• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Yuga Labs will create its Otherside metaverse using the Msquared platform from Improbable

Yuga Labs will create its Otherside metaverse using the Msquared platform from Improbable

by Яночка

2 years ago


Yuga Labs and Improbable have joined forces to create a metaverse called Otherside, as announced during the Otherside town hall meeting.

Yuga Labs will create its Otherside metaverse using the Msquared platform from Improbable - news

At the meeting, it became known that Yuga Labs plans to transfer its metaverse to the Msquared platform, a network of interconnected virtual worlds from Improbable.The announcement came during an online session that brought together 1,200 to 1,300 participants in one digital space.

In addition, Improbable and Yuga Labs announced upcoming updates for Otherside, including a massive multiplayer event in July and a new World Builder ODK (Otherside Developer Kit).This developer toolset is an addition to Improbable's M2 ODK and will give creators new options for developing in Otherside.

Peter Lipka, COO and co-founder of Improbable, in an interview with GamesBeat, emphasized that Msquared is the company's cutting-edge technology for creating metaverses, enabling the sharing of infrastructure, assets and avatars between different metaverses.World Builder ODK offers the ability for gaming companies and other metaverse market participants to create their own virtual worlds while maintaining compatibility with core technologies.

Yuga Labs promises that the integration of Otherside into the Improbable infrastructure will provide the community with new opportunities to build on a massive scale with interoperability between existing metaverses on the Improbable network.In turn, Herman Narula, CEO of Improbable, argued in an interview that the Msquared platform allows users, including players, to create their own metaverses.

He also noted that, despite the fading interest in the concept of a metaverse after the pandemic, the idea of shared virtual spaces remains relevant.Narula also said Improbable has moved away from developing its own games, focusing on creating technology for metaverses and large interactive events such as virtual concerts and sports broadcasts.In conclusion, Yuga Labs' collaboration with Improbable in the early stages of work on Otherside, and subsequent expansion of the technical partnership, highlight the importance of collaboration between the two companies in creating new virtual worlds

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Maxi Doge MAXI Surges Amidst Regulatory Uncertainty

chest

Maxi Doge MAXI is gaining traction in the crypto market, appealing to traders seeking high-risk, high-reward opportunities.

user avatarNguyen Van Long

South Korean Authorities Increase Scrutiny on Crypto Exchanges

chest

Following a significant blunder by Bithumb, South Korean financial authorities are tightening oversight on domestic crypto exchanges.

user avatarSatoshi Nakamura

LiquidChain Emerges as Solution for Cross-Chain Liquidity Issues

chest

LiquidChain is gaining traction as a Layer 3 infrastructure solution aimed at unifying liquidity across Bitcoin, Ethereum, and Solana.

user avatarJesper Sørensen

Tether Plans Major Workforce Expansion Amid Regulatory Changes

chest

Tether is set to double its workforce by hiring approximately 150 new employees over the next 18 months to adapt to a tightening regulatory environment.

user avatarRajesh Kumar

US Stock Market Futures Open at All-Time High

chest

Today, US stock market futures have opened at an all-time high, with S&P 500 futures rising by 150 points since last Friday's low.

user avatarFilippo Romano

Trump Predicts Dow Will Reach 100,000 by End of Term

chest

President Trump predicts the Dow Jones will reach 100,000 by the end of his term, attributing recent stock market highs to his tariff strategy.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.