Shiba Inu Launches Another Opportunity for Investors to Purchase Land in SHIB: The Metaverse

Following the successful conclusion of the first Shiba Inu virtual reality land sale event in SHIB: The Metaverse, the project's Devs have announced the start of the second stage, dubbed the Holder Event.

The Bid Event, which began in the early hours of April 13 and lasted 72 hours, eventually came to a close today, as promised in SHIB: The Metaverse's official statement.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr"><a href=";ref_src=twsrc%5Etfw">#ShibArmy</a> — Woof that was exciting!! 🐶<br><br>Thank you for participating on the BID EVENT! We are now introducing our next stage, the HOLDER EVENT with Fixed Prices! ⛰<br><br>As a reminder, please acknowledge that you will need to have <a href=";src=ctag&amp;ref_src=twsrc%5Etfw">$LEASH</a> or a <a href=";ref_src=twsrc%5Etfw">#SHIBOSHI</a> locked for early access. <a href=""></a></p>&mdash; Shib (@Shibtoken) <a href="">April 16, 2022</a></blockquote> <script async src="" charset="utf-8"></script>

Information on the Holder Event


The remaining plots of land that were not acquired in the Bid Event will be made accessible to holders of $LEASH and Shiboshi who missed out on the three-day virtual land auction exercise, according to the announcement.

Unlike the Bid Event, which lasted 72 hours, the Holder Event is expected to span seven days and begin immediately following the first early phase.

Only investors who have locked their $Leash and Shiboshi assets in the locker programs will be able to attend the Holder Event.

“As a reminder, please [note] that you will need to have $LEASH or #SHIBOSHI locked for early access [to the Holder Event],” Shiba Inu mentioned in the announcement. 

Land prices for the holder's Event.

Prices for virtual land in the Holder Event will be predetermined, similar to the Bid Event, with prospective investors expected to bid a minimum of 0.2 ETH for Silver Fur and 0.3 ETH for Gold Tail. Platinum Paw and Diamond Teeth have the lowest bids of 0.5 ETH and 1 ETH, respectively.

Despite the fact that the prices are set, there is no maximum price at which users can offer to buy the land.

In the recently finished Bid Event, the largest offer for a piece of land in the Diamond Teeth tier was 6.5 Ethereum, despite the fact that a plot in that category has a set price of 1 ETH.