver Fur. The initial price of the plots in Silver Fur is 0.2 ETH, those in Gold Tail are 0.3 ETH, those in Platinum Claw are 0.5 ETH and those in Diamond Teeth are 1 ETH.
What are the purchase procedures on Shiba Inu land?
Once a user has bid for a particular plot and the first bid has not been exceeded by another bid within 72 hours, the land is automatically awarded to the highest bidder. After the completion of 72 hours after the Shiba Inu developers announced the start of the bidding event, any land that was not sold in the early stage will be transferred to the second sale event, which will begin immediately after the bidding event.
Although the startup does not seem to support SHIB holders, the developers of the project have added several utilities to increase the value of the cryptocurrency in the metaverse. SHIB will also be used to lease HUBS. HUBS are the highest value lands in the entire area. SHIB will be used to customize purchased pieces of land to fit the buyer’s identity. With this development in the Metaverse, the SHIB price managed to maintain its momentum after being listed on Robinhood yesterday. The coin is changing hands at $0.00002703, up 19 percent at the time of writing.
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