Shibaverse (VERSE) is a community-oriented metaverse seeking to create a virtual world on the blockchain. The metaverse plans to bring interactive social features, digital real estate, virtual academies, NFT markets, freelance jobs, play-to-earn games, and many more together on a single decentralized platform.
Shibacity is the capital of the Shibaverse. There are districts such as Shibarium, an underwater district, Shibaswap, and Shibanet in the capital city, representing products and features of the native Shiba Inu ecosystem. The districts are created with a vision to spark some interest within the Shiba Inu community. Besides providing the community with a contemporary virtual environment, the metaverse also aims to benefit all present and future Shiba Inu token holders with financial rewards, opportunities, and good entertainment.
As its website describes, teenagers participate in blockchain games for better earnings. Shibaverse wishes to educate the young and provide mentorship while encouraging users to play better and earn more. Shibaverse features NFT assets across the metaverse. The metaverse enables users to acquire Shiba Inu NFTs to participate in various community events and game challenges within Shibaverse. Users can take up payable jobs to support and develop the metaverse using the NFTs. Each Shiba balloon dog or NFT is unique in features, strength, appearance, and skills. The living Shiba Inu NFTs can be utilized in games and competitions.
Shibaverse features real estate, including apartments, houses, buildings, and pieces of land. Although blockchain NFTs, the metaverse allows users to trade real estate securely for a high market value. There are NFT shops and galleries within the metaverse too. Users can put their art for trade in the NFT marketplace and earn revenues.
The primary utility token of Shibaverse is VERSE. The cryptocurrency is an ERC-20 token operating on the Ethereum mainnet. VERSE is quintessential for users to purchase real estate, Shibas, and other NFTs within the metaverse. The token empowers users to participate in play-to-earn games. In this game, players can gather extra tokens or VERSE as rewards for performing well and winning challenges. The metaverse intends to reward the community for staking the VERSE tokens. More staking wins users more rewards. Users also need VERSE to mint more balloon dog NFTs with upgraded skills and traits. The project envisions Shibaverse to become more community-driven in the times to come. Hence, VERSE provides voting powers to holders in the community.