Yuga Labs Partners With Somnia to Increase Metaverse Interoperability and Incentives
Somnia,
a
high
performance
L1
blockchain
and
set
of
omni-chain
protocols
designed
to
scale
the
metaverse,
partners
with
Yuga
Labs,
the
creators
of
iconic
Web3
projects
like
Bored
Ape
Yacht
Club
(BAYC)
and
the
Otherside.
Somnia’s blockchain
is
optimized
for
gaming
and
the
metaverse,
with
the
potential
to
handle
hundreds
of
millions
of
transactions
per
second,
and
its
omni-chain
protocols
are
designed
to
connect
the
metaverse,
NFTs,
and
gaming ecosystems.
Yuga
Labs is
a
media
company
best
known
as
the
creator
of
the
Bored
Ape
Yacht
Club
NFTs
and
the
owner
of CryptoPunks.
Yuga
Labs
was
founded
in
2021,
when
the
Bored
Ape
Yacht
Club
was
launched.
Across
all
of
its
collections,
Yuga
Labs
has
generated
roughly
$19
billion
in
volume,
accounting
for
a
large
portion
of
the
NFT
market.
With
this
partnership,
The
Somnia
Protocol
will
unlock
a
new
world
of
possibilities
in
Yuga
Labs’
Otherside,
bringing
interoperability
and
new
utility
to
their
collections.
Holders
of
Yuga
collections
will
be
able
to
join
metaversal
events
with
their
avatars,
show
off
their
NFT
collections
and
earn
bonus
points
in
Somnia
quests.
Holders
of
select
Yuga
Labs
NFTs
will
also
get
a
bonus
on
points
earned
in
Somnia’s
upcoming
Metaverse
Browser
quests,
with
other
features
and
benefits
to
be
announced.
The
Metaverse
Browser
is
designed
to
be
a
consumer
front
end
to
the
metaverse.
It
will
serve
as
a
decentralized
Steam
or
Epic
Game
Store.
It
lets
users
interact
with
metaverses
and
apps
on
the
Somnia’s
Ecosystem,
without
needing
to
know
anything
about
web3.
It’s
designed
to
be
open
to
allow
anyone
to
deploy
apps
and
content
with
it.
“Our
collaboration
with
Yuga
Labs
is
all
about
enhancing
the
NFT
ecosystem,
offering
their
holders
not
just
utility,
but
a
gateway
to
immersive,
interactive
experiences
that
push
the
boundaries
of
what
NFTs
can
do”
Somnia
founder
Paul
Thomas
said.
Yuga
holders
will
be
able
to
use
their
avatar
in
any
world
or
experience
that
is
built
on
Somnia.
Their
identities
and
digital
assets
will
also
be
compatible
across
a
wide
range
of
experiences.
They’ll
be
able
to
attend
massive
events,
like
the
Twice
listening
party
and
MLB
Virtual
Ballpark
that
were
hosted
by MSquared.
About
Somnia:
Somnia
is
creating
a
virtual
society
with
an
L1
blockchain
and
a
set
of
omnichain
protocols
designed
to
bring
millions
of
users
into
an
open
and
unified
metaverse,
allowing
users
to
move
seamlessly
across
experiences.
Somnia
opens
up
endless
possibilities
for
builders
to
create
content
that
is
portable
and
remixable
content
by
upgrading
existing
NFTs.
For
more
information,
please
visit Somnia.Network
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