Yuga Labs initiates testing of its Otherside Metaverse, inspired by Bored Apes, offering players the freedom to explore various experiences while being mindful of their own limits. Initial feedback from users varied, with some NFT owners benefiting from the concept, though the product is still in its early stages.

One user noted that the exposure to Otherside felt more like a proof of concept rather than a significant investment of time and money. However, others found the experience to exceed their expectations, with positive feedback on all aspects of the APES COME HOME exposure, even resonating with children due to its surreal imagery.

Following an executive transition at Yuga Labs, Otherside Metaverse was introduced under the leadership of new CEO Greg Solano, succeeding former Activision executive Daniel Alegra. Despite challenges, the price of Apes has risen to 21.99 ETH, equivalent to approximately $74,449 USD.

In other news, Pavel Durov, CEO of Telegram, announced that channel owners on the platform will now receive monetary compensation for their efforts. The Telegram Ad Platform, set to launch in multiple countries, will allow channel owners to earn 50% of the total revenue generated from ads placed on their channels. Payments will be verified using the TON blockchain, ensuring secure and prompt withdrawals. Consequently, the price of toncoin, the standard token of the TON blockchain, has surged by approximately 30%, currently trading at $2.70.

Moreover, the market valuation of dog-themed coins has surged by 30%, surpassing $30 billion.