Yuga Labs


Tech

Improbable, the Company Building Yuga Labs’ Otherside, to Launch Somnia Blockchain DevNet Phase

The blockchain will process over 400,000 transactions per second, according to Improbable.

Blockchain (Yuichiro Chino/GettyImages)

Web3

Yuga Labs Confirms UVA-A Emitting Lights Cause of ApeFest Eye Issues

Numerous participants exhibited signs of photokeratitis, an ailment resulting from ultraviolet (UV) light exposure, after last weekend's event.

The original Bored Ape Yacht Club NFT collection features right-facing cartoon apes. (Yuga Labs)

Web3

NFT Trading Is Ice Cold But Developers Are Still Hot for Web3

This week, new reports were released that point to a major slowdown in NFT trading. Plus, Etihad Airways will soon let its community of frequent fliers stake NFTs for miles.

3D planes from the EY-ZERO1 NFT collection. (OpenSea)

Web3

Animoca Brands-Backed Game 'Wreck League' Puts Bored Apes Into the Storyline

The new game, launching in the next few weeks, will allow players to assemble giant robotic characters using collectible NFT parts.

A screenshot from the trailer for nWay and Animoca Brands' new game "Wreck League." (nWay)

Web3

July Was a Terrible, No Good, Very Bad Month For NFTs, DappRadar Report Shows

NFT trading volume declined 29% and the number of sales dropped 23% from June, while Yuga Labs collections’ dominance slipped.

Sad NFT trader (Getty Images)

Web3

Yuga Labs Acquiring Roar Studios to Accelerate 'Bold Vision' for Otherside

The Roar team will "contribute their innovative technology, specialized expertise and leadership" to Yuga Labs as it continues its ambitious growth plans for their Otherside metaverse.

Otherside's First Trip (Yuga Labs)

Videos

Bored Ape Yacht Club Parent Hosts New 'Otherside' Metaverse Demo

Bored Ape Yacht Club's parent company, Yuga Labs, hosted a live in-person demo of its Otherside gamified metaverse world tailored to Bored Ape holders, soliciting live feedback from members of its original community. "The Hash" panel discusses the latest developments around the BAYC ecosystem amid crypto winter.

CoinDesk placeholder image

Web3

Yuga Labs Hopes to Rile Up Its Bored Apes With Latest Otherside Demo

The NFT mega-company has been hard at work building out a virtual playground for its Web3 community, and its latest live demo is aimed at bringing Bored Ape Yacht Club holders back to the center of its universe.

Bored Ape in the Otherside metaverse

Web3

Collectors Are Bored of Apes and Don’t Want to Pay Royalties

The floor price for Bored Ape Yacht Club NFTs has sunk and creator royalty payments shrunk to their lowest in two years. Plus, Tom Brady’s sports collectibles site Autograph is reportedly moving away from crypto.

Bored Ape Yacht Club #3001 (OpenSea, modified by CoinDesk)

Web3

Bored Ape Yacht Club NFT Floor Price Sinks to 20-Month Low

The floor price of the Yuga Labs NFT collection fell to 27.4 ETH, or about $53,000, on Sunday evening before rebounding slightly.

(Yuga Labs)

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