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

You can now join the holder’s event for the land sale if you miss the first opportunity.

Following the completion of the first sale event of Shiba Inu virtual reality land in SHIB: The Metaverse, the project’s developers have announced that it has launched the second stage, dubbed the Holder Event.  

The Bid Event, which lasted for 72 hours from the early hours of April 13, finally ended today as scheduled in the official announcement of SHIB: The Metaverse. 

“ShibArmy — Woof, that was exciting!!

Thank you for participating in the BID EVENT! We are now introducing our next stage, the HOLDER EVENT with Fixed Prices!” the Shiba Inu developer team noted in an announcement.

#ShibArmy — Woof that was exciting!! ?

Thank you for participating on the BID EVENT! We are now introducing our next stage, the HOLDER EVENT with Fixed Prices! ⛰

As a reminder, please acknowledge that you will need to have $LEASH or a #SHIBOSHI locked for early access. pic.twitter.com/1iqzHeE6Vd

— Shib (@Shibtoken) April 16, 2022

Details of the Holder Event

Based on the development, the remaining plots of land that were not purchased in the Bid Event will be made available to holders of $LEASH and Shiboshi who missed out on the three-day virtual land sale exercise.

Unlike the Bid Event, which lasted for 72 hours, the Holder Event is tipped to run for seven days, which will commence immediately after the first early phase. 

The Holder Event will be open to only investors who locked their $Leash and Shiboshi assets in the locker programs. 

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

Land Prices for the Holder Event

Similar to the Bid Event, prices for virtual land will remain fixed in the Holder Event, with prospective investors expected to bid a minimum of 0.2 ETH for Silver Fur and 0.3 ETH for Gold Tail. The lowest bids for Platinum Paw and Diamond Teeth are 0.5 ETH and 1 ETH, respectively. 

Even though the prices are fixed, there is no maximum price that users can offer to purchase the land. 

As reported, the highest offer made for a plot of land in the Diamond Teeth tier in the recently concluded Bid Event was 6.5 Ethereum despite a plot in that category having a fixed price of 1 ETH.