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Shiba Inu Metaverse Team Set To Unveil 4 Hubs By September

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Shiba Inu’s Metaverse team would unveil the previews of four hubs by the month of September. As per Lucie Sasnikova, SHIB marketing specialist, the hubs include WAGMI Temple, Rocket Pond, Ryo Plaza, and Tech Trench.

The latest update was shared by Marcie Jastrow, SHIB’s metaverse consultant, in an interview with Sasnikova. Apart from that, Jastrow also disclosed that Shiba Inu’s metaverse will be released on PC, mobile, and virtual reality [VR]. 

MV project supporters continue to have a few inquiries, such as which hubs will be made public this year and how the team intends to launch the metaverse.

A user questioned whether the reveal would occur before or after the debut of the Shibarium. A SHIB-focused account responded by saying that MV would be working on Shibarium. Shibarium Mainnet will therefore launch first, followed [assuming all goes well] by Shib the MV Beta.

When asked about the Kennel Club, the SHIB member replied that all hubs will be developed. But the procedure will be introduced gradually. Right now, developers are concentrating on the first four. The remaining seven will then be added.

Out of the four hubs, the Shiba Inu team recently announced to reveal the final look of its newest hub; The Rocket Pond. The team in its tweet also invited the community to get in touch and submit MV-related inquiries.

Last September, SHIB released the glitzy concept art for its Rocket Pond Metaverse project after asking members what they would like to see or do in Rocket Pond.

Shiba Inu’s Metaverse Hubs Preview Got Rave Reviews

According to an official blog post published then, the environment at Rocket Pond would be similar to a mountainside resort, YMCA, or KOA campsite, with a combination of modern amenities and tourist attractions.

Animal life coexists with crystal-clear rivers, mountaintop resorts, and lush vegetation.

Not long ago, Mastrow who spoke at NAB in Las Vegas, highlighted the ability of Shibarium to advance the SHIB metaverse project and stated that it is attracting interest in Hollywood circles.

Another development worth noting is the burn initiative where the Shiba Inu community wiped out more than 3 billion SHIB tokens the other day, producing an astounding increase in the burn rate of 26,388.06%.

Data from Shiba Inu burning portal shibburn showed that a total of 3,034,309,519 SHIB tokens were sent to dead wallets in two transactions.

Metapoint Metaverse Loss Nearly $1 Million But How?

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MetaPoint, a metaverse platform, was hacked recently and lost almost $1 million worth of cryptocurrency. Another attack by unidentified hackers hit the crypto sector. On April 12, MetaPoint was hacked, and 2515 BNB were taken. Additionally, the hacker moved the money to Tornado Cash, which will make it more challenging for victims to pursue damages. The issue and any potential plans for a refund have not yet been addressed by MetaPoint in an official statement.

MetaPoint and the Most Recent Hack

Players can participate in a variety of common activities in their virtual world on the MetaPoint Metaverse Platform. These include taking part in social activities, video games, events, and business endeavors.

However, MetaPoint features a distinct trading method and a modern AMM system. This makes it possible for players to have fun while participating in a metaverse and monetary system.

One of the platform’s smart contracts was utilized by the attacker. In the event that the user makes a deposit, the transaction establishes a new contract and places assets in it. The analyst claims that the issue with this contract is that it features a function called “approve” that enables the caller unrestricted access to $META tokens. Additionally, the attacker obtained 36,800 POT tokens worth $63,000.

On the MetaPoint exploit, an expert made the following comment

“The problem is that this contract has a function called approve that gives the caller of the function access to the $META tokens without any restriction.”

The MetaPoint team made an announcement regarding the attack and the shutdown of all activities on Telegram. They have discovered weaknesses, and they are now developing remedies. The heist may have been substantially greater had the breach not happened in less than a day. At the time of writing, the POT token is down 77% over the previous day to trade at $1.74. The token’s value peaked at $35.71.

Previous Metaverse Exploits 

One of the social media profiles belonging to the play-to-earn metaverse game The Sandbox was compromised; it was revealed in February. Sandbox promised its users in the release that it would look into the matter.

