• Market Cap: $1,554,825,232,400.30
  • 24h Vol: $58,771,166,867.84
  • BTC Dominance: 49.60%
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
Otherside Metaverse demo kicks off with 4,500 participants: highlights
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

The Big Move: Crypto Pundit Predicts When Bitcoin Will Reach A New ATH

The Big Move: Crypto Pundit Predicts When Bitcoin Will Reach A New ATH

December 2, 2023
What Is Polygon Matic: An Explainer

What Is Polygon Matic: An Explainer

December 2, 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

The Big Move: Crypto Pundit Predicts When Bitcoin Will Reach A New ATH

The Big Move: Crypto Pundit Predicts When Bitcoin Will Reach A New ATH

by Jon Hartney
December 2, 2023
0

The Bitcoin future price trajectory has been the talk for many months, as many analysts expect the next surge anytime...

What Is Polygon Matic: An Explainer

What Is Polygon Matic: An Explainer

by Jon Hartney
December 2, 2023
0

Polygon (MATIC) is one of Ethereum’s premier scaling solutions This article addresses critical questions such as “What is Polygon”, “What...

Do Kwon: What Happened To The Terra Luna Founder?

Do Kwon: What Happened To The Terra Luna Founder?

by Jon Hartney
December 2, 2023
0

Few names have sparked as much intrigue and controversy as Do Kwon (sometimes called Kwon Do) From the meteoric rise...

XRP Price Set To Explode: Analyst Identifies Trigger For Next Parabolic Move

XRP Price Set To Explode: Analyst Identifies Trigger For Next Parabolic Move

by Jon Hartney
December 2, 2023
0

Crypto analyst JD has once again commented on XRP making a “parabolic” move This time around, he has identified exactly...

Bitcoin Miner Revenue Sees Massive 6-Month Crash – What’s Going On?

Bitcoin Miner Revenue Sees Massive 6-Month Crash – What’s Going On?

by Jon Hartney
December 2, 2023
0

Despite Bitcoin being up over 100% year-to-date (YTD), a recent report shows that this hasn’t necessarily translated to profits for...

Load More
  • Trending
  • Comments
  • Latest
NEXO risks 50% drop due to regulatory pressure and investor concerns

NEXO risks 50% drop due to regulatory pressure and investor concerns

September 30, 2022
51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

October 14, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

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

July 7, 2022
Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

October 11, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

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

0
Crypto owners banned from working on US Government crypto policies

Crypto owners banned from working on US Government crypto policies

0
Korean startup Uprise lost $20M shorting LUNC

Korean startup Uprise lost $20M shorting LUNC

0
Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

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

0
The Big Move: Crypto Pundit Predicts When Bitcoin Will Reach A New ATH

The Big Move: Crypto Pundit Predicts When Bitcoin Will Reach A New ATH

December 2, 2023
What Is Polygon Matic: An Explainer

What Is Polygon Matic: An Explainer

December 2, 2023
Do Kwon: What Happened To The Terra Luna Founder?

Do Kwon: What Happened To The Terra Luna Founder?

December 2, 2023
XRP Price Set To Explode: Analyst Identifies Trigger For Next Parabolic Move

