SHIBA INU - The Metaverse, marks the beginning of a new era.

The metaverse of Shiba Inu, will usher in a bold era of crypto gaming and passive earnings.

The developers of the #ShibaInu meme #cryptocurrency have announced plans to launch the Shiba Inu metaverse, “SHIB: The Metaverse,” a project aimed at expanding the usefulness of the Shiba Inu ecosystem.

The metaverse will open in December 2023 and will feature 100,595 user-minted parcels of land.

Owners can generate passive income from their plots, collect in-game resources, and generate rewards.

Also, the developers plan to introduce a way to earn and ensure that players have a personal space where they can build and manage their projects.

The metaverse will run on Shibarium, a Layer 2 network using Shiba ecosystem tokens such as BONE and LEASH , with the testnet already active.

SHIB: The Metaverse

"While all development takes time, the MV team is confident that by the end of 2023, users will have the opportunity to explore some of the areas of this fantastic world, build, design, play, and develop within it," the developers said.

However, not all areas of the metaverse will be completed as it is an ongoing project.

In the Shiba Inu metaverse, users can create their own avatars, modeled after humanoid dogs, to explore, visit, and interact with the lands and contribute to the in-game economy.

The “SHIB: The #Metaverse. ” project is another example of the growing trend of metaverse development in the crypto space.

The use of blockchain technology in the development of the metaverse provides new opportunities for users to own and control digital assets and participate in virtual economies.

The release of “SHIB: The Metaverse” is expected to add more value to the Shiba Inu ecosystem and expand its use cases beyond meme cryptocurrency trading.

#Binance #crypto2023

$SHIB $ETH

NFT virtual land refers to digitally ownable areas within a metaverse platform. Prominent projects in this space include Decentraland, The Sandbox, and Axie Infinity. NFTs are particularly suitable for representing land ownership as they are unique and easily provide proof of digital ownership. NFT land has various applications such as advertising, socializing, gaming, and even work-related activities.

Landowners typically have the freedom to host online experiences, showcase content, or gain advantages in gaming environments. Notably, well-known brands and celebrities like Adidas and Snoop Dogg are starting to invest in and utilize NFT land.

The value of a plot is influenced by its utility, the associated project, and market speculation. NFT land can be acquired through land sales directly from the project or through secondary markets on NFT exchanges like the Binance NFT Marketplace or OpenSea. Prior to purchasing, it’s essential to understand the risks and potential use cases of the land and the project it is associated with. Depending on the situation, renting rather than buying NFT land may be a more favorable option.

There are two primary methods for acquiring Metaverse NFT land. One can participate in a land sale conducted by the project itself or purchase land from other users via a marketplace.

Participating in a land sale often allows buyers to secure land at a lower price compared to the secondary market. Most large metaverse projects with NFT land have experienced increasing prices over time, making land sales more advantageous. Some projects sell all their plots in a single event, while others release them in rounds.

#WebGTR #Metaverse. #Virtual #NFT #Opensea

⚡️🚨 Today we review Wilder World

https://www.wilderworld.com/

"A new dimension of reality" - 🚨Never in my experience, has a marketing slogan been so close to real situation.

⚡️'Wilder World' - the most photorealistic and technologically advanced Metaverse in space right now.

Launched in May 2021, Wilder World was years in making prior to their presale. Quite a lot of people, including plenty of influencers, participated in the project. Considering the gas fees back then, presale went smoothly.

The project quickly gained steam due to their mindblowing concept, incredible graphics and design work, professionally written logs, constant dev updates and amazing NFTs.

Apparently, from my observation, core founders of the project are realfrankwilder and real_n3o, former being the artistic mastermind and the latter turns it all into reality.

However, I am not 100% sure. The team is somewhat anon, so I could be wrong about the corporate structure.

Wilder World is set on creating Miamis' first #Metaverse. sister-city: 'Wiami', and from what I've dug out, the mayor of Miami was one of the supporters of the project.

#CoinMarketCap has an agreement to build 'Alexandria Library' in Wiami, if this doesn't sound bullish to you, then I don't know what will.

This #Metaverse. is abundantly rich with NFTs.

How about very high resolution replicas of real-life cars? Dreaming of that Lambo you can't afford?

They got you covered.

How about a nice flat in a highrise building? Pets? Clothes? Hovercrafts? Or...maybe a seaside land plot?!

Every #NFT you buy will have an utility to be used in-game, in the next GTA, Witcher, or RDR2 of Crypto.

Massively played open-world gaming experience with unparalleled quality.

