Bored Apes Otherside Builder: Web3 ‘Only Plausible Solution’ to Manage Metaverse Economy

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Gaming technology firm Improbable is creating the infrastructure underpinning Bored Ape Yacht Club creator Yuga Labs’ metaverse platform Otherside. Improbable’s CEO Herman Narula seems to have been won over by the rhetoric of Web3, declaring that despite being “quite skeptical” of crypto and digital assets, he now sees it as “the only means to efficiently monetize and share value in a metaverse.” Speaking at Web Summit, Narula said that, “A metaverse is a network of related experiences, many of which could not live alone.” Instead, he said, they “require the possibility ...

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