Scrap-metal magnate Adam Weitsman is making a splash in the digital world. He’s heavily speculated on Yuga Labs’ Otherside metaverse, including buying 5,000 NFTs directly from Yuga Labs. This development shows that they’re serious about believing in the long-term potential for this gamified collection to succeed and for the Otherside ecosystem to thrive. Weitsman's purchase includes Otherdeeds, Mega Kodas, and Weapon Kodas, all of which he intends to lock up for years, demonstrating his confidence in the project's future.
The acquisition was originally announced on August 4, 2025. This comes on the heels of Otherside’s highly successful first Bubble event and virtual KodaDay meetup, which introduced the metaverse to an even wider audience. With this investment, we hope to bring back the excitement, engagement, and user inflow of 2021’s metaverse gaming craze. Further solidifying his commitment, Weitsman plans to grow his collection through open market acquisitions.
Weitsman's Bold Move and Otherside's Revival
Adam Weitsman's purchase of 5,000 Otherside NFTs is a strong endorsement of Yuga Labs' vision for the metaverse. Second, he chose to stake these assets for a decade. This decision signals that he’s in it for the long haul, a patient capital approach, placing faith in the development and maturation of the Otherside platform. This move arrives when the Otherside items are traded by a few dozen participants, due to the current slow period for NFTs.
What’s in the Box NFT The purchase came with an eclectic mix of NFTs, such as Otherdeeds, which denote land ownership in Yuga’s Otherside metaverse. Mega Kodas and Weapon Kodas are incredibly unique and immensely powerful characters and items. Together, these pieces double the value and potential impact of Weitsman’s original portfolio. We believe that this meaningful investment will help energize the Otherside community. It will focus the public’s attention further on this deeply flawed platform.
After Weitsman made his purchase known, the Otherside collection experienced a notable increase in its floor price. It certainly didn’t help that it hit a one-month high of 0.19 ETH! This recent value appreciation is indicative of a bullish investment outlook and resurgence in hype for the Otherside metaverse. It shows the profound effect smart acquisitions can have on the value and reputation of NFT collections.
Yuga Labs' Endorsement and Strategic Shift
Yuga Labs, the company behind Otherside, is embracing Adam Weitsman’s investment hook, line, and sinker. People argue that they love his fierce dedication to the platform. Wylie Aronow, co-founder of Yuga Labs, recognized Weitsman’s entrepreneurial spirit and passion for Otherside. The company considers his participation a major coup and a promising start to his and the company’s metaversal development.
"Grateful to have Adam double down as a partner and builder for this next phase of Otherside. No one better to have in our corner." - Greg Solano
Despite this, Yuga Labs has found itself in the midst of a strategic repositioning announcement as it continues to re-structure its IP portfolio. This has included selling off some of its parent company’s iconic NFT collections, like CryptoPunks and Moonbirds, to third-party curators. This strategic move gives Yuga Labs the opportunity to concentrate its resources and efforts on building and growing the Otherside metaverse.
The firm has promised new non-fungible token characters, lands and other expansions to the realm of Otherside within the months to return. Each of these additions will enhance the multiplayer experience immensely. They’ll broaden the use of NFTs beyond the metaverse and appeal to a more diverse audience. This ongoing evolution further showcases Yuga Labs’ dedication to creating a robust and immersive metaverse.
The Future of Otherside and Metaverse Engagement
Entrepreneur Adam Weitsman has already committed to buying a few hundred Otherside NFTs. He sees metaverse platforms as a key way for educators to connect with students and create immersive, experiential learning. The Otherside metaverse is clearly designed to recapture that excitement and enthusiasm from the beginning of 2021, which came along with metaverse games. By creating a vibrant and interactive virtual world, Yuga Labs hopes to attract a large and active community of users.
"Today is a special day for me. I'm making a long-term investment in Otherside and acquiring over 5,000 Otherdeeds, Mega Kodas and Weapon Kodas direct from @yugalabs to continue building my collection. I have also committed to making a series of acquisitions on the open market…" - Adam Weitsman
The recent Bubble in-person event and virtual Idea Swap was really powerful. They recently opened the Otherside metaverse up to a much wider audience. These events provide opportunities for users to explore the virtual world, interact with other participants, and experience the unique gameplay and social features that Otherside has to offer. The platform will continue to expand and build out. If it plays its cards right, it might soon be a leading destination for metaverse enthusiasts.
Otherside works on new plugins, expansions, and in-world experiences. This is key to drawing in a bigger potential community of users. Adam Weitsman’s investment powers more growth and development. It sends a powerful message of confidence in the platform’s long-term future. The metaverse landscape is changing quickly. Whether Otherside will boldly go where no digital universe has gone before and usher in the metaverse we’ve all dreamed of and longed for remains to be seen.