🚨Check out their trailers on Youtube or Twitter. The amount of work that's been put into bringing this project to where it is now, is unbelievable.

They have a very large team. Considering "Crypto Project Standards", 100+ employees on your payroll, all working in tandem to bring the final result, is as close as you get to a traditional medium-sized Game Studio.

The development team consists of former employees of some of the worlds' best Game Studios, that we all have heard of. Big names in the game.

What's happening on the trading front?

WilderWorld Hit an ATH of almost 8$ during the peak of the previous cycle in Nov 2021, which translates to roughly ~$500m valuation back then.

Supply in circulation has since changed, therefore it will be a different scenario this time.

The chart is in a year-long consolidation range, apart from a few "Buy the Rumor, Sell the News" actions here and there.

Apparently the project has a lot of very smart holders, as we like to call them "Diamond Hands".

Quite a few high networth individuals, including Arthur Hayes, former owner of Bitmex, being one of the biggest holders.

The main utility token $WILD , that is set for use in game when the first version of it is released later this year, is now sitting at 0.34$ at a time of writing, and has been ranging for more than a year.

It is listed on a dozen CEXs, but most of the trading is taking place on Uniswap and Kucoin.

This project is a no-brainer investment, in my opinion. Given its quite strong financial standing, which is ~$30m in reserves for development, given a far superior metaverse.

team than any of its competitors and a concept so great, that even if the team delivers 1/2 of their goal,

Wilder will easily become #1 Metaverse in Crypto, if they deliver what they promise to deliver.

I will load up this year Q3 & Q4 and this is only my opinion.

Thanks for reading.

Shiba Inu Metaverse spikes up as advisor reacts to Investors that acquired 73 Lands.

Shiba Inu Metaverse Advisor Marcie Jastrow calls attention to the purchase of over 70 Metaverse lands by investors as the project’s launch draws closer.

Excitement is growing within the #ShibaInu (SHIB) community, as investors have successfully acquired 73 exceptional lands in the SHIB Metaverse. This noteworthy achievement has garnered admiration from prominent individuals associated with the project.

Marcie Jastrow, the Shiba Inu Metaverse Advisor, expressed her gratitude on Twitter, acknowledging the Shibpreme team for their remarkable accomplishment in the #Metaverse.

She extended her thanks to Ttello, co-founder of Shibpreme, and Ortiz6Mil, the project manager, for their dedicated and hardworking contributions.

Shibpreme Team Reacts

SHIBPREME

Ttello, a significant contributor to the acquisition, couldn't contain her excitement and turned to Twitter to celebrate this remarkable feat.

As a co-founder of Shibpreme, she proudly announced the successful acquisition of over 70 lands within the SHIB Metaverse. Ttello specifically recognized Shibazam, the pseudonymous project manager for Shibpreme, for their exceptional dedication.

Equally elated by the progress, Shibazam expressed admiration for the visionary leadership of Shytoshi Kusama, the lead developer of Shiba Inu, and the innovative work of the Shibacals team. Shibazam acknowledged their unique and promising contributions, eagerly looking forward to the upcoming projects built on Shibacals.

The SHIB Metaverse Land Acquisition

According to data from blockchain explorer, the first transaction from the Shibpreme team minted 43 lands at $16,139.79.

The second transaction minted 30 pieces of land worth $11,396.76, totaling 73 SHIB Metaverse land at $27,503.55.

The development reverberated throughout the Shiba Inu community, with supporters such as Robert Fox expressing their steadfast commitment. Fox enthusiastically shared his anticipation for the project and emphasized the team's unwavering dedication, assuring them of his enduring support.

Another community member highlighted the consistent track record of the Shibpreme team, drawing a notable contrast with other projects that often fall short of delivering on their promises. This comment underscored the deep trust placed in #Shibpreme and acknowledged its ongoing progress.

The unwavering dedication and passion displayed by both the Shiba Inu community and its Metaverse Advisor point towards a promising future for the Metaverse ecosystem.

With the continued support of its participants, the SHIB Metaverse is poised to offer even more unique experiences and exciting opportunities.

#Binance #crypto2023

NFTStudio24 believes that the future of gaming lies in the integration of blockchain technology. They are providing their audience with the most up-to-date and insightful coverage of the Web3 gaming industry through various forms of content. 

“Japan market holds big potential for gaming because it ranks #3 in terms of the highest revenue generating industry. The Web3 games can easily join the Japan market with some help,” Hinza said in her presentation.

