LOGO_CRYPTO_SIGHT

Yuga Labs Finalized Acquisition Of Beeple’s 10KTF Game, Plans For Metaverse Integration

By Irene L. | November 16, 2022

Yuga Labs, creating force behind Bored Ape Yacht Club (BAYC), reportedly finalized the acquisition of 10KTF – the NFT game established by digital artist Michael Winkelmann, alternatively known as Beeple.

Specifically, 10KTF reportedly functions as a browser-dependent NFT game, which makes it possible for players to dress their heroes with crafted items and loadouts, to carry out in-game missions. 

Missions reward players with APE coins, badges, materials, and free airdrops.

The game has further plans down its pipeline to roll out numerous items which are wearable by an avatar in the future, nominally pairs of socks and backpacks – preferred items from the game’s collection. 

Until now, supporters have been wondering what Metaverse platform will make these items available. Now with an official announcement of the acquisition, several supports have started to speculate that 10KTF items may become wearable within Yuga Labs’ as-yet-unreleased Otherside metaverse ecosystem.

A thread published via the 10KTF official Twitter channel on Nov. 14 reportedly displayed pictures of the 10KTF hero, Wagmi-San, drinking an elixir that was initially included in the Otherside trailer. The final post in the thread is a retweet from the Otherside’s channel, which says “welcome to the Otherside, Wagmi-San.”

As soon as final details of the acquisition go through, the firm reportedly revealed that Beeple will be brought on board to work as an advisor for Yuga Labs.

In March 2022, YugaLabs reportedly issued an official announcement regarding its decision to purchase both the Cryptopunks and Meebits NFT collections from the nonfungible pioneers at Larval Labs. 

At the time, Larval Labs co founders Matt Hall and John Watkinson said that, though they were not joining Yuga as part of the deal, “we saw in [Yuga Labs] the skill set and expertise in this space that we were missing.”

Tags: , , , ,

Related Articles

Comments