In Brief Yuga Labs partners with Somnia to enhance Otherside metaverse’s interoperability. Somnia’s L1 blockchain to boost Yuga NFTs’ functionality and user incentives. New partnership allows consistent avatar use across metaverse experiences. Yuga Labs, creators of the Bored Ape Yacht Club NFTs, have announced a groundbreaking partnership with Somnia, an emerging powerhouse in blockchain technology designed specifically…
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To summarize Yuga Labs has purchased approximately two-thirds of all metaverse land since the beginning of 2023. From the $300 million in metaverse sales this year, the collection has made approximately $200 million thus far. Particularly, as younger customers place a higher value on digital worlds than the real world, fashion houses are pushing their…
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