A cosmopolitan metaverse! – Yuga Labs, creator of the NFT Bored Ape Yacht Club collection, published a trailer for his metaverse project, Otherside. The teaser suggests a 3D gaming experience powered by Animoca. Also, it presents a multitude of NFT collections such as Mutant Apes, CryptoPunks and Meebits. Indeed, Yuga Labs recently acquired these from Larva Labs, the creator of CryptoPunks and Meebits. At the time of writing, the teaser already had more than1.5 million of views.
“See you on the other side in April” just points to the recent Tweet from Yuga Labs announcing Otherside. However, there are strong indications that Otherside will focus on the ” culture, games and commerce “. The teaser tweet also indicates that the project will use the ApeCoin (APE) recently launched by the firm.
The trailer for the project opens with a Bored Ape fishing at the edge of a body of water. He feels a pull on his cane, pulls up his grip, and sees it’s a bottle labeled “DRINK ME.” The monkey complies, and finds himself kidnapped by a flying visitor. The video then references a host of other NFT collections. Indeed, Mutant Ape Yacht Club, Cool Cats, CryptoPunks, CrypToadz, Meebits, Nouns and World of Women seem to be in the game.
Thursday, the developer blockchain metaverse Animoca, famous for The Sandbox, tweeted that it is also entering the BAYC universe. Animoca Brands also announced that they would use ApeCoin for a project secret developed with the BAYC.
Clicking on the link in the tweet takes users to a mysterious page where they are asked to connect their Metamask. Pay close attention to details : we see a porch there. Under the latter, a door and neon lights from which the words “FOMO”, “BAYC” and “305” come to us. If you watched the teaser released by Yuga Labs, these details should strike you familiar.
>> Play it safe, register on the reference of FTX crypto exchanges (affiliate link) <<
A more than productive week for the Bored Ape
Considering the BAYC franchise’s past week, this teaser still kicks ass to all the hype around the collection. Indeed, the speculations on where Yuga Labs and the Monkeys will be packing their bags next is just getting started. At this point, there aren’t many details on what Otherside will be. However, the various announcements of the week suggest an experience of 3d game BAYC developed by Animoca.
Thursday, March 17, 2022 saw the launch of ApeCoin. Bored and Mutant Ape Yacht Club owners can now claim the token. ApeCoin DAO, a decentralized autonomous organization that is officially affiliated with the BAYC franchise launched this token. Press materials surrounding the launch painstakingly hinted thatApeCoin DAO was not to be equated with Yuga Labs or Bored Ape Yacht Club. Indeed, the latter are both centralized entities, which is not compatible with a DAO.
ApeCoin DAO recruited personalities eminent of the crypto community to sit on its board of directors. We find there in particular the co-founder of Reddit Alexis Ohanian, Amy Wu of FTX without forgetting Yat Siu, the co-founder of Animoca. The latter will sit for six months on the board of directors. Then, ApeCoin holders will vote for new members who will serve for one year.
Despite a push marketing huge collection of monkeys, today’s teaser wasn’t enough to stem ApeCoin’s losses over the past twenty-four hours. As of this writing, the 37th largest cryptocurrency by market capitalization has fallen by 7.66% according to CoinMarketCap. Indeed, not all media antics will necessarily be effective for the token. However, the Bored Ape Yacht Club keeps the banana and recovers little by little from its million dollars in APE token inadvertently offered to a clever user.
The man descends from the monkey and he has not yet arrived at the bottom! If you want to go up a few branches, register now on the FTX reference crypto exchange platform and benefit from a lifetime reduction on your trading fees (affiliate link, see conditions on official site).