Yuga Labs to launch new metaverse ‘Otherside’
Yuga Labs who are creators of Bored Apes Yacht Club (BAYC) non-fungible token NFT collection have recently come out with the teaser of their new metaverse which is named “Otherside”. It will be available in April this year for the awaiting customers.
The teaser video was released last Saturday i.e. 19th of March 2022, and it also featured other NFTs launched by Yuga Labs. These NFTs include Mutant Ape Yacht Club and recently acquired CryptoPunks and Meebits.
See you on the Otherside in April. Powered by @apecoin pic.twitter.com/1cnSk1CjXS
— Yuga Labs (@yugalabs) March 19, 2022
Moreover ApeCoin which was set into motion in the previous week by Apecoin DAO will serve as the native token for the virtual world. With a trading volume of US$1.4 billion the previous day the stock price of ApeCoin reached US$10.28 at the time of writing.
According to the latest news, the iconic news publisher TIME magazine has just adopted ApeCoin, adding to its list of acceptable coins also including Bitcoin, XRP, Ether and Dogecoin.
The trailer for Otherside has sparked a lot of speculation among the project’s followers and the crypto community as a whole. Many people believe Otherside is a 3D gaming experience, while others say it is a new NFT marketplace. The definition of Otherside appears to be left on the community’s side. But its strategy is crystal clear.
Yuga Labs intends to expand the platform; a BAYC metaverse compatible with a variety of NFTs is on the way.
Jasia Junaid is a professional and experienced content writer working with NFT News. She is also working at other International companies. Jasia has remained a former article writer at Saakin real estate, foodytechy and scholarly net. With a great command over several niches, Jasia took a dive into the world of NFTs and proudly takes part in bringing up the latest authentic news on cryptocurrency, metaverse, and blockchain alot more at NFT News. In her spare time, she tries to read and organize more information related to on-going crypto trends around the world, do light blogging and surf the internet around.
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