KEY POINTS
Yuga Labs, the corporate behind the Bored Ape Yacht Membership (BAYC) assortment, is ready to launch its new NFT sport, Venture Dragon, this week.
The announcement was made on July 18 by way of an X (Twitter) submit from Otherside, Yuga Labs’ gaming metaverse challenge. In line with the submit, the sport will launch on July 27 at midday ET.
The submit specified that “Meebits, Voyagers, Kodas, BAYC, MAYC, BAKC, Grailed, Moonbirds, Kodamara, & HVs” can all attend the occasion, with extra particulars to be shared quickly.
Greg Solano, Yuga Labs’ co-founder and CEO, added in a repost, “Lots more info to come. But for now, save the date.”
Particulars in regards to the sport are restricted, however Solano talked about in a July 18 submit that the sport will characteristic “action gameplay” the place gamers might want to “Capture a point and defend it.”
Greg Solano resumed the position of CEO at Yuga Labs in February, specializing in new plans for the corporate’s varied tasks. He emphasised gaming and dedicated to concentrating efforts on areas the place the corporate has seen success.
The Otherside metaverse is one such profitable challenge for Yuga Labs. It’s an adventure-based, multiplayer sport that operates by way of “Trips.” The sport recorded 4,500 concurrent gamers throughout its first journey and seven,200 throughout the second.
A 2023 report by The Block Analysis highlighted the success of Yuga Labs’ Otherside challenge within the NFT land sale market, producing over $3 million in 2023. The “Otherdeeds” assortment — 100,000 NFTs that supply digital land possession throughout the Otherside metaverse — topped the checklist.