On Saturday, the game developed by Yuga Labs invited 4,300 players – called “Travelers” – to a first technical demonstration and a tour of the immersive online platform in which monkey avatars navigate. All Otherside players will need to board or view one of these “first trips” to be able to participate in the game, which has not yet fully launched.
The 4,300 gamers who took part in yesterday’s digital excursion into the “biogenic swamp” which constitutes the center of Otherside were all holders of a “otherdeed“, that is, a title deed to a digital piece of land within the platform. In a litepaper published shortly after yesterday’s First Trip, the developers of Otherside announced that only owners of Otherdeeds and “selected third-party developers” will be allowed to participate in the game during its first phase.
— The Metaverse (@themetav3rse) July 16, 2022
According to the litepaper, the “Phase 1” will see Otherdeed owners navigate through Voyager’s Journeyan 11-part narrative game”around a mysterious Obelisk that appeared in the Otherside universe“. During Phase 1, Otherdeed owners will be able to help build the platform and shape its core capabilities as co-developers, through the Otherside Development Kit, the platform’s suite of building tools. .
“We believe in the extraordinary power of community and have seen firsthand how it can be a significant force for the good of this industry.“, indicates the litepaper. “We want to encourage, empower and recognize the expression, creativity and ingenuity of the Otherside contributor community.”
The litepaper also reaffirms Otherside’s commitment to interoperability, meaning the ability of digital assets to freely traverse the many digital neighborhoods, or gaming platforms, that may one day constitute the navigated metaverse. by avatars. Proponents of aopen metaverse“, like Yuga Labs, sees interoperability as key to the ethics of a future democratized and accessible Internet. These proponents have spoken out about the risk posed by mega-corporations like Meta (formerly Facebook), which may attempt to keep their metaverse offerings tightly bounded, in order to retain control of user data and analytics.
On Friday, Gordon Goner, one of the co-founders of Yuga Labs, said in a tweet that Otherside is in direct competition with “giants” from Web2, but expressed optimism that “the future will lean towards the open and interoperable metaverse“.
Making something iteratively, with participation from the community along the way and at each milestone, feels like the only authentic way to build a true metaverse.
— GordonGoner.eth (@GordonGoner) July 15, 2022
The fact that Otherside is currently only accessible to its digital owners sets it apart from other major metaverse platforms, which are open to all internet users. The cheapest Otherdeeds on the market are currently selling for 2.8 ETH, or just under $3,800, according to data from CoinGecko. When Otherdeeds launched in April, in a 24-hour sale that generated $561 million in revenue and heavily congested the Ethereum network, that floor price was $5,800.
Exclusivity and extremely high financial barriers to entry are key elements of the recipe that has made Yuga’s Bored Ape Yacht Club perhaps the most popular and recognizable NFT brand in the world. Yesterday’s announcement underscores the potential tension between this spirit of scarcity and Yuga’s stated desire to make Otherside a central part of the fight for a “open metaverse“.