News Report
April 26, 2022

Bored Ape ‘Otherside’ Metaverse Drops Next Week, ApeCoin Soars to Record High

The company behind the Bored Ape Yacht Club, Yuga Labs, announced the launch date of the ‘Otherside’ metaverse. The anticipated virtual world of Bored Apes, co-created with the gaming Animoca Brands, is launching on April 30, 12 PM ET. Last month, the project released a teaser featuring famous NFTs meeting each other in the metaverse. 

The 3D play-to-earn metaverse game won’t be exclusive to Apes – World of Women, CryptoPunks, Cool Cats, Meebits, and other NFTs will also be welcomed into the space and will be used as personal avatars. 

ApeCoin, already released on March 17, will be the official token of ‘Otherside.’ It was created as a governance, utility token for Web3 economy in the Bored Ape Yacht Club universe. The hype of the metaverse project caused the increase in the token’s price. In the last 24 hours, ApeCoin reached its record price – $17.84. It’s a 53% increase in the past seven days.

Virtual land is one of the items that can be purchased with ApeCoin, and holders of the token are part of the ApeCoin DAO. Owners of Bored Apes and Mutant Apes receive the tokens by default.

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Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in Literary Studies from the University of Amsterdam and has an extensive background in writing about a wide range of topics including cybersecurity, travel, art, and culture. She has also volunteered as an editor for the animal rights organization, “Open Cages,” where she helped raise awareness about animal welfare issues. Currently, Agne splits her time between Barcelona, Spain, and Vilnius, Lithuania, where she continues to pursue her passion for journalism. Contact her on [email protected].

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Agne Cimermanaite
Agne Cimermanaite

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in Literary Studies from the University of Amsterdam and has an extensive background in writing about a wide range of topics including cybersecurity, travel, art, and culture. She has also volunteered as an editor for the animal rights organization, “Open Cages,” where she helped raise awareness about animal welfare issues. Currently, Agne splits her time between Barcelona, Spain, and Vilnius, Lithuania, where she continues to pursue her passion for journalism. Contact her on [email protected].

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