The Flash Goes To Web3, And Yuga Labs Continues To Work On Their Audacious Otherside Project

Table of contents

  1. Yuga Labs’ Otherside ‘audacious’ vision for Bored Ape Yacht Club
  2. Turkish TV series Magnificent Century partners with The Sandbox for Metaverse
The Sandbox added a new major IP to its virtual world, a portfolio management startup raised $3.6 million and The Flash is getting NFTs. Warner Bros.’ NFT unit has unveiled a new Web3 experience for the recently released DC Comics superhero more The Flash, which reportedly flopped at the box office. According to an announcement from Warner Bros. Digital Collectibles, The Flash Web3 Movie Experience will launch on July 18 and will include NFT collections, AR experiences, access to behind-the-scenes content and the full film in 4K Ultra HD, to name a few. The project will be hosted on the Eluvio blockchain, which Warner Bros. has used in the past for similar Superman and The Lord of the Rings web3 experiences. The experience is being packaged as part of two different Mystery Bag editions, labeled “Mystery” and “Premium.”

The Mystery edition will cost $35 and the Premium edition will cost $100, with the latter containing greater benefits and a shot at getting seemingly better NFTs. The top comment from user @sxtvik has 1,649 likes at the time of writing and simply states: “Pay your writers, and stop cash-grabbing Web3.” Another user sarcastically wrote: “Wow , the Flash traveled back to 2021,” in reference to the manic NFT bull market of that year, while @Simon_Goldberg suggested that Warner Bros. needs to “fire” whoever is running their Web3 department.

Yuga Labs’ Otherside ‘audacious’ vision for Bored Ape Yacht Club

With the floor price of the Bored Ape Yacht Club NFTs tanking significantly in 2023, Yuga Labs CEO Daniel Alegra has emphasized that the firm is working hard to build out its Otherside metaverse project. Speaking at Fortune’s Brainstorm Tech conference on July 13, Alegra kept his cards close to his chest but outlined that Yuga’s plans for Otherside are “audacious,” and as such, will “take time,” to come to fruition. So far, Otherside has only been available for a couple of early access trips for the BAYC community, and it remains to be seen when the project will officially launch.

Providing a little more information, Alegre said that Otherside will “bring communities together” and “bring new and innovative Web3-based experiences starting with gaming.” “As an NFT holder, you will be able to participate in drawing what we’re building, which is this Otherside metaverse,” he said.

The funding round was led by Spark Capital and included participation from NBA and Phoenix Suns star Kevin Durant’s venture capital firm, 35 Ventures and Google’s Gradient Ventures, to name a few. The Roi app enables users to track their stock, crypto and NFT holdings all in one place, as it can compile balances from a host of crypto/Web3 wallets to give the user a clear picture of their net worth.

Turkish TV series Magnificent Century partners with The Sandbox for Metaverse

The start-up plans to use the capital to help increase its head-count from the current five total team members, expand product offerings and hire legal and security experts.A widely popular Turkish TV series called Magnificent Century has partnered with The Sandbox to bring its IP to the Metaverse.As part of the partnership, The Sandbox users will be able to get their hands on 3D avatars depicting Magnificent Century characters by late 2023. The TV series reportedly had over 500 million viewers globally, and It marks the second major TV show IP to enter The Sandbox after The Walking Dead signed on back in 2021. “We’re excited to welcome such a globally acclaimed Turkish series as ‘Magnificent Century’ at The Sandbox and further strengthen our growing presence in this important region,” said The Sandbox COO and co-founder Sebastien Borget at the event.

The Google Play store now allows video game publishers to sell NFT games in its store, according to a July 12 blog post from the store’s group product manager, Joseph Mills. Blockchain gaming startup Spielworks recently partnered with the Web3 platform Mycelium Network to launch a program that allows full refunds for NFT purchases.

Source: https://www.cryptoknowmics.com/news/the-flash-goes-to-web3-and-yuga-labs-continues-to-work-on-their-audacious-otherside-project