Shiba Inu Launches a Stablecoin and Card Game in the Metaverse!

According to a recent blog post, developer Shytoshi Kusama stated that "independent developers" were avoiding the questions in the shoot last month. He also announced the production of a decentralized stablecoin called SHI. The blog post explained that the team will share more information as SHI approaches its final form. It is also stated that it plans to launch later in 2022.

The Shiba Inus Metaverse's upcoming reward token, TREAT, will be linked to the Shiba Collectible Card Game. The blog post does not explain how this will work. The developers are reserving a "limited supply" of TREAT for longtime supporters of the project. SHIB was launched in August 2020. It also later launched ShibaSwap, a decentralized exchange, and ecosystem tokens BONE and LEASH. As part of the plan, developers are working on the ecosystem's own layer 2 protocol called Shibarium, which will support native application distribution and development, including a gas token called BONE. The team is building a separate Metaverse project with 100,000 plots as virtual real estate. According to the blog post, the Shiba Inu Collectible Card game in development will be based on Shiba's Metaverse. According to Kusama, the project has been successful in bringing together "a number of new developers we met over the last year to help us with UX/UI and redesign our web portals to complete this project. As of now, everything is going well. We are also moving as fast as we can to finalize the components into our ecosystem." Shiba Inu's SHIB token did not experience any price change following the news. However, it increased by almost 50 percent in one week in June amid speculation about the Shibarium protocol. ShibaSwap's BONE token has increased by 6 percent and LEASH by 5 percent in the last 24 hours. With a market capitalization of over $5.7 billion, Shiba Inu is currently the 14th largest cryptocurrency in the world.   Source: nfxhaber.com