The Sandbox team, which tweeted the warning, also advised users not to click any links coming from their Instagram accounts until further notice. It is one of the most played metaverse games, with over a million players regularly using the network.

In 2022, an exploit was also aimed at Desrosiers, a game that aimed to use the virtual world to develop a game that would teach children about human anatomy and physiology.

Before 2024, users may notice a few trends as the metaverse ecosystem tries to expand. There are a lot of games in the metaverse, and by 2024, we may expect to see the virtual reality gaming sector grow even more. The experience of playing a virtual reality (VR) game is more realistic and interactive when one can fully immerse themselves in it.

Related Reading: |Shiba Inu Metaverse Team Offers A Sneak Peek Of Its New Hub|

Shiba Inu Metaverse Launches New Twitter Account & Tools For User Creativity

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Shiba Inu Metaverse (MV) team announced the launch of a new Twitter account named Shib – The Metaverse, which will be the official communication channel for all updates about their project. 

To celebrate the launch, the MV team is also running a giveaway contest, where participants can win 10 free lands by following the new account and retweeting their posts by the end of April.

According to an official blog post, the Metaverse has undergone numerous changes, including structural changes to the team, creating new designs for specific hubs, and modifying the roadmap and vision. 

The team has set the end of 2023 as the timeline to allow users to explore some areas of the Metaverse, build, design, play, and develop within it.

The team has been pushed to create a new social account to communicate updates and official news, and users are encouraged to follow the new official Twitter handle, @mvshib, to stay up-to-date. 

Additionally, the team has significantly improved the development infrastructure, providing users with a more photorealistic experience. 

The team is now building new hubs with a more modern approach to developing gameplay design, without the headache of lengthy troubleshooting, by utilizing all of Unreal’s in-engine capabilities. 

Tools For Shiba Inu Metaverse: Plot Builder, Avatar Builder, Game Maker

Per the blog post, the team is also developing key tools for the first version of the Metaverse, including a plot builder, an avatar builder, and a game maker.

The plot builder tool enables users to design and personalize their plots, including inserting fully pre-built things like structures, trees, and decorations to produce a distinctive scene or landscape.

Moreover, users can adjust the terrain of the plot, paint it with different textures, add interactive elements, monetize their creations by selling or renting their plots, and publish them for other users to visit, explore and interact with. Users can access 1764 m² for owned land and 1024 m² for buildable land.

The blog post further stated that the avatar builder tool allows users to create a unique digital identity with various personalization options. Users can choose from pre-made templates or customize body features, facial elements, hairstyles, clothing, and accessories.

The game maker tool details are yet to be revealed in the next blog. The following surprise, Rocket Pond, a hub that would elevate users, has also been revealed by the MV team. Users may get a sneak glimpse of the initial previews the MV team has created as they wait for the flyover launch to begin.

Finally, the MV team attended the SXSW Experience to showcase the Wagmi pre-alpha immersive piece to the outside world in a festival style. 

The blog post claimed that the team decided to take part in the SXSW Experience after realizing that depending simply on internal input from their staff and content providers may not be enough. The feedback received will help the team improve and enhance the Metaverse.

Related Reading |  BNB Greenfield Launches Congo Testnet: Revolutionizing Data Ownership In Web3 

Polygon Unveils ZK-Identity Solution, Sparking Future Integration With AI Projects

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Polygon, the Ethereum-based layer-2 scaling protocol, has launched a zero-knowledge decentralized identity solution, Polygon ID, for public use, according to its official blog post.

This identity solution offers a self-sovereign identity infrastructure stack to developers building decentralized identity solutions for users, empowering them with control over their identity and privacy. 

With it, businesses can now manage user data without the hassle of data management headaches, while users can prove they are human without disclosing personal information. 

It allows users to generate zero-knowledge proofs using off-chain credentials like diplomas, driver’s licenses, or national IDs to interact with smart contracts, offering users passwordless login, reusable credentials, and composable reputation. 

Unlocking New Possibilities With Polygon ID

Developers can leverage Polygon ID tools to integrate decentralized identity into their applications while being Web3 native. This is made available under an open-source AGPL license.

