Otherside by Yuga Labs, Improbable, and Animoca Brands launching First Trip July 16.

Otherside is Metaverse world created by the BAYC founders Yuga Labs, in partnership with Improbable (the developers) and Animoca Brands. This is supposed to be a P2E metaverse, but much of the fine details are closely guarded. A few months ago they launched the NFTs for Otherside, Otherdeeds, and the mint caused Ethereum to grind to a halt for hours and tens of millions worth of ETH were burned. It's quite an expensive entry point, but this project has massive potential and a lot of crypto millionaires are betting big. Some of the rare "deeds" NFTs are selling for $300,000+ USD already, and around $3,000 is the lowest entry point right now (which is a bargain IMO). There is going to be a lot of money flying around this project, and those with a marketing background could find some juicy opportunities. There is also some idea that those who buy early and take part in the early testing will be gifted another deed for free later for helping to develop the project. With 200,000 total Otherdeeds to be released, it's ambitious. Yuga Labs and Animoca Brands (and their investors) are likely ready to put in hundreds of millions of dollars into this project. The Metaverse will utilize APE coin for all of their transactions, and Yuga Labs stands to earn billions if APE coin is widely adopted.

Anyone else in on this?

Stay away from all this, it is a big scam. If you want to be part of crypto and have $300000, invest in bitcoin and forget about it for next 10 years.

k2h2 said:

Stay away from all this, it is a big scam. If you want to be part of crypto and have $300000, invest in bitcoin and forget about it for next 10 years.

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Really funny. Yuga Labs is a billion-dollar American corporation, Animoca Brands is a billion-dollar Hong Kong company, and Improbable is a game development company headquartered in London, they have been in business for 10 years and have government contracts with the US and UK governments to use their technology to train their military. It's like saying that League of Legends or World of Warcraft is a big scam. NFTs have pumped prices because of Ethereum whales, but this particular project has massive P2E potential, unlimited financial backing for marketing and development, and a community of thousands of millionaires ready to deploy capital to support it.

Sure, you might 5x your money on Bitcoin in the next 10 years, but with NFT and Metaverse projects, you might 5x your money (or more) in the next 10 months. Bitcoin has no ability to pivot if regulation makes it less attractive. Metaverse projects are easier to pivot and less likely to attract negative attention from regulators. The risk is that nobody wants to use them because they just aren't fun, but we have seen that early adopters can still find financial success with Axie Infinity.

Am bullish on any to do with BAYC founders Yuga Labs.