“We will be introducing the first special role that Shiba Inu $SHIB will play in the metaverse,” the announcement said. “By welcoming a mechanic to burn $SHIB independently while renaming your land plot, furthermore, this should start soon after land events and public sale have ended.”
The rest of the SHIB ecosystem coins such as LEASH and BONE will play a role as more phases are rolled out, developers said, adding that LEASH holders will be able to purchase lands in later stages.
The metaverse will be developed in Shibarium, a layer 2, or companion, a system for SHIB. The SHIB token was flat, trading around $0.00002274 as of the writing of this article.