What is Otherdeed?

AdvancedAug 11, 2024
Otherdeed is a unique and valuable digital asset on the Otherside metaverse platform, and it is represented as non-fungible tokens (NFTs) on the Ethereum blockchain.
What is Otherdeed?

An Otherdeed is a digital asset that is both valuable and distinctive on the Otherside Metaverse platform. Each Otherdeed is a virtual plot of land that its owner can possess and use. Non-fungible tokens (NFTs) represent Otherdeeds on the Ethereum blockchain, meaning each token is distinct and cannot be replicated.

Otherdeed is currently associated with two distinct NFT collections: the original “Otherdeed by Otherside” and the more recent “Otherdeed Expanded.” The Otherdeed by Otherside collection, which is the older of the two, may be worth burning to qualify for forthcoming activations.

Users may observe that the older collection has a larger floor price, which may appear to be counterintuitive. Nevertheless, the possibility of claiming Vessel NFT due to ownership further increases the market value of these original NFTs.

Introduction

In the Otherside metaverse, land plot NFTs are referred to as Otherdeeds. Otherdeeds is a collection of Ethereum-based tokens composed of an exclusive blend of environment, sediment, and treasures that may include resources or potent artifacts. They are dynamic NFTs that are constructed from a compilation of game elements. A collection of resources is included with each Otherdeed. Otherdeeds for Otherside are a compilation of 100,000 unique NFTs that give the holder ownership of a virtual land in the Otherside metaverse. Each Otherdeed is distinctive and cannot be duplicated. The NFTs are stored on the Ethereum blockchain, a secure and decentralized network.

Traits of Otherdeed Plot

Otherdeed plots exhibit five primary characteristics:

  • Environment
  • Sediment
  • Resources (Dynamic)
  • Dynamic Artifacts (Dynamic)
  • Koda (Dynamic)

The interchangeable characteristics of each Otherdeed plot are resources, artifacts, and Kodas, which include an environment and sediment. Artifacts and Kodas are the least anticipated items to be discovered on the land in terms of rarity. Kodas are creatures with 10% of the Otherdeeds’ properties. Otherdeeds is a component of Otherside linked to two distinct NFT collections: the original “Otherdeed by Otherside’’ and the “Otherdeed Expanded.”

History of Otherdeeds by Othersides

Yuga Labs, the developers of the world’s most successful NFT initiative, Bored Ape Yacht Club, established Otherdeed Otherside on April 28, 2022. The initial information regarding the NFT was disclosed after publishing a leaked presentation deck in 2022. The Ethereum blockchain is home to 46,017 distinctive digital objects that comprise the project.

The initial mint price for an Otherdeed was 305 ApeCoin (APE), or approximately $5,800. Nevertheless, the price of Otherdeeds has experienced significant fluctuations in the interim, and it currently has a baseline price of approximately 0.1377 ETH per unit.

The team only disclosed that they were in the process of creating an MMORPG (Massively Multiplayer Online Role-Playing Game) for the BAYC ecosystem following the trailer’s release. Ultimately, the initiative was released to the general public as Otherdeed and quickly achieved a valuation of $4 billion.

What is Otherside?

The Otherside represents Yuga Labs’ inaugural venture into Web3 gaming. Otherside is a fresh and immersive addition to the MMORPG (Massively Multiplayer Online Role-Playing Game) genre that stands out from other games thanks to a unique variation. The Binance Smart Chain (BSC) is the platform upon which the game is executed. This game revolutionizes the gaming industry by integrating NFTs (non-fungible tokens) to grant users ownership of in-game assets. To engage with the game and acquire assets using BNB or BUSD, users must establish a connection with their Metamask wallet.

Improbable M2 technology powers The Otherside, enabling more than 10,000 participants to interact simultaneously in a single location. Players can participate in PvP (players versus players) and PvE (players versus environment) battles, explore the game’s universe, and complete quests to receive rewards in the Otherside.