XRP Price Set To Explode: Analyst Identifies Trigger For Next Parabolic Move

December 2, 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

  • The Big Move: Crypto Pundit Predicts When Bitcoin Will Reach A New ATH December 2, 2023
  • What Is Polygon Matic: An Explainer December 2, 2023
  • Do Kwon: What Happened To The Terra Luna Founder? December 2, 2023
  • XRP Price Set To Explode: Analyst Identifies Trigger For Next Parabolic Move December 2, 2023
  • Bitcoin Miner Revenue Sees Massive 6-Month Crash – What’s Going On? December 2, 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)$39,422.001.62%
  • ethereumEthereum(ETH)$2,160.883.18%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$228.57-0.28%
  • rippleXRP(XRP)$0.620.85%
  • solanaSolana(SOL)$64.144.96%
  • usd-coinUSDC(USDC)$1.000.04%
  • staked-etherLido Staked Ether(STETH)$2,160.143.21%
  • cardanoCardano(ADA)$0.3972892.97%
  • dogecoinDogecoin(DOGE)$0.0858641.88%
  • tronTRON(TRX)$0.1034210.04%
  • chainlinkChainlink(LINK)$15.964.22%
  • ToncoinToncoin(TON)$2.440.81%
  • avalanche-2Avalanche(AVAX)$22.311.24%
  • matic-networkPolygon(MATIC)$0.811.17%
  • polkadotPolkadot(DOT)$5.540.89%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$39,330.001.47%
  • Wrapped stETHWrapped stETH(WSTETH)$1,865.160.38%
  • daiDai(DAI)$1.00-0.02%
  • litecoinLitecoin(LTC)$71.870.01%
  • shiba-inuShiba Inu(SHIB)$0.0000092.01%
  • uniswapUniswap(UNI)$6.130.68%
  • bitcoin-cashBitcoin Cash(BCH)$230.041.78%
  • leo-tokenLEO Token(LEO)$3.86-3.12%
  • okbOKB(OKB)$57.94-0.26%
  • stellarStellar(XLM)$0.1213871.18%
  • moneroMonero(XMR)$172.680.34%
  • KaspaKaspa(KAS)$0.1391890.96%
  • true-usdTrueUSD(TUSD)$1.00-0.07%
  • ethereum-classicEthereum Classic(ETC)$19.712.90%
  • cosmosCosmos Hub(ATOM)$9.520.82%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.11%
  • crypto-com-chainCronos(CRO)$0.0921521.53%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • filecoinFilecoin(FIL)$4.642.41%
  • lido-daoLido DAO(LDO)$2.410.19%
  • internet-computerInternet Computer(ICP)$4.760.15%
  • thorchainTHORChain(RUNE)$7.079.08%
  • hedera-hashgraphHedera(HBAR)$0.0618951.15%
  • AptosAptos(APT)$7.444.79%
  • nearNEAR Protocol(NEAR)$1.992.73%
  • BittensorBittensor(TAO)$317.566.95%
  • immutable-xImmutable(IMX)$1.40-0.91%
  • MantleMantle(MNT)$0.54-0.66%
  • vechainVeChain(VET)$0.0230451.62%
  • binance-usdBUSD(BUSD)$1.000.04%
  • optimismOptimism(OP)$1.744.02%
  • aaveAave(AAVE)$103.632.81%
  • injective-protocolInjective(INJ)$17.81-0.99%
  • quant-networkQuant(QNT)$100.86-0.07%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • makerMaker(MKR)$1,542.120.36%
  • the-graphThe Graph(GRT)$0.1517590.44%
  • ArbitrumArbitrum(ARB)$1.105.72%
  • render-tokenRender(RNDR)$3.610.24%
  • Rocket Pool ETHRocket Pool ETH(RETH)$2,364.793.29%
  • CelestiaCelestia(TIA)$8.8019.21%
  • elrond-erd-2MultiversX(EGLD)$46.071.08%
  • havvenSynthetix Network(SNX)$3.695.20%
  • algorandAlgorand(ALGO)$0.1483325.78%
  • blockstackStacks(STX)$0.822.21%
  • theta-tokenTheta Network(THETA)$1.076.01%
  • flowFlow(FLOW)$0.680.44%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • bitcoin-cash-svBitcoin SV(BSV)$49.935.34%
  • First Digital USDFirst Digital USD(FDUSD)$1.00-0.03%
  • iotaIOTA(IOTA)$0.31464027.66%
  • fantomFantom(FTM)$0.3203240.51%
  • the-sandboxThe Sandbox(SAND)$0.4248981.70%
  • WEMIXWEMIX(WEMIX)$2.6510.35%
  • axie-infinityAxie Infinity(AXS)$6.611.34%
  • neoNEO(NEO)$12.4210.16%
  • terra-lunaTerra Luna Classic(LUNC)$0.00015010.08%
  • BitDAOBitDAO(BIT)$0.592.96%
  • decentralandDecentraland(MANA)$0.4539652.99%
  • kucoin-sharesKuCoin(KCS)$8.172.99%
  • kavaKava(KAVA)$0.800.78%
  • eosEOS(EOS)$0.700.89%
  • WhiteBIT CoinWhiteBIT Coin(WBT)$5.450.03%
  • galaGALA(GALA)$0.0266921.84%
  • tezosTezos(XTZ)$0.861.55%
  • mina-protocolMina Protocol(MINA)$0.74-0.32%
  • Bitget TokenBitget Token(BGB)$0.51-4.06%
  • usddUSDD(USDD)$0.98-0.96%
  • illuviumIlluvium(ILV)$112.390.75%
  • Pyth NetworkPyth Network(PYTH)$0.4530616.81%
  • xdce-crowd-saleXDC Network(XDC)$0.0487110.60%
  • ORDIORDI(ORDI)$32.0636.55%
  • fraxFrax(FRAX)$1.000.03%
  • Frax EtherFrax Ether(FRXETH)$2,159.583.72%
  • klay-tokenKlaytn(KLAY)$0.1952962.21%
  • Tokenize XchangeTokenize Xchange(TKX)$7.983.66%
  • SuiSui(SUI)$0.620.75%
  • BlurBlur(BLUR)$0.5710.90%
  • CloutContractsCloutContracts(CCS)$52.461,000.00%
  • CheeleeCheelee(CHEEL)$11.441.46%
  • ecasheCash(XEC)$0.0000313.17%
  • dydxdYdX(ETHDYDX)$3.354.13%
  • frax-shareFrax Share(FXS)$7.953.21%