Yuga Labs, a leader in the NFT market and the parent company of NFT collections such as Bored Ape Yacht Club (BAYC), 10KTF, TwelveFold, CryptoPunks, and Meebits, announced a strategic expansion of its partner network to scale and technically develop the Otherside metaverse.
Yuga Labs is excited to announce new strategic partnerships with @hadeaninc, @AccelByteInc, @badrhinogames, and @farawaygg that will propel the development of @OthersideMeta.
For more, read our official blog: https://t.co/wKKg1uUHIh.
— Yuga Labs (@yugalabs) September 20, 2023
Who are Yuga Labs’ new partners for the Otherside metaverse?
Among the new partners we can now see:
- Hadean, a company that will take on the task of modeling and implementing spatial technologies. These improvements will provide players with a more accurate virtual experience.
- AccelByte, a company that specializes in platform technologies and for the Otherside metaverse will provide its scalable and extensible server platform for live games.
- Bad Rhino Studios, a company that will enable communication in the metaverse through social and dynamic virtual experiences.
- Faraway, a development company that will further provide a fun, instant gaming experience.
The strategic alliances with globally renowned technology and creative experts are poised to usher in an era of cross-platform, real-time interactions that will bring the Otherside vision to life.
What is Yuga Labs’ goal and plans for developing the Otherside metaverse?
Yuga Labs, a longstanding advocate for metaverse interoperability, is eager to explore the myriad possibilities offered by OMA3, a coalition of web3 metaverse platform creators. By participating in OMA3’s board of directors, Yuga Labs is poised to contribute its expertise towards making virtual land, digital assets, ideas, and services seamlessly interoperable across platforms. This partnership underscores Yuga Labs’ unwavering commitment to advancing the cause of metaverse connectivity.
A core objective of Otherside is to enable people to achieve their creative, experiential, and economic goal. 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. Said Eric Reid, General Manager of Otherside
As Yuga Labs continues its relentless efforts to develop Otherside, it remains fully committed to transparency and community engagement. The development process will unfold in full view of the public, with real-time input and feedback from creators and the community steering the course. Yuga Labs’ overarching mission is to democratize the metaverse, placing the power squarely in the hands of creators and the community.