As Bored Ape Yacht Club creators Yuga Labs prepare to launch the Otherside metaverse, NFT marketplace OpenSea has announced that it is now accepting ApeCoin.
This announcement comes just days after APE became the largest token in the metaverse by market capitalization. ApeCoin, as of this writing, is up 1.3% in the past 24 hours and over 33% in the past week, according to data compiled by CoinMarketCap.
—ApeCoin (@apecoin) April 30, 2022
Otherside is a metaverse gaming world — built in partnership with game publisher NFT Animoca Brands — that brings together a number of projects, including the Apes, CryptoPunks, Meebits, and Cool Cats.
Yuga Labs also plans to release “Otherdeed” NFTs, which would be similar to The Sandbox and Decentraland and signify ownership of virtual land. Otherdeeds will go on public sale and will be offered to owners of Bored Ape and Mutant Ape.