Shiba

2024

Eternity

Shiba Inu

<ul> 
 <li>Shiba Eternity’s closed beta on Shibarium begins Q3 2024 for Web3 gaming.</li> 
 <li>75.5% of Web3 games failed since 2018; GameFi market now $30B.</li> 
 <li>Shibarium integration brings in-game asset ownership and community governance</li> 
</ul> 
<p>The Games team, which is part of the Shiba Inu ecosystem, has announced a closed beta test schedule for Shiba Eternity, a card game, on Shibarium, the layer-2 scaling solution. It is predicted that the closed beta will commence in the third quarter of 2024.</p> 
<p>This phase will test the game’s features integrated with Shibarium before opening up beta testing for the public. This update, shared in an interview with The Shib Daily, marks a step for the ecosystem as it ventures further into the Web3 gaming space.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/EXCLUSIVE?src=hash&amp;ref_src=twsrc%5Etfw">#EXCLUSIVE</a>: Shiba Inu to Launch Web3 ‘Shiba Eternity’ Closed Beta with Shibarium Integration in Q3 – The Shib Daily <a href="https://t.co/QjHESCgsWh">https://t.co/QjHESCgsWh</a></p>— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) <a href="https://twitter.com/LucieSHIB/status/1803685945620812255?ref_src=twsrc%5Etfw">June 20, 2024</a>
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<p><strong>Growth in GameFi Sector Despite Challenges</strong></p> 
<p>The GameFi sector within the DeFi space is still expanding despite facing persistent challenges. A recent <a href="https://www.coingecko.com/research/publications/how-many-gamefi-dead" target="_blank" rel="noreferrer noopener">CoinGecko report</a> stated that 2,127 out of 2,817 Web3 games have not succeeded since 2018, showing a failure rate of 75.5%.</p> 
<p>Despite this, the GameFi market cap surged above $30 billion as of March 2024. Experts attribute the high failure rate to a focus on financial aspects over player engagement. Shiba Eternity, which has garnered considerable interest since its October 2022 launch, aims to improve player engagement metrics.</p> 
<p><strong>Shiba Eternity’s Continuous Development</strong></p> 
<p>Shiba Eternity, released in October 2022, swiftly became well-liked for its tactical gameplay.The recent update, dubbed Balancing Act, introduced version 1.2.8, which balanced the powers of Boshi.&nbsp;</p> 
<p>In April, the Games team released the project’s initial internal build, anticipating the Shibarium integration. This integration will bring innovative features, including true ownership of in-game assets, a player-driven economy, and community governance features.</p> 
<p>Shytoshi Kusama, the Shiba Inu ecosystem lead developer, hinted at Shiba Eternity’s adaptation for Shibarium, emphasising the introduction of decentralised elements and the game’s independence within the ecosystem.&nbsp;</p> 
<p>Moreover, revenue from in-app purchases will support burning SHIB and LEASH tokens, aligning with the broader economic strategy of the Shiba Inu project.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also:</h4> 
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/shiba-eternity-card-game-was-globally-launched-today/">Shiba Eternity Card Game was Globally Launched Today</a></li>
 <li><a href="https://cryptonewsland.com/shiba-inu-blockchains-public-testnet-will-arrive-in-q3-2022/">Shiba Inu Blockchain’s Public Testnet Will Arrive in Q3 2022</a></li>
 <li><a href="https://cryptonewsland.com/why-the-crypto-space-should-not-be-sleeping-on-tezos/">Why the Crypto Space Should Not Be Sleeping on Tezos</a></li>
 <li><a href="https://cryptonewsland.com/cardanos-q3-success-whats-behind-the-198-tvl-growth/">Cardano’s Q3 Success: What’s Behind the 198% TVL Growth?</a></li>
 <li><a href="https://cryptonewsland.com/altcoin-2024-q3-report-and-bitcoin-price-action-reveals-massive-market-insights-for-traders-worldwide/">Altcoin 2024 Q3 Report and Bitcoin Price Action Reveals Massive Market Insights for Traders Worldwide</a></li>
</ul> 
<p>The post <a href="https://cryptonewsland.com/shiba-inu-announces-beta-test-for-shiba-eternity-on-shibarium-in-q3-2024/">Shiba Inu Announces Beta Test for Shiba Eternity on Shibarium in Q3 2024</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Shiba Inu Announces Beta Test for Shiba Eternity on Shibarium in Q3 2024

Crypto News Land

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