• 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

a year 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

Coinbase Negotiates Acquisition of BVNK for $2 Billion

chest

Coinbase is negotiating the acquisition of BVNK, a stablecoin infrastructure startup, for approximately $2 billion.

user avatarDiego Alvarez

Circle Integrates USDC and Developer Services on Monad Blockchain

chest

Circle is deploying its full suite of infrastructure, including USDC and developer services, onto the Monad blockchain to enhance capital-efficient applications.

user avatarKenji Takahashi

Core Scientific Rejects CoreWeave's $9 Billion Acquisition Offer

chest

Core Scientific shareholders voted against a $9 billion acquisition offer from CoreWeave, indicating confidence in the company's independent growth potential in the AI infrastructure market.

user avatarGustavo Mendoza

CoreWeave Acquires Marimo to Enhance AI Application Development

chest

CoreWeave has acquired Marimo, an open-source competitor to Jupyter Notebook, to enhance its capabilities in AI application development.

user avatarMaria Fernandez

Galaxy Digital Executes Major Bitcoin Sale for Estate Planning

chest

Galaxy Digital has executed a major sale of over 80,000 BTC, valued at more than 9 billion, for a Satoshiera investor as part of an estate planning strategy.

user avatarRajesh Kumar

Milk Mocha Fans Transition to Web3 with HUGS Token

chest

Milk Mocha's fandom is transforming into a blockchain community through the HUGS token, allowing fans to own and participate.

user avatarLuis Flores

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.