She points out the advantages of joining the Japanese market, which include strict regulations and infinite opportunities for Web3 platforms. Compared to other countries, Japan’s Government is highly involved with Web3, making it a perfect market to target. 

One of the biggest examples is #Astar Network Japan Lab, an organization backed by the government. All the big Web3 companies are registered within this network, allowing them to expand better. NFTStudio24 is a member of this organization to promote Web3 and Metaverse to the global community.

In fact, NFTStudo24 has its own Global Web3 Community and an Expert Alliance community whose members include The #Sandbox  co-founder Sebastien Borget, Unstoppable Domains SVP Sandy Carter, Rektguy creator OSF,  Lunar Strategy CEO Tim Haldorsson, and many more. 

The platform offers members public relation services and also collaborate to work on different projects in order to promote Web3 around the world. 

Among many projects, NFTStudio24 has initiated the “Metaverse for All” campaign in which the media platform partners with different universities to introduce Web3 and #Metaverse.  

Hinza says that young people need to be educated to fully adopt this new technology. 

So far, NFTStudio24 has already signed MOUs with 11 institutes in India, 25 institutes in Pakistan, and 9 institutes in Singapore to offer The Sandbox Academy courses to young students. Hinza shares they’re working on expanding their campaign in Nigeria, North Africa, the Middle East, and Europe. 

Considering the significant decline in #ShibaINU trading value from its peak and its previous impressive performance, there is a chance that the cryptocurrency could experience another significant surge. Certain individuals have even speculated that it might eventually reach a price of $1 per token, which could potentially transform a $100 investment in the token today into an amount exceeding $12 million. Is it feasible for this scenario to unfold?

For Shiba Inu to achieve a price of $1 per token, it would need to experience a staggering rally of over 12,400,000% from its current token price. While there are potential catalysts that could trigger a strong bullish run for this meme #cryptocurrency , reaching such an ambitious target price is virtually impossible.

This is because as something grows larger, it becomes increasingly challenging to sustain relative growth. Even small increases in adoption or other catalysts can have a much more significant impact on assets or equities that start at lower valuation levels. This phenomenon partly explains why Shiba Inu was able to achieve such explosive gains throughout 2021.

Considering that Shiba Inu has already risen by more than 14,200,000% from its initial price, it is highly unlikely that it can replicate that level of increase from its current valuation. Despite the fact that the jump needed to reach $1 may seem smaller in terms of percentage-point increase compared to what the token has already achieved, such performance is almost certainly unattainable.

Even if Shiba Inu's circulating coin count were reduced from 589 trillion to 100 trillion through burning (permanently removing tokens from circulation), it would still have a market capitalization of $100 trillion at a price of $1 per coin. To put this into perspective, the total combined gross domestic product of all economies worldwide was $101.6 trillion in 2022.

In simple terms, holding onto the hope that Shiba Inu will reach $1 per token is akin to chasing an unattainable goal. However, it is still possible.

What factors could contribute to a rise in Shiba Inu's value?

Despite experiencing a decline in its coin price in recent years, Shiba Inu continues to enjoy strong support from a large and passionate community of followers. Remarkably, SHIB has achieved remarkable gains despite its primary use case being limited to a payment mechanism or speculative asset.

If there is a broader surge in cryptocurrency valuations, Shiba Inu may see a significant increase in its value as more people place their bets on the coin. Additionally, the team behind Shiba Inu has been actively working on expanding the token's ecosystem and enhancing its features.

In the second half of this year, the organization plans to launch Shibarium, a Layer-2 solution that will establish a more efficient connection between Shiba Inu and the underlying #Ethereum network. By improving transaction speeds and reducing costs, Shibarium aims to facilitate increased adoption and provide enhanced functionality within the token ecosystem.

Shibarium

Furthermore, the Shiba Inu organization is preparing to introduce "SHIB: The #Metaverse. ," a virtual world that could potentially boost the value of its namesake cryptocurrency. Within the metaverse, users will be required to burn Shiba Inu tokens to name plots of land. This burning process will decrease the total circulating supply of the token, potentially creating conditions conducive to price appreciation.

The SHIB Metaverse

A lot of things are going on around the SHIBA ecosystem. Reaching the US$ 1 goal seams, at the very least, far fetched. But that doesn't mean that the price can't rise from its current level.

Time will tell. SHIB always deserves our attention.

*Disclaimer: This is NOT an investment advice. Is just an analysis of an uncertain future of a coin. TRADING is risky and you should ALWAYS Do Your Own Research! Do not trust anyone but you own knowledge.