Vision of Otherside

The primary objective of Otherdeed is to ensure that Voyagers and developers can network with industry professionals, designers, engineers, and peers and provide genuine incentives and structure through a collaborative ecosystem and network of contributors. Other visions include;

  • Encouraging, empowering, and acknowledging the creativity, ingenuity, and expression of Otherside’s community of contributors.
  • Dedication to a transparent and open approach that allows Voyagers to actively engage in significant events that will influence the platform’s future.
  • Facilitating interoperability, enabling Voyagers to integrate their external collections and NFTs into our metaverse. Voyagers will also have the opportunity to exchange experiences and creations between their respective lands by establishing connections.

The Otherside Development Kit (ODK)

Improbable and Yuga Labs collaborated to enhance the avatar experience on the Otherside Development Kit (ODK). The Otherside Development Kit (ODK) is a collection of tools that enable users to generate and exchange content for the Otherside metaverse. This content encompasses personas, wearable items, objects compatible with the Otherside, and other metaverses that adhere to the Open Object Standards. Support for 2D and 3D images and models, a universal scripting system, and a metadata ontology for expected gameplay behavior are all included in these standards.

In addition to their avatars, the ODK offers users new tools for interacting with, modifying, and creating their environment. These mechanisms and instruments enable Otherside to operate at a significantly higher frequency. Acknowledging that any ODK creator can develop their own version of Project Dragon is crucial.

Users can author templates and subsequently manufacture the objects in the Otherside using resources. Additionally, the ODK incorporates moderation tools to guarantee that all objects adhere to the Open Object Standards and do not contravene any regulations. Given that developers and users collaborated to create Otherside, the ODK’s goal is to facilitate this collaboration and guarantee that all content within the Metaverse is interoperable.

  • Manufacturing tools: Voyagers or other holders can gather resources from the Metaverse to create objects. To finalize the manufacturing process, it is necessary to satisfy the unique resource requirements of each object type. Upon completion, the objects may be implemented within the game.
  • Authoring tools: Using authoring tools, voyagers can generate and exchange templates for objects in the Otherside Metaverse. These tools enable the development of 3D objects that can be enhanced with animations and audio to facilitate user interaction.
  • Automated detailing: The Metaverse’s manufacturing process involves numerous stages to guarantee that the standards are satisfied. These consist of automated enhancements that enhance the details of materials, such as colors and shades, and scripts that are tested for compatibility.
  • Moderation checks: A moderation check is implemented during manufacturing to guarantee that objects in the Metaverse adhere to community standards.
  • Resource trading: In the game, resources can be acquired through trading or earning. Although there are few specifics regarding how resources can be acquired through gameplay, additional resources will probably be necessary to construct larger objects. Additionally, particular objects may acquire unique characteristics during the ultimate manufacturing process.

What is Otherdeed Expanded?

Otherdeed Expanded is a non-fungible token (NFT) initiative part of Yuga Labs’ Otherside metaverse. It is designed to offer a decentralized world in which users can investigate, create, and interact with others in an immersive and interactive virtual environment. Holders of these evolved Otherdeeds, established in April 2023, can participate in future activities within the Yuga Labs universe. Each is endowed with a distinctive combination of detritus and environment. Some are home to potent artifacts, while others contain resources.

Legend of the Mara (LOTM)

Legends of the Mara (LOTM) is a 2D standalone experience that ApeCoin powers. Legends of the Mara (LOTM) is a game that incorporates the Otherside Koda collection and introduces a new collection called Mara, which has the potential to develop into Kodamara. It commences with the provision of a vessel to each Otherdeed holder. The participant is responsible for the subsequent events.

The Odas

Odas are Otherside’s magical defense and custodians, providing life to users of Otherdeeds. Odas encompass Kodas, Maras, and Kodamaras. Generally, the three categories of odas are distinguished: Farmer, Hunter, and Enchanter. Koda can perform any task, whereas Maras are limited to a specific function. Maras are single-role laborers hatched from Vessels, while Kodas are capable of hunting, farming, and enchantment. After receiving a catalyst, they evolve into Kodamaras. Farmers activate fragment production, with boosts depending on their tier. Hunters activate the struggle against the Shattered, with distinct abilities enhancing their damage output. Enchanters provide two boosts: production speed and damage.

