The Otherside Metaverse land sales have started. Have you purchased land in the Otherside Metaverse? The much-awaited Otherside Metaverse project requires users to undergo KYC verification. Yes, Otherside Meta KYC is needed for users to participate in the minting process. Do you want to know more? Here is a post to help you understand everything about the Otherside Metaverse and Otherside meta KYC.
The much-anticipated project, the Otherside Metaverse, was launched on April 30. Earlier the details related to the project were not disclosed. However, now the entire roadmap of the project has been unveiled. The mint event is only for those users who successfully complete the Otherside Meta KYC. Users need to have some ETH for gas fees along with APE to mint the Otherside Metaverse land NFTs.
Users need both ETH and APE currencies in the wallet for the Otherside Meta KYC process. If you are the Bored Ape Yacht Club NFT owner or Mutant Ape Yacht Club NFT owner, you’ll have 21 days after the auction to claim your NFTs. One of the best parts is you don’t need to be KYC-approved to claim it. However, Otherside Meta KYC is important if you wish to mint in the auction.
People are still unaware that Otherside Meta KYC is important to be a part of the minting process. Excited to get more details? This post will let you know whatever you are searching for. We have gathered details about the Otherside Metaverse and Otherside Meta KYC. So, without any further delay, let us find out more about Otherside Meta KYC. Happy Reading!
What Is Otherside Metaverse Land?
The Otherside Metaverse project has been released recently. The land auctions took place on April 30. Otherside metaverse land has received a positive response from fans. Users can buy the Otherside Metaverse land on OpenSea. It has lots of benefits for users. Each Otherside