Here’s how Bored Ape Yacht Club’s Otherside Metaverse launch went

Sahana Kiran
Bored Ape Yacht Club
Source – Otherside

The NFT collection, Bored Ape Yacht Club [BAYC], created by Yuga Labs, garnered massive traction over the last year. Following the success of this collection, Yuga Labs decided to explore the metaverse with Otherside. Over the weekend, the firm gave a peek into the metaverse gaming platform, Otherside. This was a huge success as its first tech demo saw the arrival of 4,300 individuals.

While the game is yet to debut, Otherside players were urged to join the “First Trip” to a part of it. The 4,300 players were called “Voyagers” and witnessed the first look of the demo.

These Voyagers were allowed to explore a few areas and even tested the dynamics of their avatar, including running, jumping, and dancing. In the demo, the Voyagers were required to follow a vast Bored Ape into the Otherside. Following this, they were directed toward the Biogenic Swamp.

Additionally, the Bored Ape Yacht Club’s Otherdeeds collection played a vital role here. The Biogenic Swamp acted as the center of the Otherside, where plots will be made available.

Otherside: Phase 1

The Otherside project will reportedly occur in three phases; however, only one has been formulated. The Otherside rolled a litepaper, highlighting the first phase and the entire project.

Web3 games have been garnering immense attention. Touted as the next big thing, several platforms are diving into the same. Therefore, Yuga Labs has been putting its all into this platform.

The first phase of the game is expected to entail a whopping 11-part storyline mode. A mysterious Obelisk seen in the Otherside will be the highlight of this phase. Through this, Voyagers can play individually or team up to harvest, craft, trade, buy and sell. Elaborating on the same, the litepaper further read,

“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).”

Furthermore, it should be noted that Phase 1 is limited to Otherdeed owners and selected third-party developers.

Otherdeed NFT sale volume on an upward trajectory

It looks like the Bored Ape Yacht Club fervor traversed to Otherdeed NFTs. Following its launch in May 2022, the collection has bagged $1 billion in sales, and this comes during a time when NFT trading volumes have been relatively low.

A recent report pointed out that May witnessed NFT trading volumes of about $4 billion. However, these numbers plummeted in June by 74 percent, bringing them down to $1.04 billion.

Bored Ape Yacht Club
Source

Additionally, it seems like this sentiment has traveled into July as well.