Koda

Yuga Labs, responsible for the Bored Ape Yacht Club, announced the release of Koda, a non-fungible token (NFT) initiative, to enhance the value and immersive experience of its metaverse, Otherside. The Otherside Koda NFT project comprises 10,000 distinct koala-like characters on Otherdeeds, virtual property plots in the Otherside metaverse. The community has classified these characters into Regular Kodas, Weapon Kodas, and Mega Kodas. The full extent of their utility has yet to be disclosed, but there are 6860 Regular Kodas, and 99 of the 3140 are Weapon Kodas and Mega Kodas. They fall into six trait categories: Core, Head, Eyes, Weapon, Clothing, and Mega. The 2D game Legends of the Mara demonstrated that Kodas can hunt, enchant, and farm more efficiently than other characters, suggesting they are a critical addition to Otherside and may significantly impact the metaverse.

Otherside Vessel

The engaging Legends of the Mara game encourages players to engage in quests, explore a dynamic virtual environment, and interact with their peers. Otherside Vessel is a collection of NFTs that are a fundamental component of the Otherside metaverse, created by Yuga Labs. It functions as a “vessel” that transforms into a Koda, a koala-like character residing in the metaverse. There are three types of Vessels in LOTM, each with a specified function:

Hunting Vessels: Generate Hunter Mara, capable of repelling violent threats to Otherdeeds.

Farming Vessels: Generate Farmer Mara, responsible for harvesting Fragments from Otherdeeds.

Enchanting Vessels: Generate Enchanter Mara, providing boosts and bonuses.

Mara

A Mara is a Kodamara that is not catalyzed, and its capabilities depend on the mother vessel from which it emerged. Mara can be born from various vessels, including farmer, enchanter, and hunter. The function of each Mara is determined by the type of vessel from which it originates:

  • Farmer Mara.
  • Hunter Mara.
  • Enchanter Mara.

Hunter Mara, which emerged from Hunter Vessels, protects the Voyager’s Otherdeed and Otherside by engaging in combat with Shattered. Farmer Mara, hatched from Farmer Vessels, visits the Voyager’s Otherdeed to cultivate Sediment Fragments, which can be utilized during a catalytic Mara-to-Kodamara evolution.

To play Legends of the Mara, holders must possess a Mara and an Otherdeed Expanded. They will receive a playable Mara, an ERC-721 token, distinct from its original Vessel and part of a new NFT collection with its smart contract.

Kodamara

A Mara must undergo catalysis to develop into a Kodamara. When a Mara consumes a Catalyst (along with some optional Sediment Fragments), it transforms into a Kodamara, adopting the physical characteristics of the Catalyst. The presence of more Sediment Fragments enhances the rarity of the Kodamara.

After evolving, a Kodamara can hunt, farm, or enchant; however, they are limited to performing only one of these activities at a time and are always most effective in their original capacity. Although Kodamaras are less formidable than Kodas, they are more adaptable defenders of the Otherside than Mara.

Conclusion

Each investor is responsible for determining whether or not Otherdeeds for Otherside is a worthwhile investment. When making this decision, it is essential to consider the potential future value of the Otherdeeds, the prevalence of the Otherside metaverse, and the overall market for NFTs. In recent months, the market for NFTs has been highly volatile, with prices for specific collections plummeting. Nevertheless, there is a significant interest in new and innovative initiatives, and the overall market for NFTs is still expanding.

Author: Abhishek Rajbhar
Translator: Viper
Reviewer(s): Piccolo、Matheus、Ashley
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
* This article may not be reproduced, transmitted or copied without referencing Gate.io. Contravention is an infringement of Copyright Act and may be subject to legal action.