These tools unlock a wide range of use cases for developers, from Proof of Uniqueness and Immediate Onboarding to use by DAOs and Decentralized Finance (DeFi). 

It also enables portable avatars and reputation by allowing users to store and update digital assets, achievements, and progress across different games and the metaverse.

The public release of Polygon ID adds four new tools to its Toolset, including Verifier SDK, Issuer Node, Wallet SDK, and Wallet App, all made available under an open-source AGPL license. 

Blockchain Lock, an IoT device and blockchain company, is already using it to facilitate the unlocking and locking of office spaces using its trust network. Similarly, Bloock, a blockchain technology company, is building a trusted network to facilitate identity issuance to over 7,000 real estate professionals in Spain.

Polygon ID offers a fundamental change in the Internet’s trust model, making elaborate proofs like “I’m older than 18 and a citizen of the U.K.” possible without disclosing personal information. 

However, it offers tools for decentralized and private identity solutions that are worthy of the next iteration of the Internet, enabling trust and verification while maintaining the veil of privacy.

Twitter Community Reaction On Polygon ID

In response to this news, community members have expressed their excitement and anticipation for Polygon’s future projects. One user proclaimed themselves a “MATIC Fanatic,” while another hoped to see the solution integrated with @SynFuturesDefi in the near future. 

Yet another wondered if Polygon would be involved in AI projects down the line. The community seems impressed with its vision and range of offerings, with some even expressing amazement at the company’s ability to innovate continually. Several users also desired to see it integrated with AI projects soon.

Related Reading | 400M XRP Released By Ripple As Monthly Escrow Process 

Shiba Inu’s Shibarium Invites Developers To Join The Decentralization Movement

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Shiba Inu’s creator, Shytoshi Kusama, has recently invited developers to join the Shibarium project, a Layer-2 (L2) blockchain that can support peer-to-peer transactions and digital product building. 

In a recent blog post, Kusama urged the Shiba Inu community to embrace decentralization as the way forward to fight against the shadowy feline entities that maintain the status quo.

Shiba Inu’s Shibarium: The First Step to a Global Movement

Kusama emphasizes that Shibarium is more than just a tool to empower Shiba Army to utilize digital assets, tokens, and NFTs or gain access to digital places like the Metaverse. 

Instead, Shibarium encourages closed-community product loops, enabling the launch of Shiba-branded, community-originated, physical products with greater utility. 

It also allows the exercise of product loyalty by choosing quality-equivalent Shiba-oriented goods and creating unique community-powered platforms. 

The only centralized aspect of Shibarium is a core system that allows for actual trust and a series of validators and delegators that keep the system decentralized and operational.

Kusama stated that Shibarium is a multi-faceted approach that requires the community to identify multiple values and understandings. 

Among these are burning Shib on every Shibarium project to build a global ecosystem, protecting each legitimate Shibarium project, donating to a global network of non-profit organizations, and prioritizing the growth of Shibarium projects.

Shiba Inu has already gained a large following on social media platforms such as Twitter and Reddit. However, there have been concerns that Shiba Inu’s rise is due to the hype created by its use of Elon Musk’s name and the lack of a clear roadmap. 

As per the blog post, the Shibarium project aims to address these concerns by providing developers with an opportunity to embrace decentralization and contribute to the creation of a better world.

Shibarium’s Decentralization Approach

Shibarium’s decentralized approach aims to empower individuals and communities to take control of their lives and create a better world. It represents a significant shift away from the greed of capitalism to a healthier, hybridized approach, where people can still profit from their hard work and expertise. 

According to the blog post, the community can burn Shib on every Shibarium project, donate to a global network of non-profit organizations, and prioritize the growth of Shibarium projects to make this vision a reality.

