Designed by Yuga Labs alongside Bored Apes NFTs, Kodas is a collection of 10,000 alien creatures that occupy the Otherside virtual world.
Koda NFTs have a flair of mystery around them as more info on this 'race of celestials' has to be announced.
What are Kodas NFTs
Kodas are a collection of 10,000 rare critters, also called by Yuga Labs, a 'race of celestials' with distinctive traits and high value in the metaverse ecosystem.
Only a little has been disclosed since the Otherside trailer launch, and the NFT space has been speculating significantly on their utility and the possible investment opportunity they offer.
There are rumors that the Koda NFTs could one day help redefine the metaverse ecosystem or be the next Bored Ape Yacht Club type of NFT.
Kodas are described as a race of 'celestials' in a Yuga Labs pitch deck leaked and shared on Twitter. They are said to have been formed in the Big Bang and were born with cosmic energy.
Ana Fernandez
The definition shared on the pitch deck goes as follows:
"There aren't many celestials left, and without their creational energy, the universe as we know it will collapse. Not all hope is lost. Should the right creature evolve, each celestial carries the blueprints and instructions to jumpstart the universe into its next evolution.
Luckily for us, one race of celestials remains – the Kodas. The Kodas have discovered intelligent life on Earth and have been monitoring our evolution, biding their time and waiting for the right moment to reveal themselves…."
After the pitch deck was leaked, Yuga Labs stated that it was an old one. Yuga Labs Co-Founder, Gargamel, said on Discord:
"That's an old, outdated pitch deck and a hilarious one that neither Gordon nor I ever saw. There are many things here that we have already changed and will continue to change things because screw doing expected things."
However, after the hype went down, BAYC tweeted: "What the f** is Koda?" sparking the interest again.*
Otherside
Before we deep-dive at the potential of Kodas, let's take a detour to the Otherside, BAYC's ambitious metaverse project to date.
The Otherside is a 3D metaverse gamified and created in collaboration with Animoca Brands and powered by ApeCoin.
In the project's trailer, there are other NFTs from Cryptopunks to Mutant Ape Yacht Club to World of Women to Meebits and many other NFTs from Yuga Labs, making it an exciting project for fans.
The Otherside metaverse has captured the attention of some prominent investors, raising $450 million in its seed round, including from big names like The Sandbox.
Otherside lands and Kodas
And what do Otherside lands have to do with Kodas? Well, users can get some Kodas when purchasing a plot of land. Each plot of land comes with the possibility of accessing natural resources and artifacts unique to that land, and some lucky few might even get a Koda.
The official Otherside site describes it as follows:
"Meet the Kodas, the primal beings that have ushered us into the Otherside. We don't know why they've brought us here or what their affinity to this land is. If you are lucky enough to meet a Koda, tread cautiously."
Time will tell how Kodas evolve in the NFT and metaverse space and what interesting new features they bring for investors and collectors alike.
