Yuga Labs Refunds Gas Fees for Failed BAYC LAND Sale

Yuga Labs, the company behind the popular NFT collection Bored Ape Yacht Club (BAYC) has refunded the gas fees of everyone who failed to mint an Otherdeed non-fungible token (NFT) because of technical problems. Failed Gas Fees Returned for Failed Otherdeed NFT Mint In a Twitter thread, Yuga Labs announced on reimbursing the transaction costs or gas fees to those who were unable to buy digital land on the company’s upcoming metaverse, “Otherside,” which netted the company $320 million in sales over the weekend. “We have refunded gas fees to everyone who made a transaction that failed due to network conditions caused by the mint. The fees have been sent back to the wallets used for the initial transaction,” Yuga Labs said in the thread. According to data from Etherscan, the company spent a total of 90.57 ETH worth $265,000 at current prices on roughly 640 refunds. The largest individual refund was 2.6 ETH worth roughly $7,500. Yuga tapped MultiSender to redistribute the funds, a dapp that does not require wallets to interact with or confirm a contract before receiving a payment. Stay safe. Your refund is in ETH and was issued from https://t.co/ZnYDm173iI.– DO NOT interact with any tokens you’re not expecting in your wallet. Do not click them and do not try to delete them.– DO NOT connect your wallet to any site claiming to have your refund. — Yuga Labs (@yugalabs) May 4, 2022 Largest NFT Mint in History Yuga Labs’ land sale of “...