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The next blue-chip explosion: Koda, the new protagonist of Yuga Labs' Metaverse
Moni
Odaily资深作者
2022-04-28 07:21
This article is about 1673 words, reading the full article takes about 3 minutes
All answers will be announced at midnight on May 1st.

This article comes fromnftevening, Originally by Bryan Teoh

Odaily Translator |

Odaily Translator |

The long-awaited began to come out.

Yuga Labs' new project Otherside is finally here!

At 12:00 noon on May 1, Beijing time (12:00 p.m., April 30, US Eastern Time), the Otherside Metaverse will make its debut. From the promotional video previously released by Yuga Labs, we have seen a large number of well-known NFT projects appear, such as Bored Ape Yacht Club, Mutant Ape Yacht Club, CryptoPunks, Meebits, CoolCats, World of Women, Nouns, and a logo similar to Otherside Tiny "avatars" of

But for Yuga Labs, in view of the previous victory in the "boring ape" BAYC, they may prefer to copy the past success experience to Koda.

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So, what is Koda?

First of all, we need to take a look at the story background of the metaverse of Otherside: Based on the story environment of the metaverse, there are not many creatures in the entire universe that have survived, but once the energy brought by the creatures is lacking, the universe will collapse. Fortunately, there is still a creature left in the universe, and that is Koda. The Kodas used their immense energies to create the last micro-universe in the present dimension. Next, they will pick out the perfect candidates and put them into such a strange new universe-of course, there are also "boring ape" BAYC and other NFT characters in the Otherside metaverse. These metaverse game scenes are in Otherside You can see it in the official teaser video.

In addition, BAYC official tweet does not seem to make other comments.

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The next Big PFP?

Frankly speaking, if there are no major changes to the rules of the game, then players can only finally get the chance to buy Koda NFT by buying a piece of land in the Otherside metaverse, and the chances of buying it are very small.

Now, there are a total of 200,000 blocks in the Otherside metaverse, half of which will be airdropped and released by Genesis. Of the 100,000 parcels, 30% will go to BAYC/MAYC holders and 70% will be put up for public sale. According to previous announcements, these plots will be sold at a price of 1 ETH each. Interestingly, each plot may come with its own natural resources and rare artifacts, and for a lucky few, a Koda NFT will also be included! This means that if you haven't been able to own BAYC "The Boring Ape" before, this time will be a good opportunity to become a holder at a very low price.

However, it all depends on the boring ape parent company Yuga Labs, after all, the odds of being able to own a Koda NFT are very, very low. If all 10,000 Kodas are airdropped by Genesis, players will have a 10% chance of getting the NFT, but if the 10,000 NFTs are randomly distributed among the 200,000 plots, the chances of getting it will be 10% Further reduction - This seems to be a problem caused by the project being too hot.

However, for Yuga Labs, there is a problem that needs to be solved, that is, the sale of Otherside virtual land can only be paid with ApeCoin (could it be a coincidence that Apecoin was launched before the release of Otherside?). According to Otherside’s official social media account, the virtual land auction will adopt a Dutch auction. BAYC and MAYC holders can apply for NFT within 21 days after the auction. You can apply without KYC certification, but you need to obtain KYC certification to participate in the auction. in casting.

Although ApeCoin is available on several major exchanges, most NFT enthusiasts still use ETH. On the other hand, the price of ApeCoin is currently at an all-time high and shows no signs of slowing down, which may also make many people reluctant to use ApeCoin to buy Otherside virtual land. Not to mention that ApeCoin obtained in the auction will be locked for one year and cannot be voted in ApeCoin DAO.

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