Shiba Inu: Not LEASH, but this Altcoin will be used to buy plots on Shiberse

Sahana Kiran
Shiba Inu
Source – Unsplash

Shiba Inu [SHIB] decided to veer into the metaverse with Shiberse. Through its very own metaverse, the network arranged to put up lands for sale. With this underway, it was revealed that LEASH holders would be given priority when it came to purchasing land. While the community expected LEASH to be the primary asset for plot purchases, the network suggested otherwise.

Shib Informer recently tweeted that people would have to spend Ethereum [ETH] instead of LEASH to buy land. Those interested in purchasing plots on the Shiba Inu metaverse, on the other hand, would need to carry LEASH in their wallet in order to gain priority access. Furthermore, to move this forward, users would need to lock their respective LEASH in a contract.

This decision was reportedly taken to avoid any case of pump and dump of the token. Shib Informer further added,

“Why ETH you say? We want to avoid pump and dumps of our tokens like it happened with LEASH and SHIBOSHIS last year.”

Furthermore, Shiberse would have approximately 99,000 pieces of land. However, only 35,000 plots will be distributed at the start.

Shiba Inu bags another partnership amidst a double-digit drop

Shiba Inu [SHIB] has experienced nothing but progress in recent months. From bagging partnerships to reaching all ends of the world, the Shib Army has been working to keep the altcoin relevant. Despite its origins as a meme, the asset has grown to become one of the most popular cryptocurrencies. In a similar attempt, the network bagged a partnership with a prominent banking platform, Vivid Money.

MILKSHAKE, a member of the Shib Army took the initiative of reaching out to Vivid Money. Following discussions and meetings, Vivid Money affirmed that they would support Shiba Inu.

At present, Vivid Money entails more than 50 cryptocurrencies. Users of the mobile banking platform can also invest in stocks, ETFs as well as precious metals on the application. Alexander Emeshev, the co-founder of the platform further informed that SHIB would be integrated in the coming days.

Meanwhile, the altcoin was trading at $0.00002187, down 13.02 percent in the previous 24 hours. This was true for the entire market because all assets were bleeding. The drop in its price did not prevent it from gaining popularity.