LOADING

Type to search

Bored Ape Yacht Club’s Video Game Sale Ends In Another NFT Scam

Online Scams

Bored Ape Yacht Club’s Video Game Sale Ends In Another NFT Scam

Share

A Bored Ape Yacht Club ape with hands over its head grimaces while wearing a captain's hat and Hawaiian shirt.

Screenshot: Yuga Labs

Something bad is happening over in the Bored Ape Yacht Club, the year-old NFT collection owned by blockchain tech firm Yuga Labs. Bad things seem to happen almost daily in the NFT sphere and the cryptocurrency community at large, which are both unfortunately frequent targets of multimillion-dollar hacking initiatives and equally expensive scammy hijinks. Yuga Labs most recently contributed to the blood in the water with its Otherdeed for Otherside collection, an NFT-related gaming initiative which saw buyers paying thousands in failed transactions and later, once again, becoming scam targets.

On OpenSea, Yuga Labs described its Otherdeed collection as “the key to claiming land in Otherside,” a play-to-earn gaming project supported by the new token ApeCoin. Described as a massively multiplayer online role-playing game in a report by The Verge, there are very few publicly available details on Otherside, which was intended to launch in April but has not yet materialized. Some reports have been throwing around the word “metaverse,” but from Otherside’s fairly obtuse (though, credit where it’s due, high production-value) trailer, it’s unclear what exactly the project will entail aside from bringing together holders of NFTs of varying origin like CryptoPunks and World of Women in addition to BAYC.

It’s non-fungible Pixar.

Though details on the BAYC video game are still pending, the project has so far done a poor job of winning anyone’s…

Read more…

Leave a Comment

Your email address will not be published. Required fields are marked *