Yuga Labs is in the news again with the unveiling of Otherside, the metaverse that brings together various collections of non-fungible tokens (NFTs). The game, developed with the studio Animoca Brands, was officially announced on Saturday in a trailer that gave us several bits of information for the sequel.
Yuga Labs presents its metaverse called Otherside
This month of March is undoubtedly just as good that of Yuga Labs their announcements keep comingthe latest to date also gives more details about their metaverse.
On Saturday, the studio shared a one and a half minute trailer on Twitter. This video with neat animation visuals, against a background of ” Breakthrough “ from the group The doors teaches us at the same time the name of the game. If we had announced MetaRPG to you first, it would be sooner opposite side which was kept:
— Yuga Labs (@yugalabs) March 19, 2022
So the Yuga Labs metaverse is planned for the month of April. And if until then we were unsure about the elements present in the universe, the announcement answers our questions.
The video starts recording the visual codes that were initially discovered on website and YouTube channel from Bored Ape Yacht Club (BAYC). we see amonkey fishing for a bar on behalf of the franchise, the latter then catches a drink which he hastily drinks.
This results in it being transported to the opposite side where he meets characters from different collections non-fungible tokens (NFT):
- SharkDAO / Nouns;
- World of women;
- cool cats;
- Mutant Ape Yacht Club (MAYC);
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A boon for the NFT market
While it hasn’t been explicitly confirmed yet, all of these appearances in the trailer strongly suggest that Otherside is a Play 2 Earn using NFTs belonging to the various universes mentioned above.
It is also interesting to note that the announcement has noticeably benefited from the secondary market. Indeed, if the NFT sector has experienced a decline in activity since the end of January, the volume of the collections concerned has recovered.
For example, we can illustrate the phenomenon with CrypToadz, which shows the most significant evolution. This bottomed out on March 9 with an average price of 1.89 ETH per NFT for a volume of 12 sales over 24 hours. Saturday, the day of the announcement of Yuga Labs, the volume peaked at 581 sales for an average price of 3.95 ETH.
For their part, BAYC and MAYC also confirmed the trend that had taken shape after the ApeCoin (APE) token was unveiled. Indeed, members of the community with amonkey goods eligible for an airdrop.
Pending more information about this universe, it is already possible to register at somethingisbrewing.xyz and perform your Know Your Customer (KYC) verification. This therefore acts simultaneously, speculation about the partnership with game studio NFT’s Animoca Brands. In fact, this in preparation for 7 monthsactually concerns this new project.
👉 Related – Individual Manages to Borrow Bored Monkeys To Receive $1.1 Million Worth Of ApeCoins
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