Shiba Inu Omniverse: Is Shiba Inu Metaverse And What Is Shibaverse?

share to other networks share to twitter share to facebook

There’s a new Omniverse coming. And it’s the Shiba Inu Omniverse. In case you're unfamiliar, Omniverse is a collection of two or more Metaverses. Naturally, as the Shiba Inu Omniverse comes to fruition, it’s important to understand what it actually is. So, let's find out!

Is Shiba Inu Metaverse?

As of now, Shiba Inu is just an Ethereum based meme coin. However, the team is planning to enter the Metaverse space. This would make Shiba Inu the first crypto to have its own Metaverse. Ryoshi, the founder of Shiba Inu, revealed that The Shiba Inu Core Devs (SICD) is working towards developing its Metaverse known as “Oshiverse.” He said:

We are working on so many aspects of Shiba Inu including Shibarium, Shi, Shibanet, The Decentralized Shiboshi Game, Incubator and much more that won’t become evident until the near future.

Shibarium is Shiba Inu’s own blockchain which is under development. The Shiba Inu's Metaverse - Oshiverse - is planning to be built on the Shibarium blockchain.

Advertisement

Read More: Metaverse Land: What Is Land In Metaverse And How To Buy Land In Metaverse?

What is Shibaverse?

Shibaverse is a social and educational Metaverse for the Shiba community and blockchain enthusiasts. Within Shibaverse, users can have their own digital real estate living space and other NFT assets to express and share their interests, life, work, personality, and passions with others.

VERSE (ERC-20) token is the native token of the Shibaverse. The token is used for purchasing real estate, land and shibas (pets) from the primary market. Moreover, the token also plays a role in the Play-to-Earn mechanism and platform governance.

Advertisement

According to the website, the Shibaverse is created by the Shiba Inu community; not by the Shiba Inu team. However, the team hopes that as they prove their value for the Shiba ecosystem they will be working more closely with the Shiba Inu Token team. Currently, the Shibaverse team consists of four young minds with knowledge in blockchain, architecture, marketing and 3D rendering.

In the future, we can expect that the Shiba Inu Omniverse will encompass the Oshiverse and Shibaverse. Undoubtedly, Shibaverse has a great potential for the future, because the Shiba Inu community is already active and engaged. They are contributing to the development of Shibaverse.

Check back here often to find the latest information about the Shiba Inu Omniverse!