What is the otherside metaverse?
The Otherside metaverse is a virtual world that merges elements of MMORPGs and blockchain metaverses.
It is under development by Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC) NFT collection.
The metaverse uses ApeCoin as its native currency and provides players the opportunity to construct and monetize tools and objects in their virtual lands.
Introduction to the Otherside Metaverse
The Otherside metaverse is a virtual world that merges the possibilities of MMORPGs and blockchain metaverses. It is a platform for building virtual worlds based on the Ethereum network.
Players within Otherside have the opportunity to explore the metaverse as an NFT avatar, engage and compete with other players, and even acquire virtual lands and resources to construct and monetize various tools and objects.
The Creators of the Otherside Metaverse
The Otherside metaverse is under development by Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) NFT collection. Yuga Labs intends to bring its Non Fungible Token collections to life in the Otherside metaverse.
The Functioning of the Otherside Metaverse
In the Otherside metaverse, players have the opportunity to own virtual lands with unique features and rare artifacts. They can use their land to construct anything from a simple virtual tool to a full-fledged NFT game and monetize their creations.
The metaverse supports the use of NFTs as playable avatars, and some NFTs within Otherside are dynamic, meaning they can interact with virtual items and resources and receive an upgrade.
Tokens in the Otherside Ecosystem
The Otherside Metaverse ecosystem includes two types of Ethereum tokens: ERC-20 tokens and ERC-721 tokens (NFTs).
ApeCoin (APE) is an ERC-20 token used within the Otherside metaverse.
NFTs from the Yuga Labs ecosystem such as BAYC, MAYC, Kennel Club, and CryptoPunks will be available as game characters within the Otherside metaverse. Otherdeeds are dynamic NFT lands that evolve as you progress in the game and they are a part of the Otherside Metaverse.
