AUSTIN, Texas--(BUSINESS WIRE)--Shiba Inu, one of the world’s most popular cryptocurrencies renowned for its passionate community, the strong #ShibArmy, is continuing its evolution from meme to movement. It has announced that SHIB The Metaverse will be built on top of Shibarium, Shiba Inu’s highly anticipated Ethereum Layer 2 (L2) blockchain.
The Alpha Preview version of SHIB The Metaverse, will be on full display at this year's SXSW from March 13-15. The new Web3 world is a bold next step for the Shiba Inu ecosystem whose token is consistently ranked in the Top 15 of all cryptocurrencies by market cap, thanks to its commitment to fully decentralized financial freedom inspiring its legions of supporters.
“Everything Shiba Inu does sets a new standard,” says Shiba Inu’s Lead Developer, who goes by Shytoshi Kusama. “SHIB The Metaverse will be no different. This incredible metaverse experience will allow anyone from any walk of life to explore, create, discover, trade, sell items, buy items, and live in a new world that rewards their participation with tons of opportunities and experiences. Now add that to the Shiba Inu token ecosystem, the new Shibarium blockchain, and the best community on the planet: ShibArmy! This level of quality can only be accomplished by tapping the incredible minds and technology of our community and contributors."
Sherri Cuono, Metaverse Advisor, adds, "By leveraging advanced cryptographic techniques, off-chain computation and storage, and other innovative solutions, Shibarium can provide a wide range of technical benefits, including increased throughput, reduced latency, lower fees, improved privacy and security, and greater flexibility and interoperability. These benefits can help to drive the next wave of blockchain and SHIB The Metaverse innovation, unlocking new possibilities for decentralized transactions, gaming, social media, and other emerging use cases.”
Meanwhile, excitement is building for the SXSW exclusive Alpha preview version which will give viewers a glimpse of what is possible in the WAGMI Hub, the first of 11 HUBs in SHIB The Metaverse.
With Shibarium at the core, SHIB The Metaverse is focused on unifying the metaverse landscape, which is currently spread across multiple worlds that are mostly isolated from each other. SHIB The Metaverse plans to empower everyday users to build digital businesses, bring In Real Life (IRL) businesses to the Metaverse, or build structures, homes, and even DeFi platforms inside. These next-gen capabilities will also extend to gaming, with studios worldwide invited to develop in SHIB The Metaverse, leveraging the powerful Shibarium blockchain so people can create, play, and engage with innovative new games.
With its unwavering commitment to decentralization, personal financial freedom, and community, the Shiba Inu token ecosystem embraces an even larger movement with its epic convergence of SHIB The Metaverse, and Shibarium.
SHIB The Metaverse can be experienced at this year’s SXSW Immersive XR Booth #701 Fairmount Austin, Congressional Ballroom A. The VR/AR experience showcase is open to all badge holders at SXSW 2023, taking place March 13-15, 2022 in Austin, Texas.
About Shib:
SHIB is home to the Shiba Inu Ecosystem, an interconnected family of digital assets and solutions built on the Ethereum blockchain. Its tokens include $SHIB, $LEASH, and $BONE, plus native SHIBOSHIs NFTs. SHIB's ecosystem works closely with other projects including SHIB The Metaverse and the ShibaSwap DEX. SHIB, a world-leading decentralized finance (DeFi) cryptocurrency, has gained popularity among millions of holders worldwide. It has 3.6 million Twitter followers and is frequently ranked as the third most searched project by Google. The Shibarium Layer 2 blockchain provides increased scalability, security and innovation.
To learn more about SHIB The Metaverse visit https://www.shib.io.
To learn more about SHIB, please visit the official website: https://shibatoken.com/.
To learn more about or join the beta for Shibarium Technology https://www.shibariumtech.com.
About SXSW:
SXSW dedicates itself to helping creative people achieve their goals. Founded in 1987 in Austin, Texas, SXSW is best known for its conferences and festivals that celebrate the convergence of tech, film and television, music, education, and culture. An essential destination for global professionals, the annual March event features sessions, music, and comedy showcases, film & TV screenings, exhibitions, professional development, and a variety of networking opportunities. SXSW proves that the most unexpected discoveries happen when diverse topics and people come together. SXSW 2023 will take place March 10 - 19, 2023 in Austin. For more information, please visit https://www.sxsw.com/.