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- Bored Ape Yacht Club founder Yuga Labs has teased their upcoming metaverse via their Twitter handle by posting a video teaser.
- On Thursday, ApeCoin DAO released BAYC’s native token APE, which Mutant and Bored Ape holders can claim.
- As of this writing, ApeCoin was trading at a market value of $10.51, bearish by 8.52% in previous 24 hours.
Metaverse On “Otherside”?
If you are a Bored Ape Yacht Club fan, this will be an exciting news for you. BAYC metaverse is probably on its way, as their founders Yuga Labs, teased a video on Twitter.
Trailer commences with a Bored Ape fishing by a waterside shore. Hew suddenly feels stress on his fishing rod, which turns out to be a bottle containing some kind of potion, labeled “DRINK ME.”
As Bored Ape follows instruction, catastrophic events start to happen, (or kind of hallucinations Ape experiences after drinking a potion) and realizes complete tag was “DON’T DRINK ME.”
Video ends with Bored Ape being carried away by a creature similar to wombat featured in Shang-Chi and The Legend of Ten Rings, with reference to other NFT channels: World of Women, Nouns, Meebits, CrypToadz, CryptoPunks, Cool Cats, and Mutant Ape Yacht Club.
Now, looking at how this week remained a prominent one for BAYC NFT channel, this video is a curiosity creator to all hype and speculation regarding Yuga Labs’ strategies to take BAYC ahead.
At this point, there is little information regarding on how “Otherside” will be. In overall, this week’s several announcements recommends a 3-dimensional gaming experience driven by Animoca.
The ApeCoin Launch
Just a few days back, ApeCoin was released, a token indigenous to BAYC, which Mutant Ape, as well as Bored Ape holders, can claim. ApeCoin DAO released this token, which is undoubtedly associated with Bored Ape franchise.
As per a press release around, this release painstakingly explained that ApeCoin DAO was not to be squared with BAYC or Yuga Labs, which are both centralized bodies.
ApeCoin DAO has hired a robust team handpicked from crypto community to act on its board, including Amy Wu (FTX) and Alexis Ohanian (Co-Founder of Reddit). Both individuals will remain with project for half a year. After this, voting will be held by ApeCoin holders to take decisions on latest members who will serve for a year’s term.
On same day, Animoca Brands, known for Sandbox, posted a tweet announcing that it is stepping into Bored Ape Yacht Club universe.
If “Otherside” is, in fact, on its way, this will be an exhilarating experience for not just BAYC enthusiasts but for everyone, as the teaser exhibits a mesmerizing universe, where aforementioned NFT channels will come alive.
As this article was being written, APE, indigenous token for Bored Ape Yacht Club, was trading at a market value of $10.51, bearish by 8.52% in previous 24 hours.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