What is Otherdeed?

AdvancedAug 11, 2024
Otherdeed is a unique and valuable digital asset on the Otherside metaverse platform, and it is represented as non-fungible tokens (NFTs) on the Ethereum blockchain.
What is Otherdeed?

An Otherdeed is a digital asset that is both valuable and distinctive on the Otherside Metaverse platform. Each Otherdeed is a virtual plot of land that its owner can possess and use. Non-fungible tokens (NFTs) represent Otherdeeds on the Ethereum blockchain, meaning each token is distinct and cannot be replicated.

Otherdeed is currently associated with two distinct NFT collections: the original “Otherdeed by Otherside” and the more recent “Otherdeed Expanded.” The Otherdeed by Otherside collection, which is the older of the two, may be worth burning to qualify for forthcoming activations.

Users may observe that the older collection has a larger floor price, which may appear to be counterintuitive. Nevertheless, the possibility of claiming Vessel NFT due to ownership further increases the market value of these original NFTs.

Introduction

In the Otherside metaverse, land plot NFTs are referred to as Otherdeeds. Otherdeeds is a collection of Ethereum-based tokens composed of an exclusive blend of environment, sediment, and treasures that may include resources or potent artifacts. They are dynamic NFTs that are constructed from a compilation of game elements. A collection of resources is included with each Otherdeed. Otherdeeds for Otherside are a compilation of 100,000 unique NFTs that give the holder ownership of a virtual land in the Otherside metaverse. Each Otherdeed is distinctive and cannot be duplicated. The NFTs are stored on the Ethereum blockchain, a secure and decentralized network.

Traits of Otherdeed Plot

Otherdeed plots exhibit five primary characteristics:

  • Environment
  • Sediment
  • Resources (Dynamic)
  • Dynamic Artifacts (Dynamic)
  • Koda (Dynamic)

The interchangeable characteristics of each Otherdeed plot are resources, artifacts, and Kodas, which include an environment and sediment. Artifacts and Kodas are the least anticipated items to be discovered on the land in terms of rarity. Kodas are creatures with 10% of the Otherdeeds’ properties. Otherdeeds is a component of Otherside linked to two distinct NFT collections: the original “Otherdeed by Otherside’’ and the “Otherdeed Expanded.”

History of Otherdeeds by Othersides

Yuga Labs, the developers of the world’s most successful NFT initiative, Bored Ape Yacht Club, established Otherdeed Otherside on April 28, 2022. The initial information regarding the NFT was disclosed after publishing a leaked presentation deck in 2022. The Ethereum blockchain is home to 46,017 distinctive digital objects that comprise the project.

The initial mint price for an Otherdeed was 305 ApeCoin (APE), or approximately $5,800. Nevertheless, the price of Otherdeeds has experienced significant fluctuations in the interim, and it currently has a baseline price of approximately 0.1377 ETH per unit.

The team only disclosed that they were in the process of creating an MMORPG (Massively Multiplayer Online Role-Playing Game) for the BAYC ecosystem following the trailer’s release. Ultimately, the initiative was released to the general public as Otherdeed and quickly achieved a valuation of $4 billion.

What is Otherside?

The Otherside represents Yuga Labs’ inaugural venture into Web3 gaming. Otherside is a fresh and immersive addition to the MMORPG (Massively Multiplayer Online Role-Playing Game) genre that stands out from other games thanks to a unique variation. The Binance Smart Chain (BSC) is the platform upon which the game is executed. This game revolutionizes the gaming industry by integrating NFTs (non-fungible tokens) to grant users ownership of in-game assets. To engage with the game and acquire assets using BNB or BUSD, users must establish a connection with their Metamask wallet.

Improbable M2 technology powers The Otherside, enabling more than 10,000 participants to interact simultaneously in a single location. Players can participate in PvP (players versus players) and PvE (players versus environment) battles, explore the game’s universe, and complete quests to receive rewards in the Otherside.

