Lily R.
Lily R.
Nov 24, 2022

All About Shibaverse Metaverse: How to Buy Land? What Is The Verse Token?

tl;drShibaverse is an entertainment and educational Metaverse project on the Ethereum blockchain. Shibaverse users can attend events and meetings, play games, educate themselves on the Metaverse and blockchain, and explore freelance work opportunities in its Metaverse. Keep reading through this article to see what investment opportunities you can find in the Shibaverse.
All About Shibaverse Metaverse: How to Buy Land? What Is The Verse Token?
All About Shibaverse Metaverse: How to Buy Land? What Is The Verse Token?
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What Is the Shibaverse Metaverse?

Shibaverse is a Metaverse project aiming to bring features such as VR, digital real estate, P2E games, and freelance jobs into the Shiba Inu ecosystem. Shibaverse is a project different from Shiba Inu’s own Metaverse called SHIB.

Shibaverse offers features like

  • Shiba academy,
  • Virtual galleries with art created by users, and
  • Online community meetups and gaming challenges.

Shibaverse helps keep the Shiba Inu community active and educates younger generations about the blockchain.

How Does Shibaverse Work?

Shibaverse is a Metaverse world with Shibacity as its capital, which has the Genesis district. It is the most advanced district in the whole city and is located at the seacoast. Other districts are Shibarium and Shibaswap.

Unlike most Metaverse projects with randomly generated components, Shibaverse utilises a contemporary modern design with urban spaces inspired by present-day architecture and photo-realistic panoramic renderings. 

This feature allows users to create and explore their dream homes. Also, cities have different functionalities and are organised blocks, which creates an interactive and engaging environment for both users and their Balloon Shibas.

Shibaverse NFTs

Shiba NFT 2.0 is the NFT used throughout the Shibaverse, which grants access to many things in the Shiba Metaverse. The key features of the Shiba NFT 2.0 are enabling access to the Shibaverse, breeding more Shiba NFTs, and participating in P2E games. What are they? Find out below.

Accessing Shibaverse

Owners of Shiba NFT can participate in the events and game challenges in Shibaverse. Shiba NFTs will also provide opportunities for users to take part in the development of this Metaverse.

Moreover, parents can use these NFTs to participate in the Shiba Academy Educational Track with their children. 

Each Shiba NFT Is Unique!

Each Shiba NFT is unique and will have its own skill set, strengths and weaknesses. Users can train their Shibas to make them ready for games. Also, spending time with Shibas, like playing with them, increases their skills, which is beneficial in earning more rewards.

Shiba Puppies

If you have a male Shiba and a female Shiba, you can breed them and have as many puppies as you want in the Shibaverse! The Shiba puppies are also NFTs and randomly acquire some characteristics of their parents.

You can also breed the puppies together when they’re grown up. Since every Shiba has its own skills and characteristics, they earn different prices in the Shibaverse NFT marketplace.

Team Behind the Project

The Shibaverse team consists of pseudonymous experts in the fields of tech and business.

  • Shibaverse's founder has a Master’s degree in Telecommunication Engineering from Europe. He has run a business for several years and has gained customers from various parts of the globe. During the past two years, he has been focusing on polishing his skills in the blockchain industry.
  • Shibaverse architect has a Master's Degree in Architecture from Europe. She has worked in companies specialised in Architecture and Urban Planning and has earned her own trademark in the design field. 
  • Shibaverse rocketeer has earned a Bachelor's Degree in Business & Marketing in Europe. He has worked with global fashion brands and has ten years of experience in Social Media Marketing. He is currently the Chief Marketing Officer at Shibaverse.

Shibaverse Features

The top features of Shibaverse include

  • NFT 2.0 Marketplace
  • Play2Earn Gaming
  • VR Experience and Virtual Walks
  • Verse Token Market Buyback and Burn
  • Virtual Shops
  • Freelance Job Opportunities
  • DeFi Tools Utilising Shiba Ecosystem
  • Interactive Educational Tracks

Goals of Shibaverse

Shibaverse has two main goals, which we’ll elaborate on below.

