<h2>Shiba Eternity in the P2E area</h2><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed276bb82c2f47a8e6023f659fee92.jpg" alt="Shiba Eternity game" title="Shiba Eternity game" width="600" height="338" class="lykafe0"></p><h3>The P2E landscape</h3><p dir="ltr">The <a href="https://www.builder.news/crypto-insights/playtoearn-games-a-new-way-to-earn-RkfHA" alt="Play-to-earn games: A new way to earn" title="Play-to-earn games: A new way to earn" target="_blank" rel="" class="">play-to-earn (P2E)</a> paradigm, which provides incentives for players to engage with and advance in blockchain-based games, is the foundation of GameFi. P2E may be a hugely profitable venture for players, with some P2E players making the equivalent of a full-time living just from playing.</p><p dir="ltr">2021 is considered a boom time for P2E games with some prominent names like Axie Infinity or Decentraland. Blockchain technology brings transparency in the game economy model. In other words, GameFi can solve problems that traditional games have. In addition to earning money, GameFi players are given more power as they can own characters and items as NFTs.</p><h3>Shiba Inu to join the P2E game</h3><p dir="ltr">On November 27, 2021 Shytoshi Kusama, the Shiba Inu project's fictitious leader, revealed that the team is getting ready to make a very stunning entry into the gaming industry. In a Medium blog post titled "The Future of Gaming Is Shib", Shytoshi stated that although he could not provide "exact" information about the game that his team is developing (due to worries about how quickly other people would try to steal the concept). He also revealed that their new games division, Shiba Inu games, has hired renowned veteran video game designer and developer William David Volk to lead the design and implementation of the game, which is being developed by the company.</p><p dir="ltr">After that, Volk confirmed that he has been working for Shiba Inu Games on a freelance basis since the beginning of November 2021. He said on his Linkedin: <em>"I am honored to be working with an incredible team on what will become one of the most significant games of all time”</em>. Volk is also known as a former Vice President of technology at Activision.</p><p>On the other hand, while Shiba Inu Games remain entirely separate from this activity, Shytoshi said that this would "offer unique chances within the Shiba Inu Ecosystem ($SHIB, $LEASH &amp; $BONE)". Additionally, he noted that "the money made from in-app sales in Shiba Inu Games also creates chances for SHIB &amp; LEASH burning."</p><p>After nearly one month of waiting, on August 2nd 2022, the name of the game was officially announced, <strong>Shiba Eternity</strong>. According to the team foundation, Shiba Eternity is a collectible card game (CCG) that is being created in partnership with the renowned AAA game production studio PlaySide Studios. Both iOS and Android versions of this game will be available. In a recorded Discord chat, Kusama also disclosed that the game will need a lot of strategic thinking. The following is a succinct summary of Shiba Eternity taken from the Shiba Inu Discord channel: <em>“<strong>Shiba Eternity features 10,000 Shiboshi heroes, jaw-dropping visuals, hundreds of uniquely beautiful cards, action-packed battles, and an awe-inspiring lore-driven environment that draws you into each heart-stopping encounter.</strong>“</em></p><p dir="ltr">However, Shiba Eternity hasn't yet been fully played by players. The particular blockchain functions provided are also unknown to the players. Holders will probably start enquiring further about potential SHIB burn support or how it can drive up the price of Shiba Inu.</p><p dir="ltr">By the time Shiba Inu announced that it would join the P2E game, the game market was constantly having bad news such as: scam games, hack games, … Due to some rug pull news, many people now have a negative view of GameFi, especially after some swindling cases in which game developers raised funds but could not launch products as expected. On the other hand, there are always failed projects during the development of new technology platforms. So, this doesn’t mean that the entire GameFi industry will die. It is not known whether the decision to launch the game at this time will help Shiba Inu increase the price or it will be a mistake on the part of the founder. Continue reading the article below of <a href="https://www.builder.news/" alt="Builder.news website" title="Builder.news website" target="_blank" rel="" class="">Builder.news</a> to have a better overview of this case.