Related Reading | OKB Coin Rallies 17% As OKX Unveils Plan To Launch Independent OKBChain Blockchain

The 4 Best Metaverse Crypto Coins To Buy In 2023

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When Facebook’s holding company rebranded as Meta in autumn 2021, it gave a clear indication of Mark Zuckerberg’s vision of the future: a digital world made up of virtual reality (VR) and augmented reality (AR) apps. Cryptocurrencies are an integral part of this futuristic vision, but exactly what is metaverse crypto, and what are the 4 best metaverse crypto coins to buy in 2023? Read on for the answers. 

Best Metaverse Crypto Coins for 2023

1. Metacade (MCADE) for P2E and GameFi

2. Decentraland (MANA) for Artists

3. Sandbox (SAND) for Virtual Gamers

4. Axie Infinity (AXS) for Pokémon-style Games

1. Metacade: Best Metaverse Crypto for P2E and GameFi

The metaverse opens up all sorts of new possibilities for people to work, socialize and play. With Metacade (MCADE), those 3 areas start to merge and overlap in ways that were once unimaginable. Blockchain gamers can have fun, all while earning money in Metacade (MCADE)’s fantastic range of classic arcade and advanced metaverse games. It’s possible through Metacade (MCADE)’s Play2Earn, Compete2Earn, Create2Earn and Work2Earn functionality.

Metacade (MCADE) is currently racing through its presale, with investors drawn in by the company’s appeal to all sides of the P2E and GameFi industry. Developers can interact directly with players and use those relationships for testing, development, and direct feedback about new titles released in the Metacade arcade. Meanwhile, gamers who are also crypto enthusiasts can invest in Metacade and then stake their tokens to earn a passive income.

The Metacade (MCADE) roadmap outlines the company’s visionary plans for the future. This includes a commitment to becoming a DAO, giving members governance rights, rewards and influence on future game development. Metacade (MCADE)’s vision also includes Metagrants, a smart initiative that provides funding for the building of new games on the platform. With such vision, it’s easy to see the company as the ultimate Web3 community hub for P2E and GameFi.

It makes sense that the Metacade economy – or ecosystem – is underpinned by a currency (MCADE) that allows members to earn tokens while playing, stake tokens to enter tournaments, and even trade tokens for merchandise on the platform. These capabilities explain what metaverse crypto is and what it does, and underline why it has such an important role both within the game and in the real world. It’s the key to getting the most from working, playing and socializing in the virtual world.

The Metacade presale is proving extremely popular with investors, and in a few short weeks, it’s raised over $3.3 million. There’s still time to buy in at the low price of $0.012. But that price won’t be around for much longer – demand is high, and some industry experts are already speculating on the possibility of 100x gains in 2023.

>>> You can participate in the Metacade presale here <<<

2. Decentraland (MANA): Best Metaverse Crypto for Artists

While the other companies on this list of best metaverse crypto coins all focus primarily on gaming and games, Decentraland (MANA) takes a slightly different approach with its virtual world. Sure, there is a gaming and P2E element present, but in some respects, Decentraland (MANA) is more like a shopping mall, concert venue or real estate company than a games arcade. That’s reflected in two significant ways that you can earn money with this platform.

First, artists, fashion designers and musicians can use Decentraland (MANA) to create, market and sell their content. Artists can create real or virtual works of art, fashion designers can showcase collections for real people or in-game avatars, and musicians can organize virtual concerts to promote a new tour or album. In all of these examples, content can be minted into NFTs that can be bought and traded.

The other way to make money is via virtual real estate development. Developers in the real world can either buy an existing business and location and carry on running it. Or they can purchase a vacant parcel of land, build on it, and make money from renting it out, or from selling on the development. Real estate development in the virtual Decentraland metaverse is no different, and it’s a good example of what metaverse crypto is capable of delivering.

Decentraland (MANA) has the advantage that it’s been around for a long time compared to other metaverses and already has products ready to go. It also benefits from being a DAO, meaning it’s owned, managed and governed by its users. Although daily active user numbers have remained relatively low, there’s a good chance that this will change in 2023, as more people wake up to the entertainment, fun and revenue potential in the metaverse.

