Bored Ape’s parent company will allow up to 10,000 holders of its Otherdeed NFTs to participate in the second gamified test of its Otherside metaverse platform.
Bored Ape Yacht Club parent company Yuga Labs on Wednesday announced new details for the second trial of its Otherside gamified metaverse platform.
According to the company, the “second voyage” will take place on March 25 and will include a two-hour storytelling experience led by four Otherside team captains. The second voyage is open to holders of Non-Fungible Tokens (NFTs) of Otherdeed, which are bound to land in the as-yet-unreleased Otherside metaverse. Each holder, referred to as a “traveler”, will have the opportunity to invite a guest to join them on the experience.
According to the company, the massive live experience will accommodate up to 10,000 travelers on a first-come, first-served basis. Non-holders can also watch a live stream of the event on the company’s YouTube channel.
Yuga Labs hosted its “first ride” in July 2022 for over 4,600 players, resulting in huge congestion on the Ethereum network. Travelers on the second voyage who attended the first voyage will be eligible to win a unique obelisk piece tied to the Overarching Other Side narrative.
Yuga Labs co-founders Wylie Aronow and Greg Solano told CoinDesk in December that the company views The Otherside as the intersection of all projects under its brand umbrella. The company first teased its metaverse ambitions in April 2022 as a platform where players could own land and turn their existing NFTs into playable characters. Yuga Labs initially sold 55,000 Otherdeed NFTs tied to virtual land ownership, raising around $320 million in primary sales.
According to OpenSea, Otherdeed NFTs have made 524,130 ETH (about $806 million) in total sales to date. The minimum price for an Otherdeed NFT at the time of publication is 1.9 ETH, or about $2,920.