Recently, stakeholders have been more cautious of projects to invest in as crypto companies and NFT projects continue getting hacked, laying their teams off and pulling the rug from under their investors. The resulting hesitation and uncertainty is causing ripple effects in the crypto and NFT space. As Otherdeed for Otherside witnesses decline, Orbeon Protocol […]
Otherside
Mint Price of Popular NFTs Including Otherside Plummet
Floor prices for several of the most popular NFT collections, including the top-traded Otherdeed for Otherside metaverse land, are falling to their lowest levels in over a week. As more big collections are hit, the disputed Otherdeed for Otherside nonfungible token (NFT) floor price has plummeted below its mint price to 2.45 Ether (ETH), worth […]
Yuga Labs Keeps up the Promise: Failed ‘Otherdeed’ Transaction Users Receive Gas Fees
Yuga Labs reported in a Wednesday Twitter thread that everyone who failed to mint an “Otherdeed” non-fungible token (NFT) before April 30 had received their gas fees back. Yuga Labs stated in the thread, “We have reimbursed gas prices to everyone who performed a transaction that failed due to network constraints created by the mint.” […]
Yuga Labs Otherside Metaverse Sales Cause a Surge in ETH Gas Fees
While the Yuga Labs and BAYC community saw the world’s largest nonfungible token (NFT) mint, Ethereum gas costs skyrocketed, and users experienced failed transactions owing to network delays. Yuga Labs, the company behind the Bored Ape Yacht Club, has begun selling Otherdeed nonfungible tokens, which represent digital land titles, on its latest initiative, the Otherside […]
Ethereum crumbles as Otherside NFTs sell for a record-breaking $317M
Ethereum [ETH] buckled under pressure during the record-shattering sale of Otherdeed non-fungible tokens [NFTs] on Yuga labs’s new project, the Otherside metaverse. As the world’s largest NFT mint unfolded, ETH gas prices surge to 8000 Gwei, data from Etherscan block explorer showed. For the record, Otherdeed NFTs could be minted only in APE, it also required ETH for […]
ApeCoin Is Trading at an All-Time High Ahead of the Metaverse Launch
ApeCoin, developed by Yuga Labs, is trading at all-time highs ahead of Saturday’s Otherside NFT auction. The NFTs are thought to represent land parcels for the Otherside Metaverse. The subsequent major development in the universe of the Bored Ape Yacht Club is just around the corner. Participants can take part in the first mint for […]