January 25, 2022

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Focus on gaming: Bringing added value with Oshiverse: Shiba Inu is based on the Metaverse hype |  newsletter

Focus on gaming: Bringing added value with Oshiverse: Shiba Inu is based on the Metaverse hype | newsletter

Shiba Inu after the recent correction of more than 60 percent below an all-time high
Shiba Inu wants to hack the Metaverse
Games at the forefront when developing Oshiverse

Shiba Inu develops Oshiverse

The hype around the metaverse is growing. After Facebook and now Meta Platforms, IOTA and other companies, Shiba Inu now also wants to penetrate the parallel digital world. To this end, the Shiba Inu core developers are working on the development of the so-called Oshiverse, a metaverse specifically for the Shiba Inu. High on the priority list is gaming, as it’s called at Investing.com.

William Falk, former Vice President of Technology at Activision, will support the development, as Shiba Inu also announced via Twitter:

In addition, it was possible to get a famous game developer with experience in the volume titles, as t3n reports. However, due to the confidentiality agreement, it is still not possible to reveal her identity.

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“I believe the metaverse should be more than a quirky token of immortality and a way to extract data. The metaverse has to provide real value to users, and that requires some foundation to be laid before the technology is released. So we’re looking at many different aspects of Shiba Inu, including That Shibarium, Shi, Shibanet, Shiboshi decentralized and incubated game and many more that will only see the light of day in the near future, by combining these elements with Ethereum as the core magic of Investing.com’s transfer of Senior Developer Setoshi Kusama, as saying that the world of Shiba will come true.

Strong performance despite correction

After Shiba Inu hit an all-time high of $0.00008845 on October 28, a massive correction followed. The dog token is currently trading about 59 percent below its all-time high of $0.00003609 on oriontero. Perhaps the reason for the collapse was the effect of the deadly weight of the so-called whales: according to data from WhaleStats, shiba whales sold coins worth more than 400 million US dollars. With its current performance over 4 percent, Shiba Inu still leaves competitors like Bitcoin (+0.7%), Ethereum (+0.42%) or Dogecoin (+3.62%) behind.

Finanzen.net Editorial Team

Image sources: salarko / Shutterstock.com

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