A record price for the Otherside metaverse
This Sunday, non-fungible token (NFT) collector n0b0dy.eth is available purchased land from metaverse Otherside at 625 ETH, or approximately $ 1.6 million when the transaction was completed. This is the biggest sale to date for the virtual world of Yuga Labs.
During the mint launch, which took place on the night of May 1, the first buyer was able to claim this land as well as a second for a total of 610 ApeCoin (APE) and 2,029 ETH, or $ 16 to $ 17,000 at this time. at that time. This is a more than enough profit to be made the sale of land number 59 906.
Upon his purchase, n0b0dy.eth also became a holder of a unique artifact from the Otherside metaverse, that is the Bored Ape drunk potion in the trailer, who revealed the game to the general public:
– n0b0dy.eth (@nobody_vault) May 8, 2022
While the sale of land is mentioned, neither the congestion and the costs it causes in the blockchain Ethereum (ETH), it is understood that part of the community has agreed to such an investment in the face of potential benefits.
As a reminder, the transaction fee is very high 71,718.34 ETH were burned on May 1.
👉 In addition – ApeCoin (APE), a cryptocurrency for the Bored Ape Yacht Club (BAYC) community
The popularity remains despite the market
While the cryptocurrency market is not in the most light, announcements around the metaverse continue to come. The latest is the Financial Constable in Dubai, who has joined the virtual world of The Sandbox, as well as the Vatican, which has launched a collection of NFTs in the metaverse.
On the subject of NFTs, the alarming announcement now remains Meta, to come to formalize integration it on his social network Instagram.
About Yuga Labs, Otherside’s creative studio, the company announced last week payment of fees for failed transactions to sell its land:
We refund gas bills to everyone who has made a transaction that failed due to network conditions due to the mint. Payments are sent back to the wallets used for the first transaction. Here’s how to get your refund… 🧵
– Yuga Labs (@yugalabs) May 4, 2022
If this metaverse is young, the popularity of collections owned by Yuga Labs such as the Bored Ape Yatch Club (BAYC) and CryptoPunks got it off to a solid start. However, everything still needs to be built there and it is too early to say whether it will be able to attract as many people as its competitors The Sandbox or Decentraland.
👉 Related – BAYC’s “Otherside” NFTs Sale Generates Over $ 560M in 24 Hours
Sources: Land 59,906, Sale Transaction, Mint Transaction, ETH Burned
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