ApeCoin plummets after the Otherside land mint took place. The largest and most awaited Otherside land mint took place on April 30. Otherdeeds NFT was launched by Yuga Labs, the company behind the Bored Ape Yacht Club. These NFTs are tied to the Otherside Metaverse. Though the Otherside land mint didn’t go as per plans. However, the result of the Otherside land mint was something no one expected. Want to know what really happened? Read through the post to get all the details.
The Otherside land mint required users to go through a KYC process. Those who were successfully able to complete this process could further participate in the Otherside land mint. The Otherside Metaverse was a much-awaited project. Users have given a lot of attention to this project. People can be seen crazily investing in the project.
The Otherside land mint was the most anticipated project. The large demand for the Otherdeeds NFT led to an increase in the gas fees. It resulted in costing thousands of dollars for Otherside land mint. It cost around 305 APE roughly equal to $6,000. However, many users faced issues while participating in this minting process. They didn’t receive their Otherdeeds NFT and rather paid a gas fee.
Want to know more about this Otherside land mint? It was something very interesting. So, you must be curious to get all the information, right? Here is a post that will help you with everything you are looking for. This post includes all the relevant details related to the Otherside land mint. So, let’s dive into the post and get more information about this Otherside land mint.
What Is Otherside Land Mint?
The news about the Otherside Metaverse was disclosed last month. Since then, people were eagerly waiting for the launch of the Otherside Metaverse. As expected, the Metaverse was released on April 30. However, the response was something beyond expectations. Yes, various users crazily participated in the Otherside land mint.
Users needed to go through the KYC process to participate in the Otherside land mint. Those who were part of the Bored Ape Yacht Club and Mutant Ape Yacht Club can claim the NFTs without any KYC. In case, they want to mint the NFTs, they also needed to go through the KYC process.
The Otherside land mint had 200,000 unique land plots that could be claimed with Otherdeeds NFTs. Only the first 100,000 were available on April 30. Out of which 55,000 were made available to the KYCed wallets. Let’s see what were the requirements for the Otherside land mint.
Requirements For The Otherside Land Mint
There were four requirements for the Otherside land mint. Let’s see these requirements.
- ApeCoin for minting Otherside land
- ETH as a gas fee
- Prior KYC approval through Blockpass
- Crypto wallet.
If you had all the four things, you can easily proceed with the Otherside land mint using the OpenSea website. The price of each NFT was 305 APE. Only a maximum of two NFTs could be purchased through a crypto wallet. This NFT minting was one of the huge as the demand exceeded the expectations. The users who’ve faced transaction failure issues were promised to get their fees refunded soon.
This post covers all the necessary information about the Otherside land mint. We hope you’ve got enough information about the Otherside land mint. Got any further queries? Don’t hesitate to share them with us in the comment section just below. Share it if you find the post useful. Go through other related posts on our website to get a deeper understanding of the Otherside Metaverse.