Get All Access for $5/mo

Bored Ape Yacht Club NFT's could launch their own metaverse, details here A short video on the social networks of Yuga Labs, the creator of the NFT's, gives some clues about the project...

This article was translated from our Spanish edition.

somethingisbrewing.xyz

NFT's Bored Ape Yacht Club collection is one of the most famous in the world. Made up of 10,000 unique pieces that exist on the Ethereum blockchain, it has revolutionized the market and its owners include celebrities such as Eminem, Jimmy Fallon and Stephen Curry. In addition, the Universal Music label is already developing a virtual music group based on four of the apes in the collection and no one can deny the impact they have had on digital pop culture.

Last week Yuga Labs , the creator of NFT's (non-fungible tokens, that is, cryptographic assets that represent something unique) announced the arrival of ApeCoin (APE) , its own cryptocurrency. Now it presents a preview of Otherside , which could be its own metaverse, to be released next April.

Through a post on its Twitter account, the company released an animated video about Otherside in which one of the legendary apes appears resting on a bed next to a river while listening to the song " Break on Through (to the Other Side) " by The Doors. After catching a bottle containing a strange glowing potion and drinking it, the character has a series of strange visions featuring characters from other Yuga Labs NFTs: Mutant Ape Yacht Club, World of Women, CryptoPunks, Cool Cats, Nouns, and Meebits. .

The advance does not give further explanations, but its aesthetic refers to the world of video games and thousands of users have begun to speculate about the launch. A possible clue to solve the mystery is a post on the Twitter account of Animoca Brands , the video game developer that has also dabbled in creating metaverses. His tweet comments that "Animoca Brands is pleased to announce that we will be using @ApeCoin for the secret project we have been developing with @BoredApeYC" ; The post is accompanied by a link to sign up for somethingisbrewing.xyz , a landing page that shows the same dock where the ape was fishing with a button to install MetaMask, a browser extension that allows you to interact with Ethereum.

What is Yuga Labs planning? Just a video game based on his characters or a complex metaverse that powers his new cryptocurrency? Place your bets. There is nothing left to wait.

FOLLOW ENTREPRENEUR'S SOCIAL NETWORKS IN SPANISH: FACEBOOK + TWITTER .

Eduardo Scheffler Zawadzki

Entrepreneur Staff

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

The Side Hustle He Started in His College Apartment Turned Into a $70,000-a-Month Income Stream — Then Earned Nearly $2 Million Last Year

Kyle Morrand and his college roommates loved playing retro video games — and the pastime would help launch his career.

Marketing

5 SEO Hacks to Help You Rank Fast

Discover the best SEO hacks you can use to rank fast and avoid waiting for months to see results.

Starting a Business

Inside the Exclusive Private Club Devoted to Food, Wine and the Arts

Barrett Wissman breaks down the passions and partnerships behind his latest venture Domus Artium Reserve.

Business News

Elon Musk Threatens to Ban Employees from Using Apple Products, Says Will Lock Devices in 'Cages'

The Tesla founder sounded off on X following Apple's 2024 Worldwide Developer Conference on Monday.

Collaboration

Watch Out for These 5 Consequences of Too Much Collaboration

Beware of the collaboration trap! Too much collaboration causes overload, and well-intentioned efforts to have broad collaboration can backfire.

Science & Technology

Why We Shouldn't Fear AI in Education (and How to Use It Effectively)

Facing resistance to new technologies in the educational process is nothing new, and AI is no exception. Yet, this powerful tool is set to overcome these challenges and revolutionize education, preparing students and professionals for a future of unparalleled efficiency and personalized learning.