Epcoin price rises after Yuga Labs’ other tech demo

Apcoin’s price has started the week on a positive note after Yuga Lab’s Bored Ape Yacht Club (BAYC) opened its Otherside Metaverse for business and invited 4,300 “Voyagers” who ‘took a first-look tech demo’ for the week. OtherDeeds’ (Digital Land Deeds). And last Saturday’s visit. At the time of writing, APE was trading at $5.89 (around Rs 471) after hitting a daily high of $6.07 (approximately Rs.485). The price of APE has jumped by about 35 per cent in the last one week.

ApeCoin, which can be claimed by BAYC and Mutant Ape Yacht Club (MAYC) holders was launched by the Apcoin DAO earlier this year. Utility Tokens spin-off projects from the BAYC universe, most notably the BAYC-inspired metaverse game Otherside.

Back in May, the Otherdeed Mint briefly sent Ethereum The cost of gas on the moon was more than $ 157 million (about Rs 1,256 crore) after burning in gas fees in ether.

Some reported paying more than double the sale price of 305 ApeCoin – around $5,800 (about Rs 4.64 lakh) at the time – in gas fees alone, while others saw their transaction fail, but still pay for gas. charged for.

one in lightpaper published soon After Saturday’s tech demo, Otherdeed developers announced that only Otherdeed owners and “selected third-party developers” could participate in the game during its first phase, and only after it went on a “First Trip”.

According to Lightpaper, “Phase 1” will see other Deed owners navigating Voyager’s journey, an 11-part narrative game “around a mysterious obelisk that has appeared in other universes.” In step 1, other deed Owners will be able to contribute to the creation of the platform and will be able to shape their core capabilities as co-developers, through the platform’s suite of build tools.

“We believe in the extraordinary power of community and have seen firsthand how it can be a vital force for good in this industry,” Lightpaper said. “We aim to encourage, empower and recognize the expression, creativity and ingenuity of a community of contributors to others.”