Shiba Inu ($SHIB) has joined forces with Activision Blizzard's ($ATVI) Vice president of technology to create a play to earn nFT game
Summary
- David Volk, the Vice President of Technology at Activision Blizzard Inc (NASDAQ: ATVI), will be in charge of the game design, and the process implementation as well as the completion and finalization of the game by the studio.
- Shiba Inu is focusing on building an “incredible version” of the Shiboshi game. This will provide unique opportunities within the Shiba Inu Ecosystem, namely SHIB, Doge Killer (CRYPTO: LEASH) and Bone ShibaSwap (CRYPTO: BONE). The revenue from Shiba Inu Games in-app purchases will allow for SHIB and LEASH burns.
- On October 28th the SHIB coin reached its highest value of $0.0000826 with a 24-hour volume of more than $40 billion. However, after reaching this value the coin has dropped to $0.000039 in the last month.
Meme cryptocurrency Shiba Inu $SHIB has joined forces with David Volk, the Vice President of Technology at Activision Blizzard Inc (NASDAQ: ATVI) to create a play-to-earn NFT game, Shytoshi Kusama, project leader of Shiba Inu said in an article posted on Medium.
Shytoshi Kusama also added that they had landed a partnership with a game studio to develop the Shiboshi NFT game.
David Volk, the Vice President of Technology at Activision Blizzard Inc (NASDAQ: ATVI), will be in charge of the game design, and the process implementation as well as the completion and finalization of the game by the studio.
About the game
The game will be primarily for mobile-use and upon completion it will be licensed solely to the decentralized team at Shiba Inu for use on Shibarium, and the team can add various decentralized elements to enhance this mobile version, Kusama said.
Shiba Inu is focusing on building an “incredible version” of the Shiboshi game. This will provide unique opportunities within the Shiba Inu Ecosystem, namely SHIB, Doge Killer (CRYPTO: LEASH) and Bone ShibaSwap (CRYPTO: BONE). The revenue from Shiba Inu Games in-app purchases will allow for SHIB and LEASH burns.
About the Shiba Inu Ecosystem
Doge Killer (LEASH) is a token in the Shiba Inu (SHIB) ecosystem. Shiba Inu is commonly referred to as the “Dogecoin (DOGE) killer” because of its enormous popularity. SHIB grew to become the second-largest canine-inspired coin in the crypto space and aims to be the Ethereum (ETH)-based counterpart to Dogecoin’s Scrypt-based mining algorithm. Besides LEASH, there is also Bone ShibaSwap (BONE), another dog coin that is part of the Shiba universe, which can be traded on its own ShibaSwap decentralized exchange (DEX).
What is more, the Shiba Inu developers have been discussing for weeks the metaverse implementation on Shibarium. However, for this to happen there is still a long way to go and many things to work on, Kusama said. He also added “And that’s why we are working on so many aspects of Shiba Inu, including Shibarium, Shi, Shibanet, The Decentralized Shiboshi Game, Incubator and much more that won’t become evident until the near future.”
About the SHIB coin
As you can see from the chart, on October 28th the coin reached its highest value of $0.0000826 with a 24-hour volume of more than $40 billion. However, after reaching this value the coin has dropped to $0.000039 in the last month. What remains to be seen is if the coin’s investors will have a positive sentiment after this news and if it has the power to go back to its highest value and even higher.
About Activision Blizzard
Activision Blizzard, Inc. is an American video game holding company based in Santa Monica, California. The company was founded in July 2008 through the merger of Activision, Inc. and Vivendi Games.
Its stock price is at the moment $60 per share. In March 2021, its stock price was above $100 per share which is 40% decrease in the price of the stock.
Disclaimer – I/we have no position in any stock mentioned. I wrote this article myself, and it expresses my personal opinions. I am not receiving any compensation for it, other than FDGT Academy. I do not have or had in the past any business relationship with any company that is mentioned in the above article.
Natalia C. - Junior Analyst at FDGT Academy
I am a stock analyst/investor with prior experience and knowledge to BSc Accounting and Finance. After completing my degree and exposure to the accounting firms I decided that the direction I should choose is towards the Investment world. I completed my masters in Investment Management where it gave me solid fundamentals to build my career on. I have examined a lot of different aspects of investment, from REITS, derivatives, currencies, bonds, equity and hedge funds. I never stopped learning about the market which is why I can analyze and write articles for FDGT community always personally opinionated. My passion are green energy and electric vehicles stocks as a whole. I also had my share of analyzing the work form home stocks that are coming to take over in the upcoming years.
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