VOLUME SALES DROPPED DOWN OVER $900 MILLION!
As investors lose hope and sell their assets to escape space, this crypto winter is getting worse and worse. This has impacted more than only the market’s tokens and coins. In this downturn, the NFT industry has suffered collateral damage. The Otherside NFT collection suffered a significant decline in the area. It is the next metaverse developed by Yuga Labs, the BAYC designers.
On April 30, 2022, Yuga Labs—the company behind BAYC, MAYC, and ApeCoin—launched Otherside. It will be an online role-playing game based on the Bored Ape Ecosystem. It can allow 10,000 players to play the game simultaneously. In addition, the Bored Ape collection includes 10,000 memorabilia.
However, it cannot be confirmed because more collections were included when Yuga Labs posted the clip on Twitter. In addition, other collections like Meebits, CryptoPunks, and others were shown at the end of the trailer movie, exploring the digital world in a submerged or floating vehicle. As a result, there is a higher chance that owners of certain NFTs may gain entry to the upcoming metaverse.
