• BTC Dominance: %
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Otherside Metaverse demo kicks off with 4,500 participants: highlights

Jon Hartney by Jon Hartney
July 18, 2022
in Bitcoin, Blockchain, Business, Market
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

The highly anticipated first trip into the Otherside Metaverse went off with 4,500 users, as the project’s Otherdeed NFTs surpassed $1 billion in sales.

Around 4,500 people havejumped into the “first trip” tech demo of the Otherside Metaverse project associated with Yuga Labs’ Bored Ape Yacht Club (BAYC).

The highly anticipated first trip occurred on July 16 and was open to Otherdeed NFT land owners, known as Voyagers, who have all snapped up tokenized land plots in the Otherside virtual world. It appears to have been a resounding success, with numerous community members taking to Twitter to express their enthusiasm for the event.

Related articles

Bitcoin derivatives data shows room for BTC price to move higher this week

January 23, 2023

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

January 22, 2023

Today's @OthersideMeta First Trip was truly a wild experience! Jumping through the swamp portal legit gave me chills and it was insane to see 4500 voyagers running around a large, immersive space. pic.twitter.com/Nl5luxaZl3

— illuminary.eth (@illuminaryETH) July 16, 2022

The first trip

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

Such an incredible experience. @OthersideMeta
Here are my favorite screenshots from the first trip: pic.twitter.com/XiQkwp9SZm

— WRΞN (@wrencrypt) July 16, 2022

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

In the early testing phases of the project, which includes several “trips,” Yuga Labs stated that 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 software development kits and in-game building tools.

Otherside Metaverse: Yuga Labs

Litepaper

Shortly after the first trip went live, Yuga Labs released a “litepaper” giving a brief of the principles behind Otherside and how the project will progress moving forward. Initially, there will be three phrases; however, only the first one has been outlined so far.

Today’s tech demo has ended. Thank you to all the Voyagers who participated: we'll tweet here when your credit is ready later today. If you’re already hungry for more Otherside, we’ve released a litepaper: https://t.co/XPlNEwPGCC. See for more

— OthersideMeta (@OthersideMeta) July 16, 2022

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

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

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

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

Related: Believe it or not, metaverse land can be scarce after all

Otherdeed NFTs

The Otherdeed NFTs have seen strong demand since their launch in May, with the collection generating more than $1 billion worth of sales volume in just three months, according to data from CryptoSlam. In terms of all-time sales, the figure placed Otherdeed as the seventh highest selling NFT project ever.

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

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

Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Bitcoin derivatives data shows room for BTC price to move higher this week

by Jon Hartney
January 23, 2023
0

BTC options data suggest that the Bitcoin price rally still has legs, even with wider economic concerns growing and the

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

by Jon Hartney
January 22, 2023
0

BTC could take a break from its sharp rally and if BTC price bounces off underlying support, APE, MANA, AAVE...

Genesis bankruptcy case scheduled for first hearing

by Jon Hartney
January 22, 2023
0

The first hearing in Genesis Capital's bankruptcy case will be held on January 23, according to court filings

Terra lending protocol Mars to launch mainnet

by Jon Hartney
January 22, 2023
0

The Mars Hub will launch an independent Cosmos application chain and issue MARS to users who hold the token during...

Central African Republic eyes legal framework for crypto adoption

by Jon Hartney
January 22, 2023
0

A 15-member committee is tasked with working on a legal framework that will allow cryptocurrencies to operate in

Load More
  • Trending
  • Comments
  • Latest

Ethereum Classic gets ‘endorsement’ from Vitalik Buterin, but ETC price still risks 50% crash

July 27, 2022

Critique on Helium’s $6.5K monthly revenue causes a stir

July 28, 2022

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

July 7, 2022

Cardano Vasil hard fork hit with another delay for several weeks

July 29, 2022

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0

Crypto owners banned from working on US Government crypto policies

0

Korean startup Uprise lost $20M shorting LUNC

0

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0

Bitcoin derivatives data shows room for BTC price to move higher this week

January 23, 2023

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

January 22, 2023

Genesis bankruptcy case scheduled for first hearing

January 22, 2023

Terra lending protocol Mars to launch mainnet

January 22, 2023

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Bitcoin derivatives data shows room for BTC price to move higher this week January 23, 2023
  • Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher January 22, 2023
  • Genesis bankruptcy case scheduled for first hearing January 22, 2023
  • Terra lending protocol Mars to launch mainnet January 22, 2023
  • Central African Republic eyes legal framework for crypto adoption January 22, 2023

