Billy Marcus: “Shiba Inu involvement in the metaverse is a robbery of SHIB holders”


Dogecoin co-founder Billy Marcus lashed out at Shiba Inu developers for selling virtual land in the metaverse, calling it an attempt to rob SHIB owners.

Yesterday, March 30th, the Shiba Inu team released details of their virtual reality title SHIB: The Metaverse. We are talking about 100,595 plots of land, access to which will be opened in stages, while at the initial stage their prices range from 0.2 ETH to 1 ETH. Billy Markus commented on the announcement on Twitter. He believes that the Shiba Inu initiative does not add any practical value to the canine-themed project. According to him, it’s more like “robbery of the army” SHIB.

“How will creating a metaverse and selling fake lands for ethers add value to their project? 100,000 land plots at a price of 0.2-1 ETH per piece… The creators of the project will receive an additional $100-$300 million on top of what they have already earned from the creation of Shiba Inu. Hope it’s all worth it. Good luck people.” wrote Marcus.

According to Markus, if people want to help develop Shiba Inu, it’s easier for them to transfer money to developers without participating in the metaverse. And if he were the holder of SHIB, the new initiative of the project would only cause him irritation. He also criticized the very idea of ​​Shiba Inu about the passive income of buyers of these virtual land plots. The Dogecoin co-founder asked the developers if they plan to establish a KYC (“Know Your Customer”) procedure and register with the US Securities and Exchange Commission (SEC).

Billy Marcus often gives his opinion on various events taking place in the cryptocurrency industry. It seems that he is not very happy with her development. He recently expressed dismay at Binance Smart Chain (BSC) blockchain-based “meme coins”, calling them useless.


Source: Bits

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