  • Entertaining the Shiba Inu community and bringing financial opportunities to them, and
  • Educating the younger generation about blockchain technology. 

Entertaining The Shiba Inu Community and Creating Financial Opportunities

Shibaverse aims to make more people interested in the Shiba Inu community by creating districts corresponding to the Shiba Inu ecosystem. It brings current and future holders financial incentives, investment opportunities and entertainment. As the Shibaverse team puts it:

“We believe this will allow the community to further express themselves and their interests, life, work, personality, and passions through ownership of their digital living spaces and other assets.”

Educating Younger Generation

Moreover, Shibaverse aims to create more opportunities for younger generations. Shiba Academy and Shiba Studio, two features of Shibaverse, are places where teenagers would find mentorship and guidance on how to be more financially secure and get help developing design and coding skills. According to the Shibaverse team:

“Now we see teenagers playing blockchain games and financially supporting their parents in less wealthy parts of the world. We want to further increase those chances by educating younger generations in a fun and interactive way.”

Shibaverse Coin: What Is VERSE Token?

Verse is an ERC-20 utility token on Ethereum. It has a maximum supply of 1 billion and will be used for the following purposes:

  • Transactions within Shibaverse
  • Game Incentives and Participation
  • Rewards
  • Governance

You can buy VERSE tokens on Shibaswap or Uniswap exchanges. 

VERSE Tokenomics

According to the Shibaverse whitepaper, since the project is community-based, 100% of the circulating supply is dedicated to the community. There were no presales or seed investors before the launch of the project. 

Shibaverse had a fair launch on Aug 19, 2021 on the Shibaswap DEX. The distribution of the verse token is as follows.

DEX Liquidity - 80%
Reserved - 20%
VERSE Token Distribution

The remaining 20% is reserved for

  • Game Prizes
  • Airdrops for Shiba Inu Users
  • Potential Listings on Exchanges
  • Staking Rewards for VERSE Stakers

Don’t let the names confuse you! Shiba Metaverse and Shibaverse are two separate projects. Shibaverse is the unofficial Metaverse project directed towards the Shiba Inu community.

The Shiba Inu (SHIB) team has confirmed the Shibaverse.io is not related to the forthcoming official Shiba Inu (SHIB), i.e., The Metaverse.

Shiba Metaverse Release Date

Shiba Inu’s Metaverse - SHIB - is expected to arrive in Q4 2022. SHIB will be launched on Shibarium, Shiba Inu’s upcoming layer 2 scaling solution. 

How To Buy Land In Shibaverse?

To buy land in Shibaverse, you will first need to acquire VERSE tokens. Use the following instructions on the MetaMask wallet.

  1. Make sure to have some ETH in your wallet as the base currency.
  2. Visit Uniswap or Shibaswap DEX.
  3. Connect your MetaMask wallet.
  4. Search for the VERSE token (here’s the token address: 0x7ae0d42f23c33338de15bfa89c7405c068d9dc0a).
  5. Choose the amount of VERSE you want.
  6. Swap your ETH with VERSE.

You can now visit Shibaverse’s NFT marketplace and view the lands available for purchase.

Summary

Shibaverse is a Shiba Inu-themed Metaverse project that runs on the Ethereum blockchain and offers various services, such as NFTs and educational academies.

It aims to promote the Shiba Inu community and entertain its existing users, while also educating the younger generations about the blockchain technology and its financial opportunities.

FAQ

After learning all about Shibaverse and how it resonates with Ryoshi’s vision with Shiba Inu, let’s answer some FAQs!

When Did Shibaverse Come Out?

Shibaverse was launched in September 2021.

Is Shibaverse On Coinbase?

No, Shibaverse hasn’t been listed on Coinbase yet.

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