</p><h3>Shiba Inu gameplay</h3><p dir="ltr">According to the information of the Shiba Eternity team, <strong>Shiba Eternity</strong> will be a multiplayer collectable card game, featuring 1000 SHIB-inspired cards. As Shytoshi tweeted, these will include a special card based on SHIB founder Ryoshi. The cards all reference the Shiba ecosystem more.</p><p dir="ltr">Shiba Discord moderator Queenie said in the latest AMA that the cards "pay homage to past iconic games and it keeps with our meme heritage." Shytoshi also revealed a SHIB trading card set to feature in the game, based on the Bonk Shiba Inu meme. People could see the gameplay leaked by Gossip Shib through the tweet below.</p><iframe width="550" height="400" src="data:text/html;charset=utf-8,%3Cblockquote%20class%3D%22twitter-tweet%22%3E%3Cp%20lang%3D%22en%22%20dir%3D%22ltr%22%3EFirst%20Sneak%20peek%20from%20%3Ca%20href%3D%22https%3A//twitter.com/hashtag/ShibaEternity%3Fsrc%3Dhash%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%23ShibaEternity%3C/a%3E%20%3Cbr%3EReviews%20are%20%uD83D%uDE0A%20Looking%20amazing%20%uD83D%uDE3B%20%3Ca%20href%3D%22https%3A//twitter.com/hashtag/SHIBARMY%3Fsrc%3Dhash%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%23SHIBARMY%3C/a%3E%20%3Ca%20href%3D%22https%3A//twitter.com/search%3Fq%3D%2524SHIB%26amp%3Bsrc%3Dctag%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%24SHIB%3C/a%3E%20%3Ca%20href%3D%22https%3A//twitter.com/search%3Fq%3D%2524LEASH%26amp%3Bsrc%3Dctag%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%24LEASH%3C/a%3E%20%3Ca%20href%3D%22https%3A//twitter.com/search%3Fq%3D%2524BONE%26amp%3Bsrc%3Dctag%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%24BONE%3C/a%3E%20%3Ca%20href%3D%22https%3A//t.co/ypnWuYfWds%22%3Epic.twitter.com/ypnWuYfWds%3C/a%3E%3C/p%3E%26mdash%3B%20Lucie%20Sasinkova%20%u273A%20%28@GossipShib%29%20%3Ca%20href%3D%22https%3A//twitter.com/GossipShib/status/1557580543620964352%3Fref_src%3Dtwsrc%255Etfw%22%3EAugust%2011%2C%202022%3C/a%3E%3C/blockquote%3E%0A%3Cscript%20async%20src%3D%22https%3A//platform.twitter.com/widgets.js%22%20charset%3D%22utf-8%22%3E%3C/script%3E%0A"></iframe><p></p><h3>Shiba Eternity release date&nbsp;</h3><p dir="ltr">Leading Shiba Inu creator Shytoshi Kusama has announced that the much-awaited SHIB game known as <strong>Shiba Eternity</strong> is now accessible for early testing in Vietnam. The chief developer, who went by a pseudonym, stated that Vietnamese iOS users could download the game to their smartphones. Vietnamese players will only have access to a small number of the game's features, though Kusama tweeted that more features would soon be made available.</p><iframe width="550" height="400" src="data:text/html;charset=utf-8,%3Cblockquote%20class%3D%22twitter-tweet%22%3E%3Cp%20lang%3D%22vi%22%20dir%3D%22ltr%22%3EVi%u1EC7t%20Nam%21%20Tr%F2%20ch%u01A1i%20%3Ca%20href%3D%22https%3A//twitter.com/hashtag/ShibaEternity%3Fsrc%3Dhash%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%23ShibaEternity%3C/a%3E%20hi%u1EC7n%20%u0111%E3%20c%F3%20s%u1EB5n%20%u0111%u1EC3%20th%u1EED%20nghi%u1EC7m%20%u1EDF%20qu%u1ED1c%20gia%20c%u1EE7a%20b%u1EA1n%20tr%EAn%20iOS.%20T%ECm%20ki%u1EBFm%20Shiba%20Eternity.%20%u0110%E2y%20l%E0%20m%u1ED9t%20th%u1EED%20nghi%u1EC7m%20s%u1EDBm%2C%20nhi%u1EC1u%20t%EDnh%20n%u0103ng%20h%u01A1n%20s%u1EBD%20%u0111%u01B0%u1EE3c%20ph%E1t%20h%E0nh%20trong%20c%E1c%20b%u1EA3n%20d%u1EF1ng%20sau.