Shiba Inu Introduces ‘SHIB: The Metaverse’ With Over 100K Land Plots

Ashish Kumar
March 31, 2022 Updated June 30, 2025
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SHIB-The-Metaverse

Finally, the Shiba Inu (SHIB) has launched its much awaited Metaverse project. The team claims that this immersive experience will position the ShibArmy to grow. SHIB: The Metaverse will be made up of 100,595 land plots, however, some of it will remain private. Shiba Inu will be dropping its AAA Game Developer Studio this coming week.

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SHIB Metaverse consists of over 100k land plots

The year 2022 has seen many cryptocurrencies and tech companies adopting an approach to enter the Metaverse race. In this bid, Shiba Inu has also declared its position in this contest. The meme-coin will be facing direct competition with the virtual lands built by Decentraland, the Sandbox and others.

The meme-coin team has named it SHIB: The Metaverse where all its tokens $SHIB, $LEASH, $BONE will play an important role as phases roll out. The team has promised the SHIB community will have great interaction, future choices and creative ways to dive in as the project will evolve.

SHIB has announced that its Metaverse will consist of 100,595 land plots, while, just 36,431 plots will be unlocked during the introductory phase. As per the release, the virtual land will also reveal 4 Districts, which they have named 1) Growth District, 2) Defense District, 3) Technology District 4) Currencies District. Meanwhile, the team has saved 15 total lands for people involved in the current and future development of the project.

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SHIB chooses ETH for land pricing

Interestingly, the Shiba Inu has chosen Ethereum (ETH) for unlocking the different tiers in the Metaverse. The price has been fixed between 0.2 ether (ETH) to 1 ETH. The team has explained that they have decided to use a neutral coin, so, that they can sell them in order to pay for the development of the project. SHIB made it clear that using Shiba native coins is a risk and that is out of their plan.

In the end, the Shiba Inu left the ShibArmy with another upcoming project. The team has announced that they are in the final stages to welcome a AAA Game Developer Studio. A statement will be out anytime this coming week.

The meme based cryptocurrency’s price hasn’t reacted much after the big announcement. SHIB is marginally up by over 1% in the last 24 hours. The coin is trading at an average price of $0.000028, at the press time.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.