Bored Ape Yacht Club creator raises $450 million to build metaverse project | #NFT #CryptoCurrency #ApeCoin #Otherside #BAYC
Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFT, has announced it is raising $450 million at a $4 billion valuation. The NFT company said the funds would be used to scale its team and operations, which it confirmed includes a new metaverse project called Otherside.
The metaverse project, Otherside, will integrate avatars from a number of NFT projects, including BAYC. Earlier this week, Yuga Labs tweeted a teaser that a metaverse project powered by its new ape-themed crypto coin, Ape...26 March, 2022