• announces virtual real estate properties under the label ‘Shiba Lands’.
• The new venture is part of Shiba Inu’s project for its metaverse Shiberse.
• LEASH coins holders get priority access to the first phase or queue of the land sales.

In an attempt to enter the metaverse in 2022, the meme coin Shiba Inu has unfurled its virtual real estate ‘Shiba Lands’. This new realm will soon be open for public sale or purchase.

SHIB token owners can now own a piece of the Shiberse universe in this venture. The meme coin is yet to prove the benefits of owning the metaverse lands. According to the project, people who own land in Shiba Real Estate will reap a number of benefits.

Watcher Guru, an online media that covers crypto news reports, tweeted Shiba Inu that she will soon announce the purchase period for virtual real property.

JUST IN: Shiba Inu announced that virtual real estate (Shiba Lands), will soon be available for purchase/actuation, with $SHIB set to enter Metaverse in 2022.

— Watcher.Guru (@WatcherGuru) February 8, 2022

A queue system will be created by the Shiberse ecosystem to allow land releases. It is designed to prevent gas fees from being too high, like what happened with Shiboshi NFT launches 2021. This queue system will allow customers to make their purchases more quickly and fair.

LEASH coins holders will have priority access to the queue during the first land release period. The public will have access to the queue after that.

Shiba Inu stated on its blog ShibaSwap

This queue allows exclusivity by requiring interested parties to hold “$LEASH“, which gives priority and exclusive access to this first selling phase of the land plots in our Metaverse. To protect $LEASH owners, we have developed an antidumping system. Once the sale is complete, remaining lands are unlocked and will be made public.

The Shiba Land properties are being auctioned in the beginning. Users can place bids on their property and/or location as soon as the auction date is announced.

Decentraland, Gala Games and Sandbox were the first virtual platforms to establish their place in the metaverse. Shiberse now marks its progress in the metaverse, which encourages more competition from other meta platforms.

Investors who see the potential of Shiba Inu’s development have given it wide notice, despite the fact that it is the newest entry into the metaverse.

Continue reading on CoinQuora