Activity surrounding Otherside metaverse is increasing. It looks like a lot of good stuff is taking place. The positive vibes and the excitement is back.
What is The Otherside Metaverse?
The Otherside metaverse project is an MMORPG (Massively Multiplayer Online Role-Playing Game). This project connects to the BAYC ecosystem. In the preview trailer, Yuga Labs teased other NFT collections like Meebits, World of Women, CrypToadz, and Cool cats. As a result, Otherside players can move between metaverses. This will allow a connected experience for the players.
— Yuga Labs (@yugalabs) March 19, 2022
Built as a collection, Otherdeed NFTs contain all the game elements with a total of 15 categories of traits for the land. Designed to evolve, the land itself is not static and is dependent on what users do in the game. Also, the lands have replenishing resources anima (for research), ore (metal), shard (stone), and root (wood). This allows users to harvest them.
Moreover, some lands have the highly sought-after trait of a Koda. Surrounded by mystery, we still don’t know how Koads will interact or influence the game. Currently, the NFTs with a Koda are commanding the highest prices.
Load Testing the Otherside Metaverse
During July, load tests are taking place with Otherside. Load tests are a simpler form of performance testing that is necessary during game development. They help designers catch any areas that need improvements. Yuga Labs and Improbable have held 2 load tests. Both tests have gone down extremely well with the community.
Enjoyed my first experience on the #OthersideMeta in the load test. Incredible this runs in the browser with smooth 3d rendering across thousands of players with spatial audio. This is the future! pic.twitter.com/HrdZB0koSB
— 0xFastly.eth (@0xFastly) July 9, 2022
Here is another user that tested Otherside Metaverse:
Load Test 2 for @OthersideMeta !
I also realized you can change the scale of your FOV with the scroll wheel 👀 pic.twitter.com/uDYUmhYmS7
— null.eth (@null_eth) July 9, 2022
OthersideMeta Load Tests – What Took Place?
The two load tests that took place lasted no more than 30 minutes:
The first test was on 6th July whilst the 2nd test was on the 9th July. About 2500 Otherdeeds holders participated in the metaverse’s load test. Thousands of active players were running around as 3D models. Many experienced zero lag at 60 fps. The web page-based game saw 2.5k concurrent users running around in the neutral space. The purpose was to push the Otherside’s platform to its limits. Whilst the goal was to try and break everything that the 2 companies had been working on.
For the load test, holders had a random 3D avatar allocated to them. Users could interact with each other, send messages in the chat, and perform emotes. They also performed simple tasks such as running, jumping, and speaking to one another via voice. Yuga Labs and Improbable gathered valuable information by running these load tests. To create the best experience possible for the tech demo taking place on 16th July.
Moreover, on July 16th, Yuga Labs and Improbable will be holding the first Otherside metaverse event known as the “First Trip.”
According to Otherside’s website, it is “ The first tech demo of the Otherside, for Voyagers only. A celebration of what’s to come and an opportunity for Voyagers to gather, explore, and plan”. While no one knows exactly what to expect on the 16th, Yuga Labs has previously teased Voyagers with a sneak peak of the “First Trip.”
Fragments of an Obelisk have washed ashore in the Biogenic Swamp. Voyagers, your Otherdeed is your key to helping build the Otherside metaverse. As we reassemble the Obelisk together, the Otherside comes to life.https://t.co/puBUVnqRr0 pic.twitter.com/8Cay7WknAW
— OthersideMeta (@OthersideMeta) May 12, 2022
How Did Hype Affect the Price?
Since its launch, Otherdeed NFTs are experiencing a floor decrease. Unsurprisingly, this is in line with our current bear market trends so no real surprises. The OthersideMeta’s load test had a direct impact on Otherdeed NFTs price. Here is a 30-day chart of Otherdeed NFTs floor price.
Looking back across a 30-day timeline, we can see that the floor price is steadily increasing. Then, we can see from the June 15th lows of just under 2 eth price has risen and found a price point around 2.8 eth.
Moreover, the steady rise is in direct correlation to the announcements coming from the Otherside official Twitter account.
Also, a bigger picture view suggests that the initial hype since launch was short-lived. This is in line with launch cycles. Even a brand owner such as Yuga Labs cannot change human psychology and market behavior. The latest news is helping price recovery and project awareness.
In addition, if we average out and look for a median price Otherdeed NFTs are currently trending in an average rage. With the public sale taking place on April 30th, 2022 this is somewhat skewed as we have little price history. Additionally, the initial offering on the secondary marketplace has a huge bearing on the average price. Having said that, the floor price has remained steady and has remained above 2 eth.
When to Buy or Sell Otherdeed NFTs
Finally, looking at the charts, prices don’t usually dip below 2 eth. If you can pick up an Otherdeed NFT below that price, it could be a good move. So, if you are looking to sell an Otherdeed NFT exiting on news could be a good move if you need some liquidity. In conclusion, we are still in the early stages of this journey, their true potential and price point will swing as the game and metaverse continue to develop.