Shiba Inu Launches Burn Portal for Billion-$ SHIB Project, Driving Price, and Fostering Ecosystem Development

• PawZone has announced detailed plans to introduce a burn portal that will allow users to burn their crypto assets for rewards.
• Marcie Jastrow believes the Shiba Inu virtual world is the “new talk of Hollywood.

PawZone, a new meme token on the Shiba Inu ecosystem, has announced its latest plan to introduce a burn portal that will allow users to burn their crypto assets for rewards. Since its official launch in March, PawZone has reached a significant milestone with a market capitalization of $30 million in March. Upon launch, users who burn their PAW and SHIB tokens will receive compensation through raffle giveaways, top burners log, and other exclusive events.

In addition to the PAW burn, PawZone plans to launch a non-fungible token (NFT) marketplace named Pawzaar, which will be dedicated to the Shiba Inu ecosystem. PawZone also intends to introduce a play-to-earn (P2E) gaming guild for the Shiba Inu community, allowing blockchain gamers to borrow in-game assets with no fees.

PawZone is set to debut on the Shabarium ecosystem, a layer-2 solution built on the Ethereum protocol for Shiba Inu, and its token, PAW, is currently traded on ShibaSwap. The project’s upcoming burns and initiatives are expected to excite users and attract more attention to the Shiba Inu ecosystem.

SHIB The Metaverse

SHIB The Metaverse is a special virtual world region created for the Shiba Inu ecological systems that will allow supporters to create over 100,000 parcels of land. Landowners in the virtual world have an opportunity to make money off of their investments and also gain incentives and tokens. It is worth noting that there are 11 hubs in the virtual world, including the WAGMI Temple hub.

⁦look at who is at @consensus2023 ⁦@mvshib⁩ ⁦#shibarmy let’s show them our strength @shib.io ⁦@ShytoshiKusama⁩ ⁦@kaaldhairya⁩ ⁦@sherricuono⁩ #Shibarmystrong ⁦@Shibtoken⁩ ⁦@Shibariumtech⁩ pic.twitter.com/y0ryRrudYQ

— Marcie Jastrow (@marciejastrow) April 28, 2023

Which took place in Austin, Texas. The Consensus 2023 conference was organized and hosted by Coindesk, a provider of cryptocurrency news. The Web3 event started on April 26, 2023, and ended yesterday, April 28th, with over 20,000 participants from over 112 nations. The topics discussed in the conference cut across various topics related to the rising economy and the growing popularity of Web 3, artificial intelligence(AI), and Blockchain, among others. 

WAGMI Temple hub Displayed At South by Southwest Festival

Marcie Jastrow revealed recently that SHIB attracted interest from Hollywood while she was speaking as a Web 3 regulatory council member at the National Association of Broadcasters(NAB) convention. She said the Shiba Inu virtual world was the “new talk of Hollywood.” At the SXSW music festival in 2023, the Shiba Inu Metaverse unveiled the WAGMI Temple hub. With the help of immersive Extended Reality (XR) expertise, the premiere gave viewers a glimpse of the eagerly anticipated metaverse center.

Viewers had the chance to see a tiny piece of the WAGMI Temple, which displayed the mountain and trees in a small area of the structure. Jastrow stated that the team intends to create an efficient UI/UX interface, so users can easily navigate the virtual world. The creators will also concentrate on bringing fresh firms to advance the Shiba Inu industry.

What is next for Shiba Inu?

SHIB has been on a bull run recently and as of the time of writing, the asset is trading at $0.0000103 with a 24hr trading volume of $82,294,442. This is only a 0.02% surge in the last day and a 0.65% in the last 7 days.

With the unveiling of the WAGMI Temple hub and PawZone project, the coin has gotten much attraction and is likely to drive the prices even more.

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