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.

Editor's Pick

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

Business News

Amazon Has a Blank Book Problem: Buyers Report Receiving Fakes of Bestselling UFO Book

The book looked fine on the outside, but the inside was out-of-this-world.

Business News

Paramount Leadership Alludes to Layoffs If Merger Does Not Go Through

Paramount is awaiting approval on its merger with Skydance Media from majority shareholder Shari Redstone.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.

Side Hustle

10 Online Side Hustles Proven to Boost Your Bank Account

Even the busiest schedules can accommodate finding a precious few hours to create a profitable online venture — something that many are already mastering.