%20Ch%FAc%20b%u1EA1n%20th%u1EED%20nghi%u1EC7m%20vui%20v%u1EBB%21%20%3Ca%20href%3D%22https%3A//twitter.com/hashtag/shibarmy%3Fsrc%3Dhash%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%23shibarmy%3C/a%3E%20%3Ca%20href%3D%22https%3A//twitter.com/hashtag/ccg%3Fsrc%3Dhash%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%23ccg%3C/a%3E%20%3Ca%20href%3D%22https%3A//t.co/4nD1vB1TJd%22%3Ehttps%3A//t.co/4nD1vB1TJd%3C/a%3E%20%3Ca%20href%3D%22https%3A//t.co/VrQ5Zz4qSb%22%3Epic.twitter.com/VrQ5Zz4qSb%3C/a%3E%3C/p%3E%26mdash%3B%20Shytoshi%20Kusama%u2122%20%28@ShytoshiKusama%29%20%3Ca%20href%3D%22https%3A//twitter.com/ShytoshiKusama/status/1557542469008592898%3Fref_src%3Dtwsrc%255Etfw%22%3EAugust%2011%2C%202022%3C/a%3E%3C/blockquote%3E%0A%3Cscript%20async%20src%3D%22https%3A//platform.twitter.com/widgets.js%22%20charset%3D%22utf-8%22%3E%3C/script%3E%0A"></iframe><p dir="ltr"></p><p dir="ltr">When Vietnamese users of Android will be able to try <strong>Shiba Eternity</strong> has not been specified by Kusama. Less than a month prior, Kusama teased Vietnamese citizens about an anticipated special reward for SHIB followers residing there. Meanwhile, Kusama has also said that Indonesia may be the next nation to receive Shiba Eternity.</p><h2>Will Shiba Eternity boost SHIB in soaring?</h2><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed276bb82c3814a8e6023f659fee92.jpg" alt="Will Shiba Eternity boost SHIB in soaring?" title="Will Shiba Eternity boost SHIB in soaring?" width="600" height="338" class="lykafe1"></p><p dir="ltr">Before announcing the intention to launch the game, officially encroaching on P2E, the price of <a href="https://www.builder.news/crypto-insights/shiba-inu-token" alt="Is Shiba Inu a good investment?" title="Is Shiba Inu a good investment?" target="_blank" rel="" class="">Shiba Inu (SHIB)</a> has undergone a strong discount. Until the announcement was made, the price of this token also had a slight increase, but not much (about 5%).</p><p dir="ltr">It seems that, despite giving quite shocking information and attracting users, investors are still indifferent to this news. There are not too many moves that show whales, or big stakeholders buying more SHIB. That is also the reason why the price of Shiba Inu only increased slightly and then decreased shortly after.</p><p dir="ltr">By the beginning of 2022, the whole market is red and Shiba Inu is no exception. The price of the token fluctuates at $0.00022. By the time the Terra-Luna crash happened, the token continued to suffer, dropping to $0.00001 and maintained its price until now.&nbsp;</p><p dir="ltr">At the beginning of this past August, the team of the popular project Shiba Inu finally revealed some details about the long-awaited game, Shiba Eternity. In parallel, according to WhaleStats data, the SHIB token has become one of the most used smart contracts among the largest 5,000 Ethereum holders. Also in August, on the 15th, SHIB suddenly spiked 40% despite the market's strong dump when BTC dropped to $17k. This is a roughly 40% increase from $0.000012 to $0.000018, canceling out another zero in the value of the SHIB. So what is behind this unusual price increase? For months, the Shiba Inu team has pledged to burn more tokens to reduce the circulating supply. Of course, this will increase the value of the property. Shiba Inu is purchased using a portion of proceeds from smartphone game advertising and the sale of the merchandise and items described above. Overall, a total of 410,370,029,330,564 Shiba Inu Tokens were burned from the initial supply with a burn rate of 191%, according to Shibburn.</p><p dir="ltr">Trading activity for SHIB decreased in H1 2022 as a result of the price reduction. The trade volume for the token dramatically decreased after reaching a peak of 4.79 billion on February 7. Since its high on 7 February, SHIB's trading volume has decreased by 85% over the first quarter. Additionally, over the course of six months, SHIB's market value decreased from $18 billion to $5 billion.</p><p dir="ltr">Interestingly, whale Ethereum holdings started back in the spring and with each news of SHIB being accepted as a payment instrument or about Shibarium, the value of the token in the category market share synthesis of whales has increased. If taking the stats for the top 100 largest Ethereum holders, the average position size is SHIB 3.079 trillion, or $36 million. At the same time, the total SHIB shares held by these investors is 31% of the total token supply.