Shiba Inu's land bid event ready to take off this weekend: details SHIBOSHI $LEASH ShibArmy, SHIBCommunity SHIB
The plots of land will be unlocked in phases. During the introductory phase, the team will unlock 36,431 plots, which will be divided into four tiers . Prices range from 0.2 ETH to 1 ETH depending on the tier as the team stated it wanted to pick a neutral token for pricing.
Further explaining the details of the land sale in SHIB: The Metaverse, the project states there will be three stages. The first stage, which is the bid event, marks the start of engagement with the first stage of phase release for SHIB: The Metaverse and its land sales. The bid event is expected to last for three days, or 72 hours from inception, and is the earliest access to some plots of land. Ahead of the three-day event, participants are expected to lock their LEASH or their Shiboshi NFTs, while all bids will be made using Ethereum.
The second and third stages refer to the holder event and public sale for those who could not get early access. The holder event is expected to last for seven days and begins immediately after the bid event ends. The last stage of the public sale is slated to happen after the first two stages and participants will be able to purchase the remaining available lands on the map, at a fixed price, and without needing to lock any SHIB ecosystem assets., Shibarium, the Layer 2 in which SHIB: The Metaverse will be developed, and SHI, the Shiba ecosystem is currently in development. Shibarium is reportedly in the Alpha phase and may soon be shifting into the Beta phase.
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