Shiba Inu Announces Metaverse, Dogecoin’s Billy Markus Not Happy About It

Shiba Inu Announces Metaverse, Dogecoin’s Billy Markus Not Happy About It

The creators behind the second most talked about memecoin SHIB have announced their metaverse initiative. However, the creator of the original altcoin DOGE is skeptical about where this is going.

According to the official blog post, the initiative named Shib: The Metaverse will feature a SHIB-based ecosystem, with tokens such as $BONE and $LEASH also included in the metaverse. With that being said, the Shiba Inu team will allow in-game purchases only in ETH, because using the ecosystem's tokens, according to the post, would put the coin at risk.

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The virtual world of SHIB will have 100,595 land plots, with 36,431 of them ready at launch, and 4,307 pieces of land reserved as HUBS. They will be separated into 4 districts - Growth, Technology, Defense, and Currencies. The lands will be sold in four tiers - from Silver to Diamond, prices ranging from 0.2 ETH to 1 ETH.

While most holders of SHIB were excited about the new initiative, the originator of memecoins and creator of DOGE Billy Markus slammed the metaverse project. On his Twitter, he questioned the intentions of the project, asking in what way does "a random metaverse and selling fake land with Ehtereum" help it become sustainable.

Moments later, Markus responded to those who called him "salty", because Shiba was gaining success. He acknowledged it because he only made "like 3 grand" from an 80 billion market of his creation, on which he could have easily capitalized, but didn’t want to be part of a group of "scammers and shady people who make millions".

This isn’t the first time that the creator of Dogecoin lashed out against other creators of memecoins. Back in February, Billy Markus criticized people who tried to "pump" their tokens by spamming their projects to prominent figures in the crypto industry like Elon Musk and Mark Cuban.

Dom Z. - Crypto Analyst

by Dom Z. - Crypto Analyst, BitDegree


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