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Yuga Labs has acquired US immersive media outfit Roar Studios to make use of its experience to construct out the Otherside metaverse.
Because of this Roar CEO Eric Reid will be part of Yuga because the GM for Otherside, charged with evolving the imaginative and prescient and main the event and manufacturing of the platform. The phrases of the deal weren’t introduced.
Roar raised $7 million in October 2021 — Galaxy Interactive led the spherical — to create its personal proprietary real-time platform, which it describes as enabling “experiential, semi-autonomous music and leisure world pushed by particular person content material creators and neighborhood consensus”.
Constructed utilizing Inconceivable’s MSquared platform, Otherside is at present scaling up by quite a few adhoc participant checks, with the latest permitting BAYC holders to play 3D variations of their PFPs for the primary time.
Discover out extra on the Yuga Labs web site.
