Bored Ape Yacht Club's parent company, Yuga Labs, hosted a live in-person demo of its Otherside gamified metaverse world tailored to Bored Ape holders, soliciting live feedback from members of its original community. "The Hash" panel discusses the latest developments around the BAYC ecosystem amid crypto winter.
The NFT mega-company has been hard at work building out a virtual playground for its Web3 community, and its latest live demo is aimed at bringing Bored Ape Yacht Club holders back to the center of its universe.
The floor price for Bored Ape Yacht Club NFTs has sunk and creator royalty payments shrunk to their lowest in two years. Plus, Tom Brady’s sports collectibles site Autograph is reportedly moving away from crypto.
As we look to onboard new users into Web3, experts argue that gaming is the ideal vehicle for adoption “because there are so many gamers in the world who are already used to trading digital items and buying digital things.”
Yuga Labs new CEO Daniel Alegre discusses at Consensus 2023 why he thinks gamers want to participate in the creative environment of gaming and be a part of the Web 3 ecosystem Plus why he thinks users will flee if they think that the metaverse and Web 3 are just about swindling them out of [...]