What Is Otherside Metaverse? Read This To Know More About the Bored Ape Metaverse

This post is all about what is Otherside metaverse and its details. The Otherside Metaverse by Yuga Labs is one of the metaverse projects

Prasanna Peshkar

Prasanna Peshkar

November 17, 2022 9:35 AM

What Is Otherside Metaverse? Read This To Know More About the Bored Ape Metaverse

The Web3 world is a hot topic. New projects always enter this world with innovations and benefits. One such project is Otherside. This post is all about what is Otherside metaverse and its details. The Otherside Metaverse by Yuga Labs is one of the metaverse projects. Let’s take a look at it in more detail.

What is Otherside Metaverse?

The adventure begins. Otherside. 4/30, 12pm ET.

P.S. Otherside Discord is open: https://t.co/ZPj7nbyBePhttps://t.co/jL61iSy97d

Otherside is a metaverse project developed by Yuga Labs. It was Yuga Labs that developed the Bored Ape Yacht Club NFT. Otherside is a metaverse that is still in evolution. It is anticipated to be a mixture of games like World of Warcraft and other Web3 virtual worlds. The idea is that “players hold the world, the NFTs can become personalities, and numerous players can play together in real-time.”

In this world, the NFTs are active and adjust as users communicate with the objects and resources on their land. Otherside is anticipated to contain other NFT projects such as Cool Cats, CryptoPunks, Cryptoadz, and World of Women. 

The Otherside is a portion of the galaxy and parts of the archipelago, with islands stretching from the Biogenic Swamp at the base and moving outwards to the Infinite Expanse. There are five deposits that lands are made upon:

Users’ Otherdeed is the key to a special combination of environment, sediment, and treasures. And on a very rare, a Koda roams. Kodas are beasts with various features, armed or unarmed, occupying 10% of plots in Otherside. These plots haphazardly accepted the bizarre Kodas upon their reveal. The actual utility of these bizarre beasts is still unfamiliar but the community is despairing to learn what Yuga Labs has in stock. Of course, there’s much endless conjecture. It might be a different PFP NFT collection, but only time will tell.

Every portion of land in the Otherside facilitates up to four replenishing aids that users will be able to gather and operate. These are:

These are the raw materials users will utilize to shape this world. The Otherside metaverse is a regular, myriad terrain. It includes 200,000 properties of “land” that are unrestricted via the purchase, or minting, of “Otherdeeds“. 

What Is Otherside Metaverse and What are Otherdeeds?

What is Otherside Metaverse: Image source: Otherside

Otherdeeds are NFTs that work as identification deeds for the properties of virtual land. To mint these Otherdeeds needs the purchase of ApeCoin ($APE). The APE is the native token for the whole Ape ecosystem and the lawful tender in this whole metaverse. The mint price is 305 ApeCoin per Otherdeed. 

According to the website, the minting will be accomplished in waves — the price per Otherdeed will remain exact, and the per-wallet limitation will rise. At the beginning of the sale (wave 1), there will be a limitation of 2 Otherdeeds coined per wallet. As soon as gas rebounds to moderate levels and the number of wallets minting decreases, wave 2 will start, during which KYCed wallets can mint up to an extra 4 Otherdeeds. Each addition in the per-wallet limitation will be notified on the Otherside official channels: Twitter, and Discord.

There are four conditions to mint in the sale:

A sum of 55,000 Otherdeeds is available for buy by KYCed wallets. The claim limitation is 1 Otherdeed per MAYC or BAYC NFT (must be claimed within 21 days of the sale end). The claim is free, but regular gas fees apply. Users can buy Otherdeeds on the secondary market on the official Opensea only.

Every Otherdeed is an active NFT, created as a collection of all of its features, from resources to Kodas. Rather than a fixed picture of a portion of land, the Otherdeed is created to develop along with what users prefer to do in the game. 

How are Otherdeeds distributed?

Ape coin holders were given a guideline to stick to for the opening day. According to Otherside’s official Twitter page @OthersideMeta, the guidelines contained the following:

How to Access Otherside Metaverse?

Users require ApeCoin to purchase The Otherside Land. The perfect place to purchase the land is OpenSea. To do this, users require a software wallet like Metamask and cryptocurrencies to fund their wallets. 

Otherside Announcement and APE Coin Price Analysis

APE/USD Weekly- – GoCharting

As mentioned earlier, the Otherdeed mint is payable in ApeCoin. This news started a new order for ApeCoin. As a result, the APE price was increased to $25 for a few days only. Yet, the price decreased after many users decided to trade after the $APE-only mint was concluded. At the time of writing this, the APE price is sitting at $3.03.  The price could further increase because of the 10KTF and WENEW acquisition announcement.

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Prasanna Peshkar
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Prasanna Peshkar

Prasanna Peshkar is a seasoned writer and analyst specializing in cryptocurrency and blockchain technology. With a focus on delivering insightful commentary and analysis, Prasanna serves as a writer and analyst at CryptoTicker, assisting readers in navigating the complexities of the cryptocurrency market.

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