What is apecoin & otherdeed?

Both ApeCoin and this website would come into play when Yuga Labs announced the Otherdeed mint. An Otherdeed is an NFT that serves as a deed to a digital plot of land in the Otherside universe, and as an access token to participate in playtesting for the product, according to Otherside’s litepaper.

What is ape coin (ape)?

Ape Coin (APE) is an ERC-20 token created on the Ethereum blockchain that will serve as the native utility and governance currency of the BAYC ecosystem. Importantly, those wishing to buy lands in the Otherside metaverse had to pay using Ape Coin. However, at writing, there are no clear indications of what role APE will play in the metaverse.

How does Otherside work?

When it comes to deciphering how Otherside might actually work, one of the best hints to turn to is Otherdeeds. Otherdeeds is a collection of dynamic NFTs that contain all of the game elements. Each Otherdeed comes with a set of resources, and some (very few) include a Koda (more on that later).

How to buy otherdeeds (ape)?

To do so, go to the Otherdeeds page on OpenSea, the official marketplace for NFTs, which provides the market data you need to decide on making purchases. Just three days after the launch, the volume trading activity for Otherdeeds is 196,200 trades. For those who are interested in buying $APE, you can do it in five steps.