Boredom-Inducing Apes on MTV

This Sunday, at the MTV Video Music Awards, hip-hop megastars Eminem and Snoop Dogg are scheduled to perform a live show with an Otherside-themed theme.

The performance, which is being developed in collaboration with Yuga Labs and has been described as "one-of-a-kind" in the press release, It is anticipated that the stage would be redesigned so that it reflects the NFTs and metaverse look of the design studio. The announcement indicates that this will be the first time ever that an award show has a performance that is inspired by the metaverse.

Yuga Labs, the business that is responsible for the widely known Bored Ape Yacht Club (BAYC) NFT collection, is the creator of the realm known as the Otherside metaverse. The initiative was first presented to the public in April 2021, and it quickly gained support from notable figures, including Paris Hilton, Jimmy Fallon, and Justin Bieber. In May, their price reached its all-time high of over $435,000; on OpenSea, the least expensive pieces of the collection are currently trading for 77 ETH, which is equivalent to approximately $130,900. They were first sold for approximately $200.

Snoop Dogg and Eminem will be singing "From The D 2 The LBC," a rap collaboration that they released in June and is nominated for the award for Best Hip Hop at the upcoming Grammy Awards. Both artists purchased their own Bored Apes at the beginning of the year. The song video, which presently has over 46 million views, prominently incorporates animation that is centered to BAYC.

The Mutant Apes, the Otherdeeds land plots, and ApeCoin, the cryptocurrency that serves as both a utility token and a governance token for the ecosystem, are some of the additional components that make up the Otherside metaverse. In addition, a video game titled Otherside is now being developed, as is a film anthology titled Bored Apes focusing on three short films. Recently, the high-end fashion brand Gucci made the announcement that some of its outlets in the United States will now accept ApeCoin as a form of payment.

MORE ARTICLES

Avalanche (AVAX): Breaking Through This Level May Shift Shorter Timeframe Bias to Bullish

Alphaprime Finance Review – Is Alphaprime Finance a Scam or a Legitimate Business?

Tag Heuer, a Swiss watchmaker, is getting ready to accept cryptocurrency as a payment method.

Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. The information that can be found on or accessed through this website is obtained from independent sources that we believe to be accurate and reliable; however, Decentral Media, Inc. does not guarantee or warrant that the information will be accurate, complete, or timely. It should be noted that Decentral Media, Inc. is not a financial advisory service. We do not provide personalized advise on investments or any other kind of financial advice. There is no guarantee that the information provided on this website will not be updated without prior notification. There is a possibility that any or all of the information provided on this website will become out of date, or that the material will either already be incomplete or will soon become so. It is possible that we will update any information that is out of date, missing information, or wrong; but, we are not bound to do so.

You should never make an investment decision on an initial coin offering (ICO), initial exchange offering (IEO), or any other investment based on the information on this website. Additionally, you should never interpret any of the information on this website as investment advice or rely on any of the information on this website in any other way. If you are interested in obtaining investment advice on an initial coin offering (ICO), initial exchange offering (IEO), or any other type of investment, it is highly recommended that you speak with a certified investment advisor or another qualified financial professional. When it comes to evaluating and reporting on initial coin offerings (ICOs), initial exchange offerings (IEOs), cryptocurrencies, currencies, tokenized sales, securities, or commodities, we do not accept any form of compensation, under any circumstances.