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The Shiba Inu team announced a new feature in the collectible card game 'Shiba Eternity' known as 'Duel Mode'. This competitive mode allows players to enter a head-to-head match, with each paying an entry fee of 50,000 SHIB, bringing the total fees per match to 100,000 SHIB.
The winner receives 80,000 SHIB (which is 80% of the total collected), while 10,000 SHIB (10%) is burned to reduce the circulating supply, and the remaining 10,000 SHIB is allocated as platform fees to support future development.
Lucy, the marketing head of the project, set an ambitious goal for the duel mode, which is to reach one million matches daily, potentially leading to the burning of 10 billion SHIB daily. At the current price of SHIB at $0.00001471, this translates to burning approximately $147,000 worth of tokens daily. This initiative aims to enhance player engagement with the game and contribute to reducing the circulating supply, which could boost the value of Shiba Inu over time.
Currently, the duel mode is only available on the Web3 version of 'Shiba Eternity', which is still in beta testing with no official release date. The Shiba Inu community is encouraged to actively participate, as widespread engagement is crucial to achieving daily burn goals and supporting the supply reduction strategy.