Shiba Inu’s (SHIB) ecosystem developers have finally opened early access to the much-awaited SHIB: The Metaverse.

It comes after the team re-scheduled the launch from December 2023 to 2024/2025 due to unforeseen circumstances.

Understanding SHIB: The Metaverse

The new platform aims to transform the Shiba Inu ecosystem with community-centered developments and immersive experiences.

Meanwhile, the metaverse project represents a crucial milestone in blockchain evolution.

It allows participants to interact with a dynamic environment on the L2 platform Shibarium.

Moreover, SHIB: The Metaverse provides personalized avatars, interactive experiences, and virtual land ownership.

Lastly, the immersive experience aims to transform how users connect and build communities within the digital space, linking physical and digital realms.

The announcement indicated:

Within this world, digital land ownership becomes a tangible canvas for creativity, customizable avatars offer new and expressive forms of self-representation, and interactive experiences blur the lines between physical and virtual realms.

In that context, the metaverse platform features over 100,500 land plots in four varying tiers.

Meanwhile, plots cost between 1 ETH and 0.2 ETH, and players can mine land as non-fungible tokens.

SHIB: The Metaverse – launching progress

Developers slated the project’s early access for December 2023. The team promised to (partially) open some hubs for public testing.

Nevertheless, unpredictable circumstances led to delays, forcing the developers to re-schedule it for 2024/2025.

The team took the timeframe to make substantial steps, including introducing more than ten hubs.

Also, they selected entertainment expert Marcie Jastrow to help with the Metaverse project as an advisor.

Meanwhile, developers haven’t communicated the timeline for SHIB: The Metaverse’s complete launch despite the initial access.

“Innovation inspired by industry pioneers”

Shiba Inu developers drew inspiration from industry giants like Netflix and Apple. The team stated:

In the late 1990s, Netflix dared to challenge the dominance of traditional video rental stores, first by embracing the then-unconventional DVD-by-mail model and later by making the audacious leap to streaming.

Also, Apple faced criticism following its decision to venture into mobile phones in 2007.

Nevertheless, their transformative apps and sleek design triggered a revolution that changed how users interact and communicate.

SHIB price outlook

The dog-themed digital coin traded at $0.0002216, exhibiting bearishness after losing 4% of its value in the past 24 hours.

(Click on image to enlarge)

Chart by Coinmarketcap.

Shiba Inu’s outlook reflects broad market sentiments.

Digital assets witness notable selling pressures, with the global cryptocurrency market cap down 1.10% in the past day to $3.39 trillion.

In summary, SHIB: The Metaverse represents a vital milestone for the Shiba Inu ecosystem.

Besides being a mere digital world, the platform is a massive experiment in virtual ownership.

Moreover, the metaverse ecosystem positions SHIB for increased use cases, pivoting from its meme origins.

That could translate to stable price actions for the meme token.

According to the team, SHIB: The Metaverse,

Carries the potential to not only transform the Shiba Inu ecosystem but also to reshape the broader landscape of the metaverse itself.

More By This Author: