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- SHIB the Metaverse has been announced to be launched on the Shibarium.
- The project is focused on unifying the metaverse landscape that is spread over and isolated.
The much-anticipated SHIB The Metaverse has been announced to be launched on Shiba Inu’s Ethereum Layer 2 (L2) blockchain, Shibarium as part of its effort to transition from a meme community to a more technologically oriented movement. The new development is said to enable users to build businesses, structures, Decentralized Finance (Defi) platforms, etc in the metaverse.
The metaverse landscape is said to have multiple worlds that are spread across and isolated from each other. For this reason, SHIB The Metaverse, with Shibarium as its backbone has been designed to unify the landscape. In addition to its plan of empowering everyday users to embark on their usual activities in the space, there are plans to extend the next-generation capabilities to gaming. As part of this effort, the team has invited studios worldwide to the metaverse, to make use of the Shibarium blockchain to get users to create, play and engage in new games.
According to Shytoshi Kusama, a lead developer of Shiba Inu, the well-adopted native token of the Shiba ecosystem sets new standards, and that would not be different from the SHIB The Metaverse.
This incredible metaverse experience will allow anyone from any walk of life to explore, create, discover, trade, sell items, buy items, and live in a new world that rewards their participation with tons of opportunities and experiences. Now add that to the Shiba Inu token ecosystem, the new Shibarium blockchain, and the best community on the planet: ShibArmy! This level of quality can only be accomplished by tapping the incredible minds and technology of our community and contributors.
Alpha Preview version of SHIB the Metaverse at full display at the just-ended SXSW
This year’s South by Southwest (SXSW) saw the full display of the Alpha Preview version of SHIB The Metaverse from March 13 to March 15. For information purposes, SXSW was founded in 1987 in Austin, Texas, and it is known for its renowned conferences and festivals where creative people from different fields converge for exhibitions, networking opportunities, etc. At the just-ended program, the Alpha preview version gave viewers a glimpse of the possibilities in the WAGMI Hub. It is worth noting that WAGMI Hub is just the first of the 11 hubs in the SHIB the Metaverse.
Sherri Cuono, Metaverse Advisor commented on this:
By leveraging advanced cryptographic techniques, off-chain computation and storage, and other innovative solutions, Shibarium can provide a wide range of technical benefits, including increased throughput, reduced latency, lower fees, improved privacy and security, and greater flexibility and interoperability. These benefits can help to drive the next wave of blockchain and SHIB The Metaverse innovation, unlocking new possibilities for decentralized transactions, gaming, social media, and other emerging use cases.
Last week, Cuono had a meeting with Ted Schilowitz, the futurist at American film production company Paramount Pictures at the SXSW festival held in Texas. This generated speculations of a substantial advancement in the SHIB the Metaverse project.
Shiba Inu currently has a bearish sentiment with a trading price of $0.00001. The price is a little over 3 percent down in the last 24 hours and 5.9 percent down in the last seven days.