3. SANDBOX (SAND): Best Metaverse Crypto for Virtual Gamers

It may sound obvious to say it, but different metaverses offer different experiences and are targeted at different segments. Some virtual worlds are strong on NFTs and content creation. Some are more geared toward a specific area of interest like travel, fashion or art. Others focus on the financial and crypto sides of GameFi. That diversity means it’s not always easy to define exactly what a metaverse crypto is … unless you are talking about Sandbox (SAND).

Sandbox (SAND) is aimed first and foremost at virtual gamers. That should come as no surprise, as the company can trace its origins back to a mobile phone game before it took the leap into virtual reality. Although its primary focus is on gaming, it has to be said that Sandbox (SAND) is also attractive to a myriad of crypto investors, developers and retail brands. However, some analysts wonder if the company has too narrow a focus and requires too much investment.

As well as P2E games, players can buy a piece of digital real estate called LAND in the Sandbox (SAND) metaverse, allowing them to build, customize and make money from their own virtual creations. VoxEdit allows them to create 3D models and NFT which can then be sold on the Sandbox Marketplace. Similarly, the Sandbox Game lets users create 3D games that can be sold for profit. In time, users will also be able to make money from renting out their LAND. 

Sandbox (SAND) makes the cut as one of the best metaverse crypto projects because it never stands still. The company continues to announce new games, new partnerships, and new retail brands on its platform. As more people wake up to the fun and earning potential of metaverse games, and as Web3 technology makes the impossible possible, Sandbox (SAND) looks set to prosper.

4. Axie Infinity (AXS): Best Metaverse Crypto for Pokémon-style games

Surely no one could have predicted that Japanese trading cards and battling games would become such a worldwide phenomenon. Some 25-plus years after their launch, Pokémon and Tamagotchi remain huge favorites, and that helps to explain the success of Axie Infinity (AXS). Inspired by its Japanese cousins, Axie Infinity allows players to buy, create, nurture, trade and compete in the metaverse with digital pets called Axies.

But how can players make money with these virtual creatures? Once you understand what metaverse crypto is and how it works, the potential of Axies starts to become clearer. With Axie Infinity (AXS), players can battle to earn SLP (smooth love potion) tokens, which can then be used in association with AXS tokens to create new NFTs. So in fact, Axies are essentially NFTs that can ultimately be traded or rented out to earn money in the real world. 

There’s a lot to admire about Axie Infinity (AXS), and that’s why it makes it onto this list of best metaverse crypto coins for 2023. Top players can genuinely make a living out of doing what they love. The games and battles are terrific fun, and extremely popular. Gamers can earn passive income by lending out their Axies to other gamers, and then receive a share of any earnings made. And holders of AXS tokens enjoy governance rights.

Are there any downsides? It goes without saying that as with any investment, there are potential risks. Axie Infinity (AXS) suffered a massive $620m hack in summer 2022, damaging the company’s reputation, standing and value. Also, if you’re serious about making a living from Axie Infinity (AXS)’s P2E functionally, you will have to invest significant time, resources and money. But if you’re having fun, perhaps that isn’t too much of an issue.

Best Metaverse Crypto Coins for 2023: The Overall Verdict

There’s no doubt that all of the 4 companies listed here – Metacade (MCADE), Decentraland (MANA), Sandbox (SAND) and Axie Infinity (AXS) – stand to benefit from the increasing demand for metaverse games. But which is the best metaverse crypto coin to buy in 2023? That’s a really tough question because each contender has an incredible amount going for it.

In the end, though, Metacade clinches the top spot because of its unrivaled selection of games, its industry-wide focus, its forward-looking vision, and its cracking presale price. Get in now at the best price whilst you still can.

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You can participate in the Metacade presale here.

The Shiba Inu’s Shibarium Beta Launch: Team Clarifies Purpose of Layer 2 Network

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The Shiba Inu (SHIB) team today announced the upcoming Beta launch of its Layer 2 Network, Shibarium, providing an overview of its fundamental concepts to the community.

The team clarified that Shibarium, their Layer 2 blockchain Shiba Inu, is not being developed as a price-pumping tool but instead to fulfill the project’s “vision and provide the community with a tool to build and grow the project on their own terms.”

