One week after the Avalanche blockchain (AVAX), it is the second layer solution of Ethereum (ETH) Immutable (IMX) that has expressed the wish to host Otherside, the metaverse of the Bored Ape Yacht Club (BAYC). A solution that should better suit the BAYC community, which had largely announced its preference to remain on Ethereum, its historical blockchain.
Immutable proposes itself as a solution for the Otherside metaverse
Immutable (IMX), a second layer solution of the Ethereum blockchain (ETH), structured on the StarkEx engine and specialized in non-fungible tokens (NFTs), proposes to host Otherside, the metaverse of the Bored Ape Yacht Club (BAYC).
According to this proposal, made by Immutable directly on the forum dedicated to ApeCoin (the cryptocurrency dedicated to the BAYC universe), and thus via its DAO, the Immutable X network is a solution of choice for Otherside:
“To date, Immutable has mined (minted) over 50 million NFTs and processes more NFT transactions per month than any other blockchain or Layer 2 – all without compromising Ethereum’s security, mining and exchanging without fees, while enabling instant settlement of transactions.”
Indeed, Immutable is an overlay specialized in NFTs, and hosts within it many large-scale projects such as OpenSea, GameStop or TikTok. Moreover, as a layer 2, the network benefits from the security of its parent blockchain Ethereum.
In its proposal, Immutable claims that its scalable network via its scalability (up to 9,000 transactions per second), is the best solution for the future of Otherside.
Ethereum favored by the community
A week before this new proposal, it was the Avalanche blockchain team (AVAX) that had proposed to host the Otherside metaverse. However, the BAYC ecosystem has so far been based on the Ethereum blockchain, and the ApeCoin forum community has overwhelmingly announced that it wishes to maintain this.
Indeed, many forum members, whether directly via the DAO or via Twitter, have stated that they are opposed to implementing Otherside on any other network than Ethereum, and that therefore the Avalanche blockchain is unsuitable.
Robbie Ferguson, the co-founder of Immutable, had already stated on Twitter on May 1 that blockchain overlay solutions could more than cover Otherside’s autonomy, security and scalability needs.
“It was BAYC that brought NFTs to the mainstream and got us to a point where people like Jimmy Kimmel, Justin Bieber and Stephen Curry all own Ethereum assets. ApeCoin is an important part of Ethereum’s history and hopefully its long-term future.”
Currently, Immutable is the only Ethereum layer 2 solution that has offered to host the BAYC metaverse. Other layer 2s could thus claim this role, such as Loopring or ZK Space.
However, let’s remember that the ApeCoin DAO has no control over how the future of Otherside will be structured. At most, the forum can allow the Yuga Labs team to survey the temperature of its community.
It would seem however that a layer 2 of Ethereum remains the most appropriate solution at this time, although no possibility has yet been officially mentioned by the team in charge of the project.