Wednesday, June 19, 2024
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SHIB AMA Summary: Official SHIB Burning Portal, 99,000 Plots of Shiba Metaverse Land Are Set To Launch

In the Ask Me Anything (AMA) Session hosted by, lots of notable updates and future developments were disclosed by the Shib team.

The AMA was live on Twitter and attended by a number of Shiba Inu diehard community members, such as Shiba Inu lead developer Shytoshi Kusama, prominent game developer William Volk, among others.

In the course of the AMA, the Shiba Inu team disclosed that a burn portal where SHIB circulating supply will be drastically reduced is underway. The burn is expected to be featured in the upcoming ShibaSwap 2.0.

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The SHIB team noted:

“We want to make the burn rate grow with the utilization rate of the platform. So if you think about it, this is kind of a new utility. It’s about getting the supply slowly reduced as you use the platform.”

Updates on Shiba Metaverse Land Sale and Shiba Inu Game

The SHIB team also revealed their plan to launch 99,000 plots of Shiba metaverse, Shiberse, land. It’s said to be featuring several real estate properties.

According to the team, phase 1 will launch a total of 35,000 pieces of land for LEASH holders, while the rest will be released for everyone subsequently. The cost of the metaverse landed properties will be determined by how close they are to the dog park. The maximum a wallet can buy is 100 plots with a 10 by 10 land.

It’s worth noting that Shiboshis will get 2000 lands that will be reserved exclusively for Shiba Inu non-fungible token (NFT) holders.

Read Also: Floor Price Of Shiba Inu NFT (Shiboshi) Spikes Following Launch of DoggyDao

In relation to Shiba Inu game, the prominent game developer William Volk, during the AMA, stated that the upcoming Shiba Inu game will be different from the usual card games.

William Volk noted:


”I want to make it clear this is not just a clone of an existing game. Collectible card games are really kind of unique. Something that is very interesting about it is that it has a very sustainable economy. It includes both the mobile and blockchain game,” Volk added. 

The community is also kept abreast of an unforgettable and important announcement expected to come subsequently.

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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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