They also highlighted that with the imminent launch of the network, they are encouraging the community to familiarize themselves with the concepts before testing. 

According to the announcement post, Shibarium is set to revolutionize the crypto space and the Shiba Inu Ecosystem. The benefits of using a Layer 2 blockchain include faster transaction times, lower fees, and an expanded development framework.

Shibarium’s protocols are versatile and can be applied across various sectors, including the Metaverse, Web3 innovation, and gaming, due to the shared limitations of scalability and performance faced by current blockchain networks.

Shiba Inu’s Layer 2 Allows “off-chain” Transactions

The high cost of gas in the ERC network during the summer of 2021 made using cryptocurrencies or NFTs for everyday transactions unfeasible.

Shibarium’s Layer 2 blockchain removes this barrier by allowing transactions to occur “off-chain,” meaning transactions occur outside of the Layer 1 blockchain and are communicated back. 

Layer 2 blockchain technology operates above existing blockchain networks, enabling faster, more affordable, and private transactions to be executed off-chain while still maintaining the security of the underlying blockchain. 

This can decrease the burden on the blockchain network and enhance the user experience for virtual reality and gaming applications.

The post also highlighted that BONE was already chosen token for gas transactions and rewarding validators and delegators in the Layer 2 protocol:

With a total supply of 250 million, of which 20 million have been reserved to reward Validators and Delegators in the coming years and voted in by the Shiba community through our DAO process.

Shiba Inu (SHIB) On Rise

After the announcement, the value of SHIB increases. According to coinmarketcap, the token is currently valued at $0.00001039. Both the daily and weekly charts indicate a positive trend, with gains of about 4.88% and 18.51%. Additionally, the token’s trading volume has also increased by 6% in the past 24 hours.

Source: Tradingview

The token experienced exceptional growth in 2021, but like many other cryptocurrencies, it faced bearish market conditions in 2022. While some analysts were surprised by the token’s meteoric rise, others predict that it may reach its previous high of $0.00048 in the current year.

Related Reading | Ex-FTX President’s New Firm to Receive Investment From Anthony Scaramucci 

Metaverse Will Continue to Sway Consumers’ Minds Despite Turbulent Market Conditions

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The Metaverse and its potential value continue to sway consumers’ minds despite turbulent market conditions over the last year. Based on recent research, in 2023, “43% will use virtual reality to inspire their choices.”

A survey report named “Travel Predictions 2023” by the well-known online travel operator Booking.com was published, and it included views from 24,179 people in 32 different nations and territories. Adults who intend to travel for work or pleasure in the upcoming 12 to 24 months were selected for the research.

Even while the globe isn’t quite ready to accept travel in the style of science fiction films yet, it gives tourists a preview of what they may expect to see. By seeing it digitally first, 43% of people will use virtual reality to inform their decisions, and 46% of people are more inclined to travel than they otherwise would have been.

However, the report also found that over 35% of those polled said they would participate in a multi-day AR or VR travel experience, indicating that some people are eager to spend many days in the Metaverse.

As haptic feedback technology advances, virtual travelers will soon be able to feel the sand between their toes and the sun on their skin without even having to step outside.

While on the other hand, 60% of travelers feel that traveling virtually isn’t as satisfying as going there personally. So, for the most part, their estimates for travel in 2023 don’t involve people switching from sunglasses to VR goggles.

93% of Adult Consumers Are Metaverse-Curious

Data from another survey by Capgemini, a business and technology strategy advisor, shows that just 4% of their survey respondents are tech enthusiasts who now have the most interest in the Metaverse.

“Metaverse-experienced consumers” is what they refer to as this 4% of their sample population. But this limited acceptance does not imply a lack of customer interest or attention.

The report stated that “93% of adult consumers surveyed are metaverse-curious.” They fall into three groups,  the first (51% of the survey population), who would utilize the Metaverse once it is available to them.

Source: Capgemini

Second, 31% of poll respondents said they would use it once their friends and relatives did. Third, 11% of respondents said they would utilize it, but not in its current form.

Additionally, customers from countries like Canada, South Korea, and Japan are more likely to have used the Metaverse than those from countries like Spain, the UK, and the Netherlands.

