The popular Bored Ape Yacht Club and Mutant Ape Yacht Club NFT collections’ creator, Yuga Labs, has revealed intentions to release the beta edition of its Otherside metaverse game early next year.

Greg Solano and Willie Aronow, the co-founders of Yuga Labs, revealed intentions to release the beta version of their metaverse game Otherside in the first quarter of 2023 in an exclusive interview with Punk 6529 on October 24.

Yuga Labs Will Release A Metaverse Game in Beta

The Persistent World, a freshly enhanced metaverse game, would, according to the creators of Bored Apes, have elements reminiscent to Roblox, a multiplayer virtual world game. Players may create and play NFT-supported virtual games on Roblox.

In spite of the current bad market, Roblox’s virtual game attracted a significant number of players in September, propelling it into the public eye. As of October 10, Roblox had 5.7 million members, more than 9.5 million creators, 40 million games, and more than 67% of its users were under the age of 16.

Yuga Labs expects to increase the popularity of the metaverse by following in Roblox’s footsteps. Wylie Aronow, the co-founder of Yuga Labs, made the following observation on “The Persistent World” metaverse game during the same interview with Punk 6529:

“I think we’re doing things the opposite of the way a lot of gaming companies do things, starting with the iterative development of the game. Usually, what you see is that you’ll probably get a teaser, a few months later you’ll get a trailer, three years later, you’ll get a game.”

Gaming in the Metaverse suffers amid a downturn

The metaverse game has also been affected by the wider crypto bear market, which started many months ago. The metaverse and NFT-related games have done badly in the overall NFT market, according to the crypto tracker Nansen.

A recent ideal example is Otherdeed, an NFT collection that enables users to purchase the virtual land at Otherside. The NFT collection has decreased over the previous week, falling as low as 1.13 ETH from the 1.6 ETH support level it had for many months.

Thanks to Dominic Kimani at Business 2 Community whose reporting provided the original basis for this story.

Caroline Shaw is a blogger and social media manager. She enjoys blogging about current events, lifehacks, and her experiences as a millennial working in New York.