On April 11th, Shiba Inu (SHIB) developers stated in an update on Monday that SHIB: Metaverse is a project to expand the utility of the SHIB ecosystem and is expected to open in December this year. It’s unlikely the Metaverse will be fully completed at launch, as it will be a “work in progress”.
It is reported that SHIB: Metaverse will have 100,595 blocks of land minted by users. Landlords can earn passive income from their plots, collect in-game resources and earn rewards.
This metaverse project will be developed in Shibarium, an upcoming layer 2 network using Shiba ecosystem tokens such as BONE and LEASH, whose testnet is already live.