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Ethereum World News 2022-05-02 16:58:30

Yuga Labs’ Otherside Metaverse NFT Mint Broke Ethereum and Other Records, Here is a Recap of What Happened

Quick take: The Otherside Metaverse NFT mint spearheaded by Yuga Labs is thus far the largest in blockchain history 55,000 Otherdeeds NFTs were sold for a flat rate of 305 Apeocin, raising $320 million using an APE value of around $19 The mint congested the Ethereum network raising network fees to as high as 8,000 Gwei Some users paid as much as $7k in fees Roughly 64k Ethereum in transaction fees was consumed during the mint The floor price for […]

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