PeckShield Alert has announced that there is a group of BAYC metaverse ‘Otherside’ phishing sites. They also forged the official metaverse’s Twitter account. PeckShield warned the crypto community to not connect their wallet to these websites.
The upcoming ‘Otherside’ Bored Ape metaverse launch date is set for 12 pm ET on April 30th. Please only follow the information and visit the official metaverse website that this official account announces, DO NOT access or connect your wallet to any other websites!
Yuga Labs, the owner of the Bored Ape collection, intends to sell virtual land in the form of NFTs, which will be linked to the upcoming metaverse plots. Natural resources, artifacts, and, in certain circumstances, unusual characters will all be present in these plots.
In total, 200,000 plots will be sold in two sales this year, in March and August, with Yuga Labs hoping to raise $178 million from each sale (in addition to secondary sale proceeds). A piece of the virtual land will be kept by the firm. According to the paper, Animoca Brands, a digital firm that is also working on a racing game with Yuga, will be engaged in the launch.
Before the announcement of its own metaverse, Yuga Labs announced it has closed its Series Seed funding round, led by a16z crypto, with participation from top tier game studios like Animoca Brands and its subsidiary The Sandbox, strategic partners like LionTree, Sound Ventures, and Thrive Capital, and crypto leaders like FTX and MoonPay, and other partners and collaborators.
The company raised $450 million and plans to use the funds to scale its rapidly growing team, attract the best talent across creative, engineering and operations functions, and for joint ventures and partnerships, it has planned.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Grand Cayman, Cayman Islands, 22nd November 2024, Chainwire
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