Yuga Labs has acquired US immersive media outfit Roar Studios to make use of its experience to construct out the Otherside metaverse.
Consequently 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 own 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 Unbelievable’s MSquared platform, Otherside is presently scaling up by a lot of adhoc participant assessments, with the newest permitting BAYC holders to play 3D versions of their PFPs for the first time.
Discover out extra on the Yuga Labs website.