Sunday, April 14, 2024

Yuga Labs “Foundational Principles” of the Metaverse Platform are covered in the litepaper.

Yuga Labs has already launched their apecoin, as well as the metaverse named Otherside. Now, the creators of the non-fungible tokens BAYC have come out with a litepaper on their Otherside. According to the team, this litepaper is like a guide for beginners, when it comes to the Otherside. It also lets people know what the foundational principles are, for their platform. It details the capabilities that the developers have, and talks about co-creation among the community.

The Otherside Litepaper

On July 16th 2022, the creators of BAYC, Yuga Labs, released their litepaper through Twitter. The Otherside is nothing more than a metaverse that is fuelled by the Bored Ape Yatch Club. This is a virtual world based on the blockchain, that has upwards of 200,000 plots of land available.

All this land is virtual of course. The non-fungible tokens for this metaverse are known as ‘otherseeds’. These can both be bought as well as sold through an open market. The litepaper about Otherside provides details regarding the possibilities that are offered. Yuga Labs went on to explain that they are looking forward to experiencing what the gaming community will be able to create. This will help them to extend the possibilities associated with the metaverse.

The Otherside is platform about world-building. Players can connect with other, create things, compete with each other, as well as explore the world together. The metaverse Otherside land adventure is due to begin its Phase 1 soon, and players known as Voyagers, have been invited to participate.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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