The Shiba Inu ecosystem is accelerating its growth by strengthening its integration with Chainlink technology.
The latest advancement sees SHIB: The Metaverse adopt Chainlink’s Cross-Chain Interoperability Protocol (CCIP), paving the way for a more interconnected and versatile blockchain experience.
Earlier this month, Shibarium, Shiba Inu’s layer 2 blockchain, partnered with Chainlink to improve cross-chain interoperability and integrate advanced data solutions.
This partnership positions the ecosystem for revolutionary multi-chain applications, making it more accessible and robust for users and developers. Using Chainlink’s CCIP and Cross-Chain Token (CCT) standard, Shiba Inu’s native assets – SHIB, LEASH and BONE – can now operate seamlessly across 12 blockchains.
This initiative has now been extended to Shiba Inu’s SHIB: The Metaverse project. In the Metaverse, users can now purchase virtual land using ETH or SHIB on the Ethereum and Shibarium networks. This innovation not only simplifies transactions but also encourages broader participation in the virtual ecosystem.
Shiba Inu has reached a milestone with SHIB: The Metaverse, offering customizable avatars, virtual land ownership and interactive experiences. These features redefine digital engagement by allowing users to express their creativity, own digital assets, and interact in an immersive environment.
The Shibarium-based project bridges the gap between the physical and digital worlds while setting a new standard for community interaction in virtual spaces.
Over the years, Shiba Inu has evolved significantly from its beginnings as a coin to a full-fledged ecosystem. Market observers said the launch of projects like Shibarium, the creation of SHIB: The Metaverse, and gaming projects like Shiba Eternity highlight its dedication to innovation and providing real-world utility.
In line with this development, Shiba Inu is set to unveil the highly anticipated TREAT token. This latest ecosystem token empowers users through governance, rewards, and voting capabilities. According to Shiba Inu lead developer Shytoshi Kusama, TREAT will play a central role in the next phase of the project, reflecting the ecosystem’s ambition to stay ahead of industry trends.
“So now that the Metaverse is rolling out nicely and those who said it wouldn’t come, it’s time to start talking about TREAT, the future of our state and what we’ve done over the last few years for us ensuring we are ahead of the pack,” Kusama said.
Disclaimer
In accordance with the Trust Project guidelines, BeInCrypto is committed to providing unbiased and transparent reporting. This news article aims to provide accurate and current information. Readers are, however, advised to independently verify the facts and seek professional advice before making any decision based on this content. Please note that our Terms and Conditions, Privacy Policy and Disclaimer have been updated.
