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Shiba Inu expands metaverse with Chainlink CCIP integration

Shiba Inu expands metaverse with Chainlink CCIP integration

GrafaGrafa2024/12/30 09:50
By:Isaac Francis

Shiba Inu (CRYPTO:SHIB) is expanding its ecosystem through the integration of Chainlink’s (CRYPTO:LINK) Cross-Chain Interoperability Protocol (CCIP).

This development aims to enhance SHIB: The Metaverse, allowing users to purchase virtual land using Ethereum (CRYPTO:ETH) or SHIB across both Ethereum and Shibarium networks.

Earlier this month, Shiba Inu’s Layer-2 blockchain, Shibarium, partnered with Chainlink to improve cross-chain interoperability and incorporate advanced data solutions.

This collaboration enables Shiba Inu’s native assets, including SHIB, LEASH (CRYPTO:LEASH), and BONE (CRYPTO:BONE), to function seamlessly across 12 blockchains, enhancing the ecosystem’s connectivity and accessibility.

The integration of CCIP into SHIB: The Metaverse means that users can now buy virtual land with ETH or SHIB, facilitating transactions on both Ethereum and Shibarium networks.

This shift is expected to broaden participation in the virtual world by simplifying the purchasing process for land within SHIB: The Metaverse.

The project allows for customisable avatars, virtual land ownership, and interactive experiences, enabling users to engage creatively and own digital assets in an immersive environment.

Over time, Shiba Inu has transitioned from a meme coin to a full-fledged ecosystem, evidenced by projects like Shibarium, SHIB: The Metaverse, and Shiba Eternity.

The ecosystem continues to innovate, and in the near future, Shiba Inu plans to launch the TREAT (CRYPTO:TREAT) token, which will empower users with governance, rewards, and voting capabilities.

"So now that the Metaverse is rolling out well and those who said it wasn’t coming have been once again, it’s time to start talking about TREAT, the future of our state and what we’ve been up to the last few years to ensure we are ahead of the pack," remarked Shytoshi Kusama, the lead developer of Shiba Inu.

At the time of reporting, the Shiba Inu (SHIB) price was $0.00002169 and the Chainlink (LINK) price was $21.20.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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