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Yuga Labs' new project "Otherside" team members introduction as April launch approaches

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Yuga Labs

After the issuance of tokens through "ApeCoin DAO," the developer Yuga Labs immediately announced a new token project called "Otherside," in which several top NFT projects are also included, as seen in the video.

Among them, Mutant Ape experienced the most significant increase after the release of "Otherside" and ApeCoin APE, but the other projects did not see a significant surge. CrypToadz even dropped by over 20%, and the leading project Bored Ape Yacht Club (BAYC) did not experience much fluctuation. This article will briefly introduce these blue-chip NFT projects.

In the video, the bored ape smoking by the pier was fishing, and after catching a bottle of liquid labeled "drink me," he drank it straight down, similar to taking the red pill in "The Matrix." The environment around him underwent drastic changes, with volcanic eruptions and the ground rising. He was then lifted into the sky by a flying object resembling a miniature Ultraman, only then did he see that the bottle actually said, "do not drink me."

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He was taken to a place presumably set by the storyline as "Otherside," and on the way, he encountered other NFT project characters flying ships, including MAYC, CryptoPunks, Meebits, Cool Cats, World of Woman, Nouns, and CrypToadz.

Mutant Ape Yacht Club (MAYC)

Mutant Ape Yacht Club (MAYC) was established last year and airdropped three levels of mutant serums to Bored Ape holders, allowing them to mint mutant apes with corresponding traits.

The M3 serum, of which there are only eight, was sold in January this year for a record-breaking 1,542 ETH, surpassing the historical high of Bored Ape Chemistry Club (BACC).

  • Developer: Yuga Labs
  • Discord Members: 160,619
  • Launch Date: 8/28/2021
  • Total Supply: 20,000
  • Floor Price: 22 ETH
  • Highest Price: 350.78 ETH #4849
  • Market Cap/Rank: $524 million/5th
  • ApeCoin Price Increase after Release: 16%

CryptoPunks

CryptoPunks, the pioneer of NFT profile pictures, has gone through a series of controversies, floor price overtakes, and acquisition by Yuga Labs, the developer behind Mutant Ape Yacht Club. Despite being early adopters of the ERC-721 standard and offering free mints, CryptoPunks still holds the top position in terms of market value, but all eyes are now on the positive developments surrounding Bored Apes.

  • Developer: Larva Labs
  • Discord Members: 59,053
  • Launch Date: 6/23/2017
  • Total Supply: 10,000
  • Floor Price: 70.7 ETH
  • Highest Price: 124,457 ETH
  • Market Cap/Rank: $1.66 billion/1st
  • Price Increase after Yuga Labs Acquisition: 3.5%

Meebits

As Larva Labs' third project, Meebits garnered significant attention prior to its launch and was instantly sold out. Dubbed as an upgraded version of CryptoPunks, Meebits transitioned from pixelated avatars to 3D figurines.

Although Meebits holds the fourth position in terms of market value, there was no significant price increase after the Yuga Labs acquisition.

  • Developer: Larva Labs
  • Launch Date: 5/3/2021
  • Total Supply: 20,000
  • Floor Price: 5.472 ETH
  • Highest Price: 15,208 ETH #4092
  • Market Cap/Rank: $742 million/4th
  • Price Increase after Yuga Labs Acquisition: 1.8%

Cool Cats

Inspired by the artist Colin/The Catoonist's main character Blue Cat over the past decade, Cool Cats is a project composed of over 300,000 unique traits. According to their roadmap, Cool Cats holders are empowered with features such as airdrops, earning Milk tokens, breeding, and constructing a metaverse in Sandbox. The latest project, "Cool Pets," will also allocate half to Cool Cats holders.

The official announcement states that in the third quarter of this year, a top-secret project named "Myno Mayhem TBD" will launch, granting Cool Cats holders governance voting rights.

  • Developer: The Catoonist
  • Discord Members: 100,150
  • Launch Date: 7/1/2021
  • Total Supply: 9,999
  • Floor Price: 8.6 ETH
  • Highest Price: 320 ETH #1490
  • Market Cap/Rank: $153 million/12th
  • Price Increase after Otherside Release: 7.2%

World of Women

Female-themed NFTs emerged at the end of last year, with only 5% of NFT trades coming from female artists in the past two years. World of Women (WoW) aims to create an inclusive Web3 through art pieces and community building.

With a total supply of 10,000, WoW holders possess commercial rights, and those with rare attributes of the NFT can receive royalty sharing and 50% of the revenue from the WoW Foundation. WoW released its second project, "WoW Galaxy," on 3/26.

  • Artist: Yam Karkai
  • Discord Members: 60,393
  • Launch Date: 7/2021
  • Total Supply: 10,000
  • Floor Price: 9.448 ETH
  • Highest Price: 220 ETH #9248
  • Market Cap/Rank: $122 million/15th
  • Price Increase after Otherside Release: No Change

Nouns

Nouns are familiar 32x32 pixel art avatar NFTs, but their fixed total issuance sets them apart. Nouns operates on a "perpetual" issuance model, auctioning a new Noun every day, with the series currently at number 257.

The team has established the Nouns DAO, where only NFT holders can participate in governance. All auction proceeds, which total 21,977 ETH, go to the treasury. Nouns are pseudo-randomly generated based on Ethereum hash values, with no defined rarity attributes, and the team claims that all Nouns are equally rare.

  • Developer: Noun Protocol
  • Discord Members: 20,456
  • Launch Date: 8/2021
  • Total Supply: Unlimited, with daily auctions of one Noun
  • Floor Price: 72 ETH
  • Highest Price: 613 ETH for a Level 1 auction
  • Market Cap/Rank: $9.15 million/254th
  • Price Increase after Otherside Release: No Change

CrypToadz

Amid the plethora of NFT collections and PFPs introduced in 2021, Gremplin's CrypToadz stands out as one of the successful products. Despite Gremplin's recent debut earlier this year, he quickly established himself in the NFT field as a community leader and promising NFT artist.

Gremplin crafted a vibrant storyline for CrypToadz, portraying himself as the evil overlord Gremplin ruling over the 6,969 CrypToadz trying to escape him. The project incorporates a large amount of pixelated aesthetics, meme references, NFT scarcity, and the popular frog theme in the crypto community.

  • Artist: Gremplin
  • Discord Members: 17,559
  • Launch Date: 9/2021
  • Total Supply: 6,969
  • Floor Price: 2.945 ETH
  • Highest Price: 420 ETH #1519
  • Market Cap/Rank: $103 million/20th
  • Price Fluctuation after Otherside Release: -29.7%

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