Source: Capgemini

Related Reading | U.S. FSO Council Recommends Crypto Legislation To Address Regulatory Gaps: Report

Team Shiba Inu Showcase A “Spectacular” Metaverse Hub: Details

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Shiba Inu team’s initial idea of presenting a new hub called Ryo Plaza did not go as planned, the official handle said via Twitter. However, it offered users the WAGMI Temple hub in a unique way. And the response was “Spectacular”.

Thank you for attending the Holiday Fireside with us! The feedback that has been coming in is just spectacular! While we weren’t able to showcase Ryo Plaza, we did want to travel back to WAGMI Temple and give everyone a first look at the Hub within the world! Happy Holidays!

The SHIB team made up for the lack of Ryo Plaza by offering the WAGMI Temple hub through Unreal Engine 5.1. The post was accompanied by screenshots of WAGMI Temple, a hub that was already introduced earlier this year in the form of concept art.

The SHIB team further thanked the community for attending the Holiday Edition Fireside Chat online.

Unreal Engine, a 3D computer graphics gaming engine, was built by Epic Games. Virtual landscapes for video games now appear even more vivid and vibrant thanks to Unreal Engine 5.1.

Earlier this week, the SHIB Metaverse Twitter account made a giveaway announcement for the occasion. One lucky winner would receive a digital parcel of land from The Metaverse Silver Fur. Silver Fur is one of the four land plots that make up the metaverse’s four tiers.

With 2,024 virtual land plots, Tier 1 category is referred to as Diamond Teeth. Platinum Paw and Gold Tail, with 5,714 and 7,356 land plots, respectively, make up Tiers 2 and 3. With 17,030 land plots, Silver Fur is the tier with the most land.

That being said, the leading memecoin has recently tapped a new milestone in terms of users as the army of Shiba Inu owners grows. The quantity of token holders has dramatically increased during the last two days.

Shiba Inu Scores New Milestone

According to information provided by WhaleStats wallet tracking service, the number of Shiba Inu users has climbed dramatically over the last two days increasing by over 2k.

This number was 1,256,965 on December 6 with 800 additional users joining in a span of 24 hours. Despite the crypto winter that began in February of this year, a whopping 250,000 new SHIB members joined in total.


Sandbox and Binance.US join forces to trade

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In order to facilitate trading, Binance will list Sandbox (SAND), the exchange declared today. According to Binance, deposits for SAND are now open in anticipation of trading in SAND/USD and SAND/USDT. When trading goes live tomorrow, withdrawals will be permitted.

In the virtual world known as The Sandbox, users can create, control, and make money from their gaming activities using non-fungible tokens (NFTs) and SAND, the platform’s utility token. According to Binance, The Sandbox features its own metaverse where users can develop, share, and monetize their assets and game experiences.

SAND can also be used to buy digital property within its ecosystem. SAND is currently trading at $0.8451 and has a $1,267,745,533 market cap. With the most recent announcement of it being added to the Binance exchange, the coin will probably experience a decent increase. One of the largest cryptocurrency exchange platforms on the planet is Binance.

Sandbox reaches heights with DBS bank

In September, the massive banking conglomerate DBS of Singapore declared a partnership with The Sandbox, a metaverse platform. The joint venture intends to create new virtual world services for DBS customers. The bank will buy a three-by-three-foot patch of land to create DBS BetterWorld, an exclusive metaverse property. DBS BetterWorld will highlight the significance of creating a more improved and sustainable planet.

Sebastien Borge, the co-founder of The Sandbox, welcomed DBS to the metaverse and to their collaboration in building a SingaporeVerse. The SingaporeVerse is an effort to introduce Singaporean culture to the metaverse. It will be a neighborhood that adheres to the Singaporean way of life while being interesting, equitable, and inclusive.

In July, The Sandbox saw a significant growth spurt. With the successful migration of its smart contract to Layer 2 of Polygon’s network, both LAND and SAND are now entirely supported. Its price did increase as soon as that news broke, and it might do so again in the days to come.