Acclaimed cryptocurrency project Shiba Inu is expanding its immersive impact. Reportedly, Shiba Inu and SHIB: The Metaverse are invited to exhibit at the SXSW 2023, and also preview the WAGMI Temple Hub at the Elite Showcase of VR, AR, & Mixed Reality Tech in Austin, Texas. The Shiba Inu ecosystem has announced on the ShibaSWAP blog that SHIB: The Metaverse has received an invitation to exhibit at the 2023 SXSW XR Experience.
Sharing the news, Shiba Inu tweeted:
For immediate release: Shiba Inu & SHIB The Metaverse have been invited to exhibit at this year’s SXSW XR Experience. The VR/AR experience showcase is open to all badge holders at SXSW March 2023 in Austin, Texas @sxsw— Shib (@Shibtoken) January 12, 2023
Read more: https://t.co/51Oa3DwshY
At the VR/AR experience at SXSW 2023 in Austin, Texas, festival attendees can preview the WAGMI Temple (the first of 11 SHIB: The Metaverse HUBs). SHIB: The Metaverse is a virtual representation of SHIB’s history, an immersive experience for people “to explore, learn from, and interact with the Shiba Inu ecosystem in exciting new ways.”
In decentralized finance or DeFi, the metaverse offers the following possibilities:
- Developing new digital assets and financial instruments for trading on decentralized markets.
- Digital experiences and worlds for users to own and monetize digital real estate.
- Fresh investment and creator monetization avenues.
- Fresh online social interactions and group experiences (viz. virtual reality and gaming).
- Connecting people and sparking collaboration in new ways.
- Offering digital services beyond the physical world’s limitations.
Sherri Cuono, Metaverse Advisor to Shiba Token, says,
The unique possibilities that will be in HUBs like WAGMI Temple make SHIB: The Metaverse stand out. HUBs are epicenters of activity within the Metaverse, offering distinctive experiences rooted in each HUB’s theme. Each offers special attractions that may only be experienced in that hub.
The common thread is extensive digital or digital-plus-IRL utility including activities, commerce, customization, expression, events, education, exploring and more. Users will be able to earn passive income, collect in-game resources, generate rewards, and even have their own space to build and manage their projects in SHIB: The Metaverse.
The SXSW attendees can add to their experience by meeting the Shiba Inu team to learn ways to connect their digital wallets, and buy Metaverse land.
Marcie Jastrow, Metaverse Advisor to Shiba Token, says, “the invitation of SHIB: The Metaverse to the SXSW XR Experience is a major milestone that shows SHIB is much more than a memecoin. SXSW is among the world’s best-known tech and culture conferences. SHIB’s presence at SXSW 2023 will make it easy for people to take part in the Metaverse.”
The SXSW festival is scheduled to be celebrated from March 10 to March 19, 2023, in Austin, Texas.