Yuga Labs, the parent company of Bored Ape Yacht Club (BAYC), CryptoPunks, Meebits, and 10KTF, announced a new round of strategic partnerships this week in its ongoing efforts to continue developing its native metaverse, Otherside.
Yuga Labs is excited to announce new strategic partnerships with @hadeaninc, @AccelByteInc, @badrhinogames, and @farawaygg that will propel the development of @OthersideMeta.— Yuga Labs (@yugalabs) September 20, 2023
For more, read our official blog: https://t.co/wKKg1uUHIh.
Otherside launched in March 2022 as an MMORPG (Massively Multiplayer Online Role-Playing Game) that enables players to own virtual land through NFT deeds, directly tied to the BAYC ecosystem.
In helping expand Otherside, Yuga is bringing on the following additional partners that will help to enable cross-platform, real-time engagement:
- Hadean: This spatial technology company will play a critical role in building the core high-density simulation and networking solutions, enabling high-fidelity virtual experiences at scale. It obtained its first commercial contract with Microsoft in 2020, followed by a successful $36 million Series A funding round that included investments from Epic Games and Ericsson.
- AccelByte: Known for its scalable and extensible backend platform for live game services, AccelByte will utilize its native infrastructure.
- Bad Rhino Studios: This team of experienced game developers, designers, artists, and engineers will help create social and dynamic virtual experiences that allow players to connect.
- Faraway: Faraway will assist in developing engaging gameplay experiences, focusing on moment-to-moment interactions within the metaverse.
“A core objective of Otherside is to enable people to achieve their creative, experiential, and economic goals,” said Eric Reid, General Manager of Otherside. “The key to delivering a disruptive product of this scale is deep collaboration with creators and technologists. These best-in-class companies are aligned with our vision of Otherside as an interoperable platform built with, and in service of, our communities.”
Yuga is also an active member of OMA3, a coalition of web3 metaverse platform creators. The collective vision of OMA3 is to promote interoperability and transparency across platforms, digital assets, and communities.
Editor’s note: This article was written by an nft now staff member in collaboration with OpenAI’s GPT-3.5.