Shytoshi Kusama, the lead developer of Shiba Inu, has announced the rollout of 'SHIB: The Metaverse' and the upcoming TREAT token, marking a significant project advancement.
SHIB: The Metaverse
'SHIB: The Metaverse' offers users an immersive virtual environment with blockchain integration. Users can buy digital land, create avatars, and host events, fostering a dynamic virtual community. The metaverse comprises over 100,000 plots, divided into four tiers, with initial prices ranging from 0.2 ETH to 1 ETH.
Introduction of the TREAT Token
Following the metaverse launch, Kusama has introduced TREAT, poised to be a central part of the Shiba Inu ecosystem. TREAT is expected to have multiple roles, such as governance, rewards, and enhancing user engagement. It will aid in reward systems, DeFi integrations, and provide voting rights for strategic decision-making.
Strategic Collaborations and Technological Integration
Kusama unveiled TREAT's first use case through a collaboration with the longevity research project Oogwai. This partnership focuses on Fully Homomorphic Encryption (FHE), allowing encrypted data computations without decryption, ensuring data privacy and security. TREAT is expected to facilitate efficient data processing within this framework.
The TREAT token and 'SHIB: The Metaverse' showcase Shiba Inu's commitment to staying ahead in the blockchain space, providing a multi-faceted platform for digital interaction and financial participation.
