Otherdeed for Otherside NFT accumulated trading volume reached 191,200 ETH, The Mint price is 305 APE, Now the floor price is 3.69 ETH, the floor price near the NFT are mostly no Koda land, from the recent several transactions, Koda presence of land price in the 50 ETH or so.
https://opensea.io/collection/otherdeed
ApeCoin saw an all-time high price of $27.6 on April 28, according to Binance. As of the time of writing the price sits at $14.5. As the land auction comes to an end, APE's brief decline and more importantly ApeCoin DAO and Yuga Labs decide how to use APE in the future.
The Otherside digital land sale is the largest NFT mint in crypto’s short history, but it also resulted in some of the most wallet-busting gas fees ever seen on the Ethereum network.
The Otherdeed gas war led to the sale running up an additional $175 million, almost 64,000 ETH in fees. but also created a transactional bottleneck on the ETH network. in transaction fees that cost individual buyers between $4000 and $10,000. Such high mint fees caused many to complain they were unable to make purchases.
Over $200 million worth of ETH was lost to gas fees due to failed transactions. Yuga Labs tweeted that it would return these funds to anyone affected.
Otherside and the Future of NFT Consolidation, In the wake of its chaotic metaverse land sale, Yuga Labs says it has outgrown Ethereum. Otherside metaverse may be looking to migrate away from Ethereum to its own Layer 1 blockchain to improve scalability.
Break On Through entering The Otherside
Otherside is a gamified, interoperable metaverse currently under development. The game blends mechanics from massively multiplayer online role-playing games (MMORPGs) and web3-enabled virtual worlds. Think of it as a meta RPG where the players own the world, your NFTs can become playable characters, and thousands can play together in real-time.
Leave Your Mark First To The Future
The mission is to make Otherside immersive, interactive, and collaborative in a way that’s never been done before. So in the spirit of Dungeons and Dragons, Otherside will be an always-evolving experience co-created with its players. With an Otherdeed, you can participate in prototype builds, demos, and tests that shape the final game design and experience.
Otherside will bring together various leading NFT projects within a Massively Multiplayer Online Role-Playing Game (MMORPG). This includes Apes, CryptoPunks, Meebits, World of Women, CrypToadz, and Cool Cats.
Build on the Otherside, collect resources, create and play on it, and make yourself at home. Otherside will be what you make it, and your Otherdeed will be your key.
There will be a total of 200,000 Otherdeeds. The first 100,000 Otherdeeds are available on April 30, 2022. The second 100,000 Otherdeeds will be exclusively rewarded to Voyagers who hold Otherdeeds and contribute to the development of Otherside.
After weeks of build-up and wild speculation, the big sale is over, Land comes in different types, Having a Koda character on your land adds value.
Yuga Labs has continued to make progress in taking the NFT field to the next level. The emergence of competent investment funds such as a16z or Animoca Brands will undoubtedly introduce numerous outstanding products with the goal of establishing a new culture in the virtual universe.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
MetaCreat
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