Bored Apes creator announced a new metaverse
The project called Otherside can be launched in April 2022
21.03.2022 - 12:00
286
2 min
0
What’s new? Yuga Labs, the creator of one of the most popular NFT collections, Bored Apes Yacht Club (BAYC), is preparing to launch its own metaverse called Otherside. The announcement, with a video trailer of the virtual world, was posted on the Yuga Labs Twitter.
What is known about the new metaverse? The preliminary launch of the project is scheduled for April 2022. The APE token will be a native asset in the virtual worlds of the metaverse.
ApeCoin (APE) was released on March 17, 2022. NFT holders from the Bored Ape Yacht Club collection could receive the new tokens for free, with 15% of the APE issue allocated for distribution. In just two days after the launch, the price of the asset reached a high of $17,1, with ApeCoin trading at $10,47 as of March 21.
Yuga Labs had previously reported plans to create a gaming-focused metaverse called MetaRPG. It will be compatible with multiple NFTs. Another important component will be an APECoin token that can be used for purchases in the Yuga app. Whether the Otherside metaverse will become a separate project or part of the MetaRPG development plans is not yet known.
Useful material?
Telegram 
Twitter Technologies
A user who is a victim of crypto fraud can post a freeze request on assets with a decentralized court
Sep 26, 2022
Market
A total of 372 146 new .eth domains were registered in September
Sep 26, 2022
Incidents
The rate of the LUNA token reacted to the news by a drop of 8% per day
Sep 26, 2022
Crypto regulations
To do this, analytics company Inca Digital will map the market for digital assets
Sep 26, 2022
Crypto regulations
In his opinion, the commission’s position caused the positive dynamics of the XRP price
Sep 25, 2022
Market
According to him, the asset is supported by more than 20 mining pools from around the world
Sep 24, 2022