Otherside Metaverse Demo Kicks Off With 4,500 Participants: Highlights

About 4,500 people jumped into the “first voyage” technology demonstration of the Otherside Metaverse project associated with Yuga Labs’ Bored Ape Yacht Club (BAYC).

The highly anticipated first voyage took place on July 16 and was open to Otherdeed NFT landowners, known as Voyagers, who all collected tokenized plots of land in the Otherside virtual world. It appears to have been a smash hit, with many community members taking to Twitter to express their excitement for the event.

The first trip

The 4,500 Voyagers first joined a blank virtual lobby as Voyager avatars before all following a giant Bored Ape through a colorful portal to the Otherside Metaverse. Once the Voyagers arrived at a place called the Biogenic Swamp, they were directed to a centrally located stadium where they could test out avatar dynamics like dancing, running, jumping, and emojis.

From there, they were able to explore a few other select areas and interact with the environment, which featured giant creatures walking around attacking Voyagers if they got too close.

In the early testing phases of the project, which includes several “trips”, Yuga Labs said only Otherdeed owners and third-party developers would be able to access Otherside. The team noted that these Voyagers would be able to provide critical feedback on the platform and essential aspects such as SDKs and in-game build tools.

Otherside Metaverse: Yuga Labs

Litepaper

Shortly after the launch of the first trip, Yuga Labs published a ‘litepaper’ giving a brief overview of the principles behind Otherside and the progress of the project moving forward. Initially, there will be three sentences; however, only the former has been described so far.

The first phase will include an 11-part game mode around a “mysterious obelisk” that appeared in Otherside. The game mode will also allow users to explore what can be “harvested, crafted, traded, bought and sold” in the game.

“Travelers will play an important role in building the core capabilities of the platform through exclusive events, playtesting opportunities, and as co-developers of our Otherside Development Kits (ODKs )”, reads the litepaper, adding that:

“In order to plant the seeds of a thriving community, we are beginning development on Otherside with Voyagers, who are our early adopters and believers. They are a crucial part of Otherside’s history and are invited to join Voyager’s Journey.

In terms of principles, Yuga Labs said the platform is designed with a community-based approach, “genuine” asset ownership, and interoperability that will see support for NFTs from other projects. The team also hopes to include incentives and support such as education, experience, and leadership from partner entities that are well “established and respected” in the crypto space.

Related: Believe it or not, metaverse lands can be rare after all

NFT other acts

Otherdeed NFTs have seen strong demand since their launch in May, with the collection generator over $1 billion in sales volume in just three months, according to data from CryptoSlam. In terms of all-time sales, the figure places Otherdeed as the seventh best-selling NFT project of all time.

Yuga Labs also notably has a strong presence in the top 10, with its other original projects, BAYC and the Mutant Ape Yacht Club (MAYC), ranked as the third and fourth best-selling NFT projects of all time at $2.3 billion. dollars and $1.6 billion. sales each.

There are 200,000 tokenized plots of land in Otherside, and the floor price for NFTs on OpenSea is 2.87 Ether (ETH), worth around $3,900 at the time of writing. However, these prices are generally for smaller, lower level plots of land.

Margie D. Carlisle