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Bored Ape Yacht Club’s Otherside metaverse beta launches in 2023

Bored_Ape_Yacht_Club's_Otherside_metaverse_beta_launches_in_2023

Otherside metaverse, a large virtual universe is making an online multiplayer game like Roblox. Greg Solano, who helped start Yuga Labs and made the Bored Ape Yacht Club NFT collection, said that the beta version of the Persistent World game would come out in 2023.

The video game Otherside Metaverse is set to come out in 2023.
Greg Solano, co-founder of Yuga Labs, says that the Otherside metaverse-based game “The Persistent World” will come out in 2023. Starting in 2023, players will be able to play the beta version of the game, which has parts that are similar to Roblox, a multiplayer virtual world game.

It is likely that the game will do better if Roblox does well. At its peak, Roblox had 5.7 million active users on October 10, 2022. Roblox has more than 40 million games and 9.5 million developers. About 67% of the people who play the game are under 16 years old.

Yuga Labs, which made the Bored Ape Yacht Club NFT collection, develops games in a different way than traditional publishers. The team is quickly hiring people who have NFTs to be Otherside testers.

A quote from Yuga Labs co-founder Wylie Aronow says:
I think we’re doing things in contrast to the way a lot of gaming companies would do things, starting with the iterative development of the game itself. Typically, what you would see is you’d maybe get a teaser, a few months later you get a trailer, three years later, you get a game.

Yuga Labs says that users will be able to learn about the Otherside metaverse through different “trips” that let them explore different parts of the soon-to-be-built virtual world.

Popularity is hard to come by for prestigious NFT projects and metaverse tokens.

Nansen, a company that tracks crypto intelligence, says that NFTs with a focus on gaming or the metaverse are the worst performers on the market. Nansen made the Gaming-50 and Metaverse-20 indexes so that it would be easy to keep track of what NFTs doing in gaming and the metaverse were doing.

The Gaming-50 index has gone down by 69%, while the Metaverse-20 index has gone down by 38%. Every day, these indices are calculated, and every 30 days, they are rebalanced. This makes them performance standards for the industry.

Analysts at Nansen who look at the premium NFT collections that make up the index say that the damage is worse than it looks.

The Otherdeeds collection is one of the most popular NFT projects. It lets users claim land on the Otherside. The collection finally broke through a floor price of 1.6 ETH that had been in place for months, and the price went as low as 1.13 ETH.

About Nicolle

She is an Indian Freelance writer. She loves thinking, learning, and writing about all things Web3.

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