Yuga Labs, the creators of the legendary Bored Ape Yacht Club (BAYC) NFT-collection, continues to contribute to the development of Web3 by introducing its Metaverse that is effectively integrated with...
Tag: Otherside
Bored Ape raises $285M from the sale of Ethereum Otherside NFTs
Yuga Labs has released its eagerly-awaited virtual land sale for the metaverse. The Otherside metaverse project has witnessed notable success, and the sale of the land has generated around $285 millio...
BAYC Otherside sales cost an unnecessary $100M in gas fees due to badly optimized code
Syndicate DAO co-founder Will Papper said on May 1 that inefficiencies in the Yuga Labs Otherside land sale caused $100 million to be needlessly wasted on gas fees. In a Twitter thread, Papper explain...
Yuga Labs Otherside project triggers a spike in ETH burning
The Ether burning rates have now reached a new all-time high level. This comes amid the launch of Yuga Labs metaverse project known as “Otherside”. Yuga Labs is the team behind the Bored Ape Yacht Clu...
Web3 business disrupted Ethereum blockchain: users rushed to buy NFTs of virtual plots in Otherside
A total of 55,000 Otherdeeds were sold at a flat price of 305 ApeCoin, or around $5,800 at the time of purchase, raising approximately $320 million in the “biggest NFT mint in history.” Yuga Labs, the...
BAYC Team Yuga Labs Raises $285M from ‘Otherside’, Spikes Ethereum Gas Fees
Yuga Labs’ Otherside NFT initiative sold out almost instantly, clogging the Ethereum network and resulting in several failed transactions. Yuga Labs recently debuted the sale of its Otherside digital ...
Do Not Acquire KYC’d Wallet For BAYC Team’s Otherside Mint
For previous few months, the brains behind Bored Ape Yacht Club NFT channel have been gearing up for their greatest product release yet. For now, all signs indicates towards Otherside being a contende...
What do the $561 million in Otherside NFT sales mean for the value of APE?
ApeCoin APE/USD is a cryptocurrency that is behind the Bored Ape Yacht Club Non-fungible tokens (NFTs) as well as the Otherside metaverse. In other words, it is a token specifically created to power a...
Ethereum user spends $44,000 in gas fees to mint Bored Ape ‘Otherside’ NFTs
Ethereum’s scalability woes come under the spotlight once more following the release of the latest Bored Ape Yacht Club NFT collection. According to CNET, ‘Otherdeed’ NFT demand was so high that gas f...
BAYC’s Otherside NFT Drop Triggers ETH Burning Frenzy
Ethereum’s burning rate has increased to unprecedented levels, fueled by the highly-anticipated virtual land sale related to Yuga Labs’, the startup behind the Bored Ape Yacht Club (BAYC), Otherside m...
Otherside land NFTs sell out in hours as Yuga Labs rakes in $317 million
The Otherside metaverse project sold out all the available 55,000 Otherdeed land NFTs within three hours of its public sale starting at 9 p.m. ET on Saturday. According to Otherside’s official T...
Otherside NFT: How sales of digital real estate have helped the ‘Apes’ grow
Staying afloat as an NFT Project within the ecosystem is largely dependent on the ability to innovate and expand. In March, Yuga Labs, the creators of the Bored Ape Yacht Club announced the acquisitio...
The Largest NFT Mint in History — Bored Ape’s Otherside Virtual Land Sale Raises $320 Million – Bitcoin News
On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out to be one of the largest non-fungible token (NFT) mints to date...
ETH gas price surges as Yuga Labs cashes in $300M selling Otherside NFTs
While the community was witness to the largest NFT mint yet, Ethereum (ETH) gas prices rose to unprecedented levels, in addition to users experiencing failed transactions due to blockchain bottlenecks...
Yuga Labs’ Otherside NFT Sales Break $310M
Key Takeaways Yuga Labs’ Otherside Metaverse issued its first NFT drop last night to wild success. Charging 305 APE tokens for each of 55,000 Otherdeeds, Yuga Labs brought in more than $310 mill...
What You Need to Know About the Bored Ape Yacht Club’s Otherside NFT Drop
In brief Yuga Labs, the creators of the Bored Ape Yacht Club, will sell NFTs for its Otherside metaverse game on Saturday. The “Otherdeed” NFTs are believed to be virtual land deeds for the game world...
Yuga Labs’ Otherside scraps Dutch-style auction for NFT sale
Yuga Labs’ impending sale of NFTs for its Otherside metaverse will no longer use a Dutch-style auction this weekend, according to a blog post. “Dutch auctions are actually bullsh*t, so Oth...
Everything You Need To Know About Newly Launches Bored Ape Yacht Club’s Otherside NFTs
The Bored Ape Yacht Club NFT ecosystem has announced the launch of Otherside. Otherside is a metaverse game world that brings together different NFT projects such as the Apes, Meebits, CryptoPunks, a...
Yuga Labs Could Net $400M From Otherside Virtual Land Sales
Bored Ape creators, Yuga Labs, are set for a big payday from the sale of the lands on its metaverse project. The company is launching the auction of over 55,000 Non-fungible tokens (NFT) deeds of the ...
BTC Below $40K, ApeCoin Soars 14% Ahead of Otherside Sale
Bitcoin failed again at overcoming $40,000 and has returned to even below $39,000. The majority of the altcoins are also in the red once more, but ApeCoin continues to defy the odds ahead of its highl...
Yuga Labs Cancels Otherside Auction, ApeCoin Rallies Past $26
Yuga Labs’ Otherside metaverse project has canceled the Dutch auction for Otherdeed NFTs. Now, the NFTs will be sold at a fixed price of 305 ApeCoins (APE) with a total of 55,000 Otherdeed NFTs availa...
ApeCoin reaches new high as Otherside launch looms
ApeCoin price continues to soar to new highs despite the generally mixed performance of the overall crypto market. The Bored Ape affiliated token reached a new all-time high of over $26.7 on April 28 ...
BAYC’s Otherside Land Sale: Everything You Need to Know
In a bid to prevent, what it calls “apocalyptic gas wars” while also encouraging a broad distribution, the Yuga Labs’ Otherside metaverse project will not conduct the Dutch auction f...