Benzinga - Shiba Inu (CRYPTO: SHIB) team on March 3 said that its metaverse has arrived at its annual event SXSW.
What Happened: In the panel discussion to be held on March 13, SHIB developers said they will examine the creative and technical process of authoring Metaverse experiences with existing technologies.
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The SHIB Metaverse was first launched on April 13, 2022. The Shiba Inu team stated that in order to participate, users will have to lock their LEASH and SHIBOSHI tokens and be prepared to make bids with Ethereum (CRYPTO: ETH).
The team had also introduced a new utility for SHIB in its metaverse. Users were able to burn SHIB every time they added pictures, logos or renamed their land plots. The tokens were used to lease “HUBS” or the highest-valued lands in the entire space.
READY, SET, METAVERSE! PANEL with Marcie Jastrow and friends at @sxsw
In this panel, we’ll examine the creative and technical process of authoring Metaverse experiences with existing technologies.
Hosted by @TheThirdFloor @ShibTheMV @marciejastrow
https://t.co/agBZb26voh pic.twitter.com/AdRqWTwT4U
— Shib (@Shibtoken) March 3, 2023When the metaverse was first launched, SHIB was trading at 0.000025. At the time of writing, SHIB was trading at $0.000011.
If you invested $100 today, you’d have 9.09 million SHIB units, and If SHIB reaches the same levels of its metaverse launch announcement, your $100 investment will be worth $227 — which is a return of 127%.
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