</p><p dir="ltr">Overall, it's impossible to know for sure if Shiba Eternity will make SHIB explode. However, current investors are showing indifference to SHIB, largely because Shiba Inu has not yet released the game globally, leaving investors with no basis to believe in the game as well as the project.</p><p><em><strong>&gt;&gt;&gt; Related article:</strong></em>&nbsp;<a href="https://www.builder.news/crypto-insights/which-are-the-best-meme-coins-to-invest-in-8JUCQ" alt="Which are the best meme coins to invest in?" title="Which are the best meme coins to invest in?" target="_blank" rel="" class=""><em><strong>Which are the best meme coins to invest in?</strong></em></a></p><h2>May Shiba Eternity provoke P2E?</h2><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed276bb82c3d35a8e6023f659fee92.jpg" alt="May Shiba Eternity provoke P2E?" title="May Shiba Eternity provoke P2E?" width="600" height="334" class="lykafe2"></p><p><strong>Shiba Eternity</strong> is the name of the long-awaited CCG game that was disclosed by the creators of the well-known meme cryptocurrency Shiba Inu [SHIB] in the early hours of August 2. Players can access the game on the Google Play Store and the Apple App Store. It is uncertain, nevertheless, whether this new game will be able to pique investors' interest in the flagging SHIB coin given the ongoing apathy of investors.</p><p dir="ltr">The Shiba Inu Developer Team introduced William David Volk, former Vice President of Technology for Activision, one of the largest game developers in the US, who has a long 36-year career in the game industry. play. Volk is expected to be the key for Shiba Inu to develop NFT Play-to-Earn (P2E) games.</p><p dir="ltr">So, can the Shiba Inu game announcement bring the Bulls back? This is not certain. However, the positive actions of the founders are also the basis for us to have faith in this. For example, Volk announced on Twitter that he will be showcasing the Shiba Inu P2E Shiba Eternity game at the next trade show. The senior game designer also shared some game-related knowledge on the Shiba Inu community to help them stay on top. He also included a photo in the tweet of suitcases he was planning to bring to the Gamescom conference, and he challenged SHIB fans to guess what was inside. Notable dates for Gamescom 2022.</p><p dir="ltr">Gamescom is the world's largest game event by exhibit space and number of visitors. Volk intends to use his influence to promote the game to a wider audience. It's no secret that the makers of the Shiba Inu Shiba Eternity video games are appreciating the massive popularity of the game. As a result, the number of concurrent users on the game's servers has been multiplied by 50.</p><p dir="ltr">Besides, it seems that deciding to choose Vietnam as the first place to experience Shiba Eternity was the right decision of the founding team. After a period of testing here, the game has received a lot of positive feedback so far. This is also considered a successful first step in the long-term development of the game. Therefore, investors also have grounds to hope that Shiba Eternity will revive the P2E game industry. However, the number of players in Vietnam is only a small part compared to players around the world. Let's wait for the day the game is widely released to all players and evaluate their feedback!</p><p dir="ltr"><strong>In conclusion</strong></p><p dir="ltr">No one dares to confirm whether this is the right direction of the Shiba Inu team when deciding to enter the P2E market. But looking at the response of the community, it can be seen that Shiba Inu's efforts are not enough. However, let's still watch and wait to see the new progress of the project and keep a close eye on the activities of whales and big investors. Finally, always do your own research before making any investment decisions.</p><div class="pr-block-special"><strong>Disclaimer:</strong><br>This article is intended for and only to be used for reference purposes only. No such information provided constitutes advice or a recommendation that any investment or trading strategy is suitable for any specific name.</div>

After nearly a year of waiting, in August, the game Shiba Eternity was officially released. Let's learn more about this P2E game through the following article!

Shiba Eternity - Will the Shiba Inu game revoke P2E and SHIB?