Vision of Otherside

The primary objective of Otherdeed is to ensure that Voyagers and developers can network with industry professionals, designers, engineers, and peers and provide genuine incentives and structure through a collaborative ecosystem and network of contributors. Other visions include;

  • Encouraging, empowering, and acknowledging the creativity, ingenuity, and expression of Otherside’s community of contributors.
  • Dedication to a transparent and open approach that allows Voyagers to actively engage in significant events that will influence the platform’s future.
  • Facilitating interoperability, enabling Voyagers to integrate their external collections and NFTs into our metaverse. Voyagers will also have the opportunity to exchange experiences and creations between their respective lands by establishing connections.

The Otherside Development Kit (ODK)

Improbable and Yuga Labs collaborated to enhance the avatar experience on the Otherside Development Kit (ODK). The Otherside Development Kit (ODK) is a collection of tools that enable users to generate and exchange content for the Otherside metaverse. This content encompasses personas, wearable items, objects compatible with the Otherside, and other metaverses that adhere to the Open Object Standards. Support for 2D and 3D images and models, a universal scripting system, and a metadata ontology for expected gameplay behavior are all included in these standards.

In addition to their avatars, the ODK offers users new tools for interacting with, modifying, and creating their environment. These mechanisms and instruments enable Otherside to operate at a significantly higher frequency. Acknowledging that any ODK creator can develop their own version of Project Dragon is crucial.

Users can author templates and subsequently manufacture the objects in the Otherside using resources. Additionally, the ODK incorporates moderation tools to guarantee that all objects adhere to the Open Object Standards and do not contravene any regulations. Given that developers and users collaborated to create Otherside, the ODK’s goal is to facilitate this collaboration and guarantee that all content within the Metaverse is interoperable.

  • Manufacturing tools: Voyagers or other holders can gather resources from the Metaverse to create objects. To finalize the manufacturing process, it is necessary to satisfy the unique resource requirements of each object type. Upon completion, the objects may be implemented within the game.
  • Authoring tools: Using authoring tools, voyagers can generate and exchange templates for objects in the Otherside Metaverse. These tools enable the development of 3D objects that can be enhanced with animations and audio to facilitate user interaction.
  • Automated detailing: The Metaverse’s manufacturing process involves numerous stages to guarantee that the standards are satisfied. These consist of automated enhancements that enhance the details of materials, such as colors and shades, and scripts that are tested for compatibility.
  • Moderation checks: A moderation check is implemented during manufacturing to guarantee that objects in the Metaverse adhere to community standards.
  • Resource trading: In the game, resources can be acquired through trading or earning. Although there are few specifics regarding how resources can be acquired through gameplay, additional resources will probably be necessary to construct larger objects. Additionally, particular objects may acquire unique characteristics during the ultimate manufacturing process.

What is Otherdeed Expanded?

Otherdeed Expanded is a non-fungible token (NFT) initiative part of Yuga Labs’ Otherside metaverse. It is designed to offer a decentralized world in which users can investigate, create, and interact with others in an immersive and interactive virtual environment. Holders of these evolved Otherdeeds, established in April 2023, can participate in future activities within the Yuga Labs universe. Each is endowed with a distinctive combination of detritus and environment. Some are home to potent artifacts, while others contain resources.

Legend of the Mara (LOTM)

Legends of the Mara (LOTM) is a 2D standalone experience that ApeCoin powers. Legends of the Mara (LOTM) is a game that incorporates the Otherside Koda collection and introduces a new collection called Mara, which has the potential to develop into Kodamara. It commences with the provision of a vessel to each Otherdeed holder. The participant is responsible for the subsequent events.

The Odas

Odas are Otherside’s magical defense and custodians, providing life to users of Otherdeeds. Odas encompass Kodas, Maras, and Kodamaras. Generally, the three categories of odas are distinguished: Farmer, Hunter, and Enchanter. Koda can perform any task, whereas Maras are limited to a specific function. Maras are single-role laborers hatched from Vessels, while Kodas are capable of hunting, farming, and enchantment. After receiving a catalyst, they evolve into Kodamaras. Farmers activate fragment production, with boosts depending on their tier. Hunters activate the struggle against the Shattered, with distinct abilities enhancing their damage output. Enchanters provide two boosts: production speed and damage.

