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Metaverse April 24, 2022

Yuga Labs is Dropping Much Anticipated “Otherside” This Week

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Yuga Labs, the brains behind the Bored Ape Yacht Club and several NFTs besides, have been developing another project that has gained a lot of attention recently. The project called Otherside is going to be released at the end of the month on April 30th. They released a teaser trailer some time ago and it created a lot of anticipation around the flexibility and expansiveness of the project. Now we get to see it take off first hand, and before that happens we get to take a closer look at the offerings of the project itself.

 

 

 

“The demand and price of ApeCoin are also expected to skyrocket if the team decides to make ApeCoin the only payment system that could be used to purchase lands in the metaverse. That is debatable speculation for the future.-Watcher Magazine 

 

What Are They Planning?

Basically, the Otherside will be an expansive and open-world role playing game that is cross-compatible with several of the NFTs they have announced a partnership with. Not only this, but Yuga has released several other features they plan to include in the project as well.

The legends of NFT such as Cool Cats, Mutant Ape Yacht Club, World of Women, CryptoPunks, and Meebits NFTs are among the names we saw in the trailer, but there will likely be many more to come. Of course we can’t avoid speculations on the type of partnerships that these NFTs will be entertaining with YUGA in the near future, but we will keep you informed on the solid evidence when it comes up and is available.

MetaNews is your number one resource for information on the Metaverse and the markets. We deliver the relevant news, every day. Don’t forget to check us out on Twitter! @metanews_com. Our staff of expert researchers and copywriters are dedicated to bringing you the latest, most relevant information from all over the Metaverse and its affiliated properties. From commerce and finance, to technology and interconnectivity, MetaNews produces well researched, accurately sourced articles on a daily basis.

Billy Houghton is a top acclaimed and sought-after commodities futures trading expert. The expertise and in-depth level of analysis that is offered by Billy Houghton is what has managed to put him at the stage of being the top ranked author for MetaNews among multiple different categories. Throughout his career, Billy has specifically spent over three decades on Wall Street fine-tuning his skills, which included over two decades at a trading desk. In more recent times, specifically the last decade, Billy has been researching algorithms of AI in futures trading, and believes they are the future of trading. He started writing about the Metaverse, as he thinks its the future of everything AI related.

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Metaverse

Elemento Dragons is an upcoming NFT project

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The upcoming release of “Elemento Dragons” will have a collection of 8888 different NFTs, each of which was developed by hand. The benefits are varied and include the following: the holder will become the owner of a card depicting a character in an upcoming animated series and will be given the option to take part in activities that are exclusive to Elemento Dragons, all of which take place on the metaverse. Nonetheless, staking, charitable donations, royalties, and giving back to holders are the primary focuses of attention at this time.

Holders of an Elemento Dragons NFT would be giving themselves the peace of mind of knowing that the team will fulfill the roadmap and ensure that the long term promises of this project are met if they made the purchase of an Elemento Dragons NFT. In addition, they would be helping the team launch an astounding and creative project. The first public sale of Elemento Dragons will take place on the 25th of May, 2022 at 2:00 PM Eastern Standard Time.

The initial purchase price of Elemento Dragons will be 0.08 Eth during Phase 1, and it will grow by 0.01 Eth after that. There will be more than four phases to guarantee that the firm has the chance to meet all of the new holders and maintains its position as the most influential community on Web 3.0.

The purpose of the corporation is to maximize the amount of money that can be made from the investment

After Mint has been finished, the firm will announce around 40 charities spanning a wide variety of issues, and the community as a whole will be able to vote on which organizations should get donations. The top five charities will each get a donation of the same amount, and invoices will be posted on the Elemento Dragons Discord server.

After all of the tokens have been sold, the company will provide token holders awards as a way of saying “thank you” for their contributions to the ongoing success of the project and the community.

Twitter/ Discord

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Metaverse

GigaSpace partners for the metaverse

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GigaSpace, a virtual space metaverse, has announced a strategic cooperation with UCOLLEX, an innovative NFT platform specializing in art and pop culture collectibles. UCOLLEX will join “Project Spaceport,” a prior GigaSpace venture with MADworld aimed at bringing additional intellectual rights and businesses into the Web3 area.

A cultural space district is planned for Project Spaceport. When the Metaverse starts, brands will be able to establish their own virtual world. For the time being, they may expand their Web3 presence by having their logos and photos permanently affixed to the “Map of the Galaxy.”

UCOLLEX is the second NFT platform to join this project after MADworld

Other elements will contribute to the overall quality of the Space Metaverse experience. In the GigaSpace Metaverse, there will be a Museum of Brands. It will be a novel approach for businesses to promote their products, vision, and mission. Branded avatars are another fascinating aspect. These avatars will have a variety of functions.

In addition to bringing brands into the metaverse, UCOLLEX will give its VR technology to brands in the Museum of Brands, allowing them to create remarkable experiences and experiment with new methods to connect customers.

“This relationship will help us achieve our goal of eliminating the gap between artists and collectors by creating an environment where collectors can feel at home and pursue their passion,” stated Robert Tran, the founder of UCOLLEX. “We want to eliminate the gap between artists and collectors by creating an environment where collectors can feel at home and pursue their passion.”

UCOLLEX is a next-generation creators’ platform funded by Animoca Brands, a pioneer in digital entertainment focusing in blockchain and AI technologies, with the goal of making NFTs accessible to everyone. Animoca Brands and MCP IPX One Fund led a $10 million Series A fundraising round, which was successful.

Users may acquire land NFTs to create content and explore worlds in GigaSpace, a blockchain-based virtual space metaverse. It provides a platform for driving Web3 adoption by assisting companies and partners in establishing their presence in the metaverse.

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Metaverse

GreenPark creates new soccer NFT collection

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NFTs and digital match-day kits are now part of the social sports game company’s LaLiga license agreement. They may be used on a variety of fan sites in the metaverse, which is a virtual version of the actual world. The GreenPark app includes a number of digital environments based on prominent sports and esports events.

LaLiga’s universe premiered in August, allowing gamers to pick their favorite Spanish soccer team, engage in a variety of tasks and mini-games, and acquire goods for their digital avatar.

The goal of matchday uniforms based on clubs, players, and memorable moments is to strengthen this bond. Fans may purchase “lockers,” which include a pick of player uniforms from that day’s game.

“We’re constantly seeking for new ways to communicate and engage with our fans as one of the world’s best sports brands,” said Oscar Mayo, LaLiga’s executive director. “As part of this new licensing cooperation, we will give our followers the opportunity to live LaLiga and be a part of GreenPark’s metaverse with a unique NFT line of matchday jerseys.”

GreenPark is one of a number of startups relying on sports fans’ rising thirst for immersive, digitally native cheval chevaleries that make up the metaverse

Last year, the Los Angeles-based company secured $31 million in a series B financing round, which included the League of Legends Championship Series and the National Basketball Association.

GreenPark co-founder and CEO Ken Martin commented, “We are happy to bring first-of-its-kind digital memorabilia and in-game capabilities to LaLiga fans worldwide.” “For more than a century, fans have proudly donned jerseys portraying their favorite teams and players to celebrate their fandom.”

“The next phase of fandom is providing a new means for the next generation of social sports fans to digitally gather them and wear them into a virtual environment developed for sport,” says the author.

Major League Soccer and the MLS Players Association announced a new multiyear collaboration with GreenPark’s virtual fan world in February. Tony Grillo, GreenPark Sports’ chief strategy officer, said at the time, “GreenPark continues to construct and expand the go-to virtual environment for fans, one that… will deliver greater engagement and value for leagues.”

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