Shiba Inu, a meme project, just announced the debut of SHIB: The Metaverse, a metaverse project. The digital asset has taken a long-awaited stride forward, but not everyone is thrilled with the project’s progress.
Billy Markus, the co-founder of Dogecoin, is one of them. He’s taken to Twitter to express his disgust with the meme currency developers’ decision.
No Utility Added to Shiba
Markus had used the comments section after the unveiling of the new Shiba Inu metaverse to express his thoughts on the project. He reminds out that this action adds no value to the meme token. It is assumed that they have built a “random metaverse” and are currently “selling phony land with Ethereum.”
He also bemoaned the cost of these metaverse territories. For a total of 100,000 acres, they are being sold for 0.2 ETH to 1 ETH each. The Dogecoin founder appears to view this as a money grab by the producers.
It was discovered that the SHIB developers are looking to raise additional $100 million to $300 million. This is on top of the money they’ve already gained from the Shiba Inu’s success.
Markus went on to say that if he were an investor in the project, such a move would irritate him. He urged people to follow ahead with their plans if they wanted to further enhance the devs.
Markus’ latest tweet appears to be another attack at Shiba Inu. People desire goods that provide worth to their life, according to the founder this time. He went on to say that if the group’s focus is on getting money quick, it will be the worst community ever created.
Scammers Getting on the Nerves
Markus’ issues appear to be with the entire crypto community, not just the Dogecoin competitor. The Dogecoin co-founder revealed to his 1.2 million followers that he has only made $3,000 from the cryptocurrency. This is a digital asset with a market capitalization of $80 billion.
Markus is irritated by the fact that con artists continue to gain millions of dollars. This is on top of strangers assaulting him on Twitter throughout the day. This is despite the fact that he had generated so little money from his product.
Dogecoin was invented by Billy Markus and his friend and coworker Jackson Palmer. Both of whom, however, later abandoned the initiative and quit the market. Markus had sold his crypto holdings seven years prior in order to pay his rent and purchase an old Honda. Markus has recently re-entered the community since the meme coin’s rise to fame in 2021. Palmer, on the other hand, has stated that he intends to stay out of the crypto area.
