Yuga Labs has recently unveiled new information regarding the second trip of its Otherside metaverse platform, which will take place on March 25. The event will feature a two-hour narrative experience led by four Otherside team captains and will be available to those who hold Otherdeed non-fungible tokens (NFTs) linked to their land in the Otherside metaverse.
The company refers to the token holders as “voyagers,” and they will have the opportunity to invite a guest to join them in the experience. The event will allow up to 10,000 voyagers on a first-come, first-served basis, and a live stream of the event will be available to non-holders on the company’s YouTube channel.
Holders of Otherdeeds NFTs will have a 15-minute head start to the second trip, but they must arrive on time as the story begins. The official link to the second trip will be available on the Yuga News website. The Yuga Labs team warned Voyagers and interested visitors to be careful and on the lookout for phishing or scam links.
The first trip in July 2022 saw over 4,600 players and congestion on the Ethereum network. Voyagers who attended the first test will be eligible to receive a unique Obelisk Piece linked to the overall Otherside narrative.
We came, we saw, we made fart noises. Here, a look back at our unforgettable inaugural First Trip together. 4,620 players, 2,560 live-stream views, and Koda booty for DAYS. Can’t wait for the next one. pic.twitter.com/t3un1xmorZ
— Othersidemeta (@OthersideMeta) August 4, 2022
Metaverse ambition
Yuga Labs co-founders Wylie Aronow and Greg Solano have confirmed that the company considers The Otherside as the point where all their brand projects intersect. The company first revealed its metaverse ambitions in April 2022 as a platform where players can own virtual land and use their existing NFTs as playable characters.
The Otherside boasts an impressive 200,000 parcels of land, each represented by its own Otherdeeds token, which can be traded on OpenSea.
Some Otherdeeds may come with artifacts and a scarce creature called a Koda. These unique characteristics determine the rarity and value of each NFT. The NFTs also have a secondary characteristic — the type of sediment on which the land is built.
This adds another layer of value and rarity to each NFT, with five different tiers of sediment available — Biogenic Swamp, Chemical Goo, Rainbow Atmos, Cosmic Dream and Infinite Expanse.
Owning Otherdeeds grants access to a range of exclusive experiences in the Otherside Metaverse, including special in-person events, prototype demos, and more.
In its initial sales, the company earned about $320 million from selling 55,000 Otherdeed NFTs connected to virtual land ownership. Otherdeed NFTs have sold a total of 524,130 ETH (approximately $806 million), according to OpenSea.
The Otherside adventure will begin on 4/30 at 12pm ET, only on https://t.co/UWRD4dOC9H. The KYC on https://t.co/mbSVzDX9tp was to participate in Saturday’s mint — only those who KYCed can participate. More details in the 🧵.
— Othersidemeta (@OthersideMeta) April 25, 2022
Revolutionizing the industry
Yuga Labs has taken a step towards revolutionizing the world of digital assets and art collections by leveraging the power of blockchain technology. Their pioneering NFT collection, the Bored Ape Yacht Club, has garnered significant interest from the art world and beyond.
Yuga Labs has become a trailblazer in the new era of NFTs, where digital content such as music, art and video can be owned, traded and sold much like traditional collectibles. It is also making waves in the virtual gaming world with Otherside.
Aronow explained that the metaverse is more than just an extension of their brand – it represents a significant step forward for the internet. He recognizes the potential for dystopian outcomes but sees the Otherside as a platform for unique and exciting experiences rather than a mundane workspace.
“The idea of clocking into work in the metaverse in a really unfun way sounds hellaciously dystopian,” he said.
