Shiba Inu

Shiba Inu Gets an Invite from WEF to develop ‘Metaverse Policy’

Posted Friday, November 25, 2022 by
Sophia Cruz • 1 min read

There’s an ongoing online poll in Shiba Inu Community that will determine whether Shiba Inu will accept the invitation from the World Economic Forum for a metaverse project.

Shiba Inu’s lead developer Shytosi Kusama was invited to the World Economic Forum to build a global Metaverse policy to provide a more enjoyable and exciting virtual environment and help users earn and explore in-game resources. So far, the poll has more than 18,000 votes and more than 60% of it is in favor of accepting the partnership offer with WEF. 

In addition, Kusama also announced that Meta, the Sandbox, and Decentraland will also be involved in the metaverse-related undertaking. 

On a bad note, despite the positive aim of this partnership, Shiba Inu’s price continues to downtrend. Over the last 7 days, SHIB’s price has been down to 2% and is now at the 15th rank in all the cryptocurrencies. Still, SHIB bounced back by 0.55% over the last 24 hours according to the same data source. 

Hopes on Shibarium

The community is still beyond hope that the Shibarium launch would help SHIB to go up. 

Shibarium has a built-in system that allows holders to burn tokens and decrease their exorbitant supply. In the meantime, Shiba Eternity serves as an option for the Shiba Inu community to burn their tokens while waiting for the Shibarium.

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