Imagine a world where digital items are bought and sold for more money than their real-world counterparts. A reality where people are willing to pay more for a virtual knife in a videogame than the finest chef knives in your local supermarket.

Does that sound like an insane idea? Not so fast!

While such an economy might sound like the imagination of some sci-fi author, the reality says otherwise. With the rise of the metaverse, the lines between physical and digital collectibles are getting blurred by the day.

Let’s understand why.


What’s Driving the Meteoric Demand for Metaverse

The Human Brain is Wired to Value Collectibles
Humans are wired to value items that are limited and collectible. This is exactly how cunning marketers managed to persuade the average citizen to fork thousands of dollars for a diamond ring. All in the name of love and romance.

It’s the same psychological need for collecting pretty and popular items that lead to a budding digital economy years ago.

Take popular video games like World of Warcraft, League of Legends, CSGO, and even modern indie titles like Rocket League. Each of these video games has a budding economy where people buy and sell virtual items from each other.

What comes as a surprise to people outside gaming circles is that this trade isn’t limited to in-game currencies either. People actually pay their real-world hard-earned fiat money to buy these digital items.

How much are they willing to pay? We’ve seen virtual knives, car skins, tires, and other items sell for upwards of several thousand dollars and more.


The Problem with Current Virtual Economies
What’s stopped digital collectibles from going mainstream is a major problem glaring back at any creator: the collectibles of a traditional gaming universe are limited to that universe only.

The only way for you to use or show off your items is by inviting people to join you in that game, in that universe. But the moment the game dies in popularity and people move on to newer titles, all your collectibles instantly lose their value.

The metaverse goes beyond these limitations by blurring the lines between the gaming universe and the world we live in.

Items bought in a metaverse ecosystem like Shihtzu are versatile. You can use and show them off not only within the game, but also other games, social media, and many other mediums.

On top of that, the Shihtzu metaverse enables users to trade these items outside the bounds of any single video game or creator platform. Instead, now your items live on the blockchain, where your ownership is forever etched into the very fabric of history.

The metaverse revolution isn’t limited to video games either. It goes far beyond that, covering aspects like music, art, social media, and many other venues.


Understanding the True Value of NFTs and Shihtzu Ecosystem

Unless you’ve been completely out of the loop on blockchain technology, you’ve likely already heard of NFTs.

Maybe you heard about the CryptoPunk #9998 piece that sold for $430 million last week. Or maybe a friend updated his Twitter profile photo to a swanky cartoon character and wouldn’t stop talking about these wonderful digital collectibles.

Whichever the case might be, what we know for sure is that NFTs are all the rage these days.

So let’s take a step back and try to understand what NFTs are and why the Shihtzu ecosystem is all about them.


A Primer on Non-Fungible Tokens
An NFT, short for a non-fungible token, is an advanced application of blockchain technology that’s completely revolutionizing the way we look at virtual collectibles.

While entire books have been dedicated to the technicalities of this exciting technology, we’re going to focus on the practical aspects only. So even a non-technical person can finally understand what the fuss about NFTs is all about.

What “non-fungible” means is that an item is unique and irreplaceable. There cannot be more than one of its kind. You cannot add or subtract from it. Think of it like the rare collector’s baseball cards. You can trade one for another. But each of those exclusive cards is unique.

So with NFTs, you get unique virtual collectibles that are easy to store, transfer, and keep records of. Blockchain technology is extremely transparent and serves as irrefutable proof of ownership.

To give you some examples, you can turn drawings, audio recordings, text snippets, Twitter tweets, in-game items, and pretty much every other virtual object into a tradeable NFT.

For instance, Jack Dorsey, the founder of Twitter, turned his first-ever tweet into an NFT and sold it for mouthwatering $2.9 million!


How Shihtzu is Bringing NFTs to the Mainstream Masses
Shihtzu is bringing NFTs to the mainstream in two big ways. First, there’s the SHIHTZU token, a fun meme coin that’s designed to attract the eyes of the mainstream consumer.

But unlike other meme coins, it’s backed by a powerful ecosystem of an easily accessible NFT minting system, marketplace, and a decentralized exchange to offer a smooth trading experience. Thus making it effortless for the average creator to launch and drop enchanting NFT collections on their audiences.

Furthermore, Shihtzu is launching a gaming metaverse where virtual collectibles go beyond the limitations of a single creator’s universe. Whether we talk about an in-game item or an online art piece, every virtual item on Shitzu becomes a versatile collectible that can be traded with a fun SHIHTZU token.

The gaming metaverse is especially powerful because now players get the chance to get paid to play their favorite video games. That’s because the collectibles within the game can now be traded for SHIHTZU tokens, which can in turn be traded into fiat currencies like USD if needed.


Ready to Become a Part of the Shihtzu Family?

Shihtzu is where NFTs meet the metaverse. Experts are already predicting that the metaversa will be a $1 trillion market soon. If you join today, this could be your second chance if you missed Doge and Shiba coin’s ascent to the moon. Now it’s Shihtzu’s time!

If you want to experience the power of this innovative project, be sure to visit the official website at Shihtzu.exchange.

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