Connect with us

Hi, what are you looking for?

NFT

Yuga Labs, Creator Of The Bored Ape Yacht Club NFT Collection, Dropped A Teaser Trailer For A New Project Called Otherside.

Yuga Labs, creator of the Bored Ape Yacht Club NFT collection, dropped a teaser trailer for a new project called Otherside.

The teaser itself doesn’t explicitly state what Otherside is, but recent hints — as well as details contained in a report by The Block’s Ryan Weeks — strongly suggest that Otherside will focus on the “culture, gaming, and commerce” invoked during this week’s announcement of ApeCoin. The teaser tweet indicates that the project will feature the use of ApeCoin.

As previously reported, Yuga Labs was said to be working on a gaming-centric virtual world compatible with different types of popular NFTs.

The teaser features examples from NFT collections such as Mutant Apes, CryptoPunks and Meebits — the latter of which were at the center of an IP acquisition deal between Yuga Labs and Larva Labs, the creator of CryptoPunks and Meebits. As of press time, the teaser has more than 60,000 views. 

On March 16, Animoca Brands subsidiary nWay tweeted that it was working on a new “play-to-earn game” in collaboration with BAYC. It’s not clear at this time if the teaser is directly related to that specific initiative. Animoca co-founder Yat Siu sits on the board of the decentralized autonomous organization tied to ApeCoin. 

ApeCoin is currently trading at roughly $14.20 per coin, according to CoinGecko data.

Featured

Bitcoin Mining

Despite a $72 million rescue offer from creditors, concerns have been raised about the general viability of the Bitcoin trading community amid a protracted...

Altcoin

Ripple is attempting an upside break above the $0.365 resistance zone against the US Dollar. XRP price could fail to gain pace if it...

Bitcoin

Bitcoin price is facing resistance near $17,000. BTC could start another decline unless there is a strong move above the $17,000 resistance zone. Bitcoin...

Ethereum

Ethereum started a fresh decline from the $1,320 resistance against the US Dollar. ETH is struggling and remains at a risk of a move...