Skyweaver has been in development for four years and just released its open beta this week. This is the time when the BAYC floor price is plummeting.
As part of its planned metaverse initiative, they will be is releasing tokenized real estate called “Shiba Lands”. This is a company behind Shiba Inu (SHIB), one of the most popular memecoins.
Shiba’s upcoming metaverse has yet to be given a name. The team is referring to it as the “Shiberse” for now. They are promising that they will be disclosing the official title later in the month.
Developers will be revealing the debut date for the tokenized land sales and auctions soon. The holders of the LEASH token (accessible through Shiba Swap) will have first access to the activities.
After the initial round of sales, they will be allowing public access.
The team stressed the significance of adding further use to the SHIB ecosystem in a post published on February 8th. They are outlining ambitions to make the asset more than just a memecoin.
According to reports, their overarching goal is to disrupt not only the Metaverse sector but also a variety of companies. They should be doing it both inside and outside the crypto realm. As a result, they are ahead of the curve. More significantly, their metaverse serves as the foundation of their long-term ecology. Thye will be offering even more usefulness, projects, and perks for their adoring ShibArmy.
NFT Floor Prices Down
The NFT market has taken a significant hit this week. Their loss is roughly 10% on the floor pricing of a long list of big projects.
The BAYC, CryptoPunks, and Clone X all lost 8.79 percent, 9.47 percent, and 6.67 percent during the last 24 hours. According to data from NFT Price Floor, the floor price of 91 Ether, 66.95 Ether, and 14 Ether, respectively.
After a dramatic rise in 2022, it appears the market is calming down. The BAYC’s floor is starting the year at 60 Ether before nearly tripling to about 118 Ether as of Feb. 1.
The diminishing trade volumes on OpenSea are connected with the declining floor prices of the leading projects. Cointelegraph reported earlier today that the platform’s total trade activity has plummeted by 30%.
Skyweaver is Now Available on Beta
After months of development behind closed doors for a small group of players, the open beta for NFT’s turn-based card game Skyweaver finally went live this week.
Horizon Blockchain Games, whose team co-created the ERC-1155 token standard, produced Skyweaver, which is based on the Polygon network. Players can gather and earn tokenized cards by fighting each other in the game, then trade them on the marketplace.
The play-to-earn fighting and trading card game has already 233,000 app installs, according to Skyweaver. Before the open test on February 8, over three million games have been played in the private beta, and 345,000 people signed up for the waitlist.
Peter Kieltyka, said the company has been working hard to make the game as user-friendly as possible. Kieltyka is one of the co-founders and CEO of Horizon Blockchain Games.
He claims that they’ve been working on Skyweaver for four years, fine-tuning the mechanics and user experience to ensure that everyone can enjoy it while keeping Web3’s purity. They’re dedicated to giving millions of people convenient and secure access to Web3. This is a platform where everyone can own, use, and enjoy digital assets.
NFT Real Estate in the Physical Sense
Leslie Alessandra, the creator of Tampa-based blockchain firm DeFi Unlimited, is auctioning her $650,000 home using NFT.
Alessandra’s five-bedroom Spanish-inspired home is on the market today, thanks to a partnership between real estate agency Heckler Realty and blockchain startup Propy.
To partake in the auction, which has a base price of $650,000, bidders will require an NFT wallet. The victor of the NFT auction will obtain a tokenized deed to the property in “meatspace” or the real world, as well as the physical property.
On the property’s listing page, Alessandra stated that this technology will transform the real estate sector by bringing unprecedented speed, transparency, and security.
Alessandra told the Tampa Bay Times on Feb. 9 that she was using NFT to sell the home as a proof of concept for how the real estate sector could use the technology.
According to her, this is a real-world, concrete implementation of the technology. Signing the NFT ownership paperwork is an instantaneous ownership transfer from anywhere in the globe, which is quite powerful.