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • bitcoinBitcoin(BTC)$22,878.00-1.78%
  • ethereumEthereum(ETH)$1,640.68-2.27%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$325.70-1.91%
  • usd-coinUSD Coin(USDC)$1.000.02%
  • rippleXRP(XRP)$0.396966-1.32%
  • Binance USDBinance USD(BUSD)$1.00-0.06%
  • cardanoCardano(ADA)$0.387765-2.80%
  • dogecoinDogecoin(DOGE)$0.089467-3.43%
  • matic-networkPolygon(MATIC)$1.270.21%
  • OKBOKB(OKB)$44.58-2.91%
  • SolanaSolana(SOL)$22.81-4.56%
  • Lido Staked EtherLido Staked Ether(STETH)$1,640.08-2.26%
  • polkadotPolkadot(DOT)$6.71-3.69%
  • Shiba InuShiba Inu(SHIB)$0.000013-6.93%
  • litecoinLitecoin(LTC)$98.03-3.14%
  • AvalancheAvalanche(AVAX)$19.90-4.20%
  • tronTRON(TRX)$0.0664810.47%
  • daiDai(DAI)$1.00-0.04%
  • UniswapUniswap(UNI)$6.73-3.52%
  • cosmosCosmos Hub(ATOM)$14.89-1.75%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$22,884.00-1.54%
  • chainlinkChainlink(LINK)$7.13-0.91%
  • ToncoinToncoin(TON)$2.28-3.69%
  • ethereum-classicEthereum Classic(ETC)$22.48-2.80%
  • leo-tokenLEO Token(LEO)$3.36-0.35%
  • moneroMonero(XMR)$166.39-0.95%
  • bitcoin-cashBitcoin Cash(BCH)$130.62-3.57%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.09%
  • stellarStellar(XLM)$0.090349-1.83%
  • AptosAptos(APT)$14.57-10.03%
  • Lido DAOLido DAO(LDO)$2.807.01%
  • NEAR ProtocolNEAR Protocol(NEAR)$2.573.55%
  • CronosCronos(CRO)$0.082634-1.23%
  • ApeCoinApeCoin(APE)$5.66-6.18%
  • filecoinFilecoin(FIL)$5.29-4.79%
  • algorandAlgorand(ALGO)$0.280294-0.08%
  • QuantQuant(QNT)$138.30-2.20%
  • HederaHedera(HBAR)$0.073585-0.60%
  • vechainVeChain(VET)$0.025525-4.30%
  • Internet ComputerInternet Computer(ICP)$5.65-3.26%
  • The GraphThe Graph(GRT)$0.177159-10.74%
  • The SandboxThe Sandbox(SAND)$0.83-7.18%
  • FantomFantom(FTM)$0.51-12.38%
  • Axie InfinityAxie Infinity(AXS)$11.861.32%
  • decentralandDecentraland(MANA)$0.75-6.53%
  • AaveAave(AAVE)$85.22-3.76%
  • eosEOS(EOS)$1.08-3.85%
  • FlowFlow(FLOW)$1.10-8.73%
  • MultiversXMultiversX(EGLD)$45.71-4.95%
  • theta-tokenTheta Network(THETA)$1.13-5.50%
  • tezosTezos(XTZ)$1.21-2.40%
  • Terra Luna ClassicTerra Luna Classic(LUNC)$0.000179-3.06%
  • FraxFrax(FRAX)$1.00-0.26%
  • Frax ShareFrax Share(FXS)$13.426.58%
  • paxos-standardPax Dollar(USDP)$1.000.05%
  • true-usdTrueUSD(TUSD)$1.000.25%
  • Rocket PoolRocket Pool(RPL)$46.8310.66%
  • huobi-tokenHuobi(HT)$5.31-7.21%
  • Curve DAOCurve DAO(CRV)$1.10-0.87%
  • kucoin-sharesKuCoin(KCS)$8.63-1.77%
  • havvenSynthetix Network(SNX)$2.64-10.07%
  • bitcoin-cash-svBitcoin SV(BSV)$42.68-2.10%
  • ChilizChiliz(CHZ)$0.152240-7.73%
  • ImmutableXImmutableX(IMX)$1.00-11.72%
  • PancakeSwapPancakeSwap(CAKE)$4.611.17%
  • USDDUSDD(USDD)$0.99-0.14%
  • eCasheCash(XEC)$0.000037-3.39%
  • BitTorrentBitTorrent(BTT)$0.000001-1.59%
  • dashDash(DASH)$62.97-5.23%
  • makerMaker(MKR)$770.57-4.45%
  • BitDAOBitDAO(BIT)$0.59-1.96%
  • Mina ProtocolMina Protocol(MINA)$0.81-7.13%
  • iotaIOTA(MIOTA)$0.242421-3.65%
  • KlaytnKlaytn(KLAY)$0.207568-3.90%
  • GateGate(GT)$4.43-0.74%
  • neoNEO(NEO)$9.05-1.59%
  • Trust WalletTrust Wallet(TWT)$1.53-5.09%
  • OKCOKC(OKT)$33.423.24%
  • ArweaveArweave(AR)$11.62-9.62%
  • OptimismOptimism(OP)$2.71-12.29%
  • OsmosisOsmosis(OSMO)$1.10-0.89%
  • cUSDCcUSDC(CUSDC)$0.022749-0.01%
  • zcashZcash(ZEC)$44.72-4.49%
  • gemini-dollarGemini Dollar(GUSD)$1.000.19%
  • THORChainTHORChain(RUNE)$1.87-4.54%
  • singularitynetSingularityNET(AGIX)$0.459020-28.72%
  • GMXGMX(GMX)$65.91-6.87%
  • cDAIcDAI(CDAI)$0.022155-0.02%
  • Baby Doge CoinBaby Doge Coin(BABYDOGE)$0.0000000.42%
  • Tokenize XchangeTokenize Xchange(TKX)$6.80-0.31%
  • RenderRender(RNDR)$1.69-19.66%
  • RadixRadix(XRD)$0.050292-0.39%
  • PAX GoldPAX Gold(PAXG)$1,868.140.24%
  • enjincoinEnjin Coin(ENJ)$0.493833-5.47%
  • Fetch.aiFetch.ai(FET)$0.466130-19.49%
  • zilliqaZilliqa(ZIL)$0.030048-2.90%
  • cETHcETH(CETH)$33.20-1.55%
  • Convex FinanceConvex Finance(CVX)$6.30-5.58%