Koda

Yuga Labs, responsible for the Bored Ape Yacht Club, announced the release of Koda, a non-fungible token (NFT) initiative, to enhance the value and immersive experience of its metaverse, Otherside. The Otherside Koda NFT project comprises 10,000 distinct koala-like characters on Otherdeeds, virtual property plots in the Otherside metaverse. The community has classified these characters into Regular Kodas, Weapon Kodas, and Mega Kodas. The full extent of their utility has yet to be disclosed, but there are 6860 Regular Kodas, and 99 of the 3140 are Weapon Kodas and Mega Kodas. They fall into six trait categories: Core, Head, Eyes, Weapon, Clothing, and Mega. The 2D game Legends of the Mara demonstrated that Kodas can hunt, enchant, and farm more efficiently than other characters, suggesting they are a critical addition to Otherside and may significantly impact the metaverse.

Otherside Vessel

The engaging Legends of the Mara game encourages players to engage in quests, explore a dynamic virtual environment, and interact with their peers. Otherside Vessel is a collection of NFTs that are a fundamental component of the Otherside metaverse, created by Yuga Labs. It functions as a “vessel” that transforms into a Koda, a koala-like character residing in the metaverse. There are three types of Vessels in LOTM, each with a specified function:

Hunting Vessels: Generate Hunter Mara, capable of repelling violent threats to Otherdeeds.

Farming Vessels: Generate Farmer Mara, responsible for harvesting Fragments from Otherdeeds.

Enchanting Vessels: Generate Enchanter Mara, providing boosts and bonuses.

Mara

A Mara is a Kodamara that is not catalyzed, and its capabilities depend on the mother vessel from which it emerged. Mara can be born from various vessels, including farmer, enchanter, and hunter. The function of each Mara is determined by the type of vessel from which it originates:

  • Farmer Mara.
  • Hunter Mara.
  • Enchanter Mara.

Hunter Mara, which emerged from Hunter Vessels, protects the Voyager’s Otherdeed and Otherside by engaging in combat with Shattered. Farmer Mara, hatched from Farmer Vessels, visits the Voyager’s Otherdeed to cultivate Sediment Fragments, which can be utilized during a catalytic Mara-to-Kodamara evolution.

To play Legends of the Mara, holders must possess a Mara and an Otherdeed Expanded. They will receive a playable Mara, an ERC-721 token, distinct from its original Vessel and part of a new NFT collection with its smart contract.

Kodamara

A Mara must undergo catalysis to develop into a Kodamara. When a Mara consumes a Catalyst (along with some optional Sediment Fragments), it transforms into a Kodamara, adopting the physical characteristics of the Catalyst. The presence of more Sediment Fragments enhances the rarity of the Kodamara.

After evolving, a Kodamara can hunt, farm, or enchant; however, they are limited to performing only one of these activities at a time and are always most effective in their original capacity. Although Kodamaras are less formidable than Kodas, they are more adaptable defenders of the Otherside than Mara.

Conclusion

Each investor is responsible for determining whether or not Otherdeeds for Otherside is a worthwhile investment. When making this decision, it is essential to consider the potential future value of the Otherdeeds, the prevalence of the Otherside metaverse, and the overall market for NFTs. In recent months, the market for NFTs has been highly volatile, with prices for specific collections plummeting. Nevertheless, there is a significant interest in new and innovative initiatives, and the overall market for NFTs is still expanding.

Author: Abhishek Rajbhar
Translator: Viper
Reviewer(s): Piccolo、Matheus、Ashley
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
* This article may not be reproduced, transmitted or copied without referencing Gate.io. Contravention is an infringement of Copyright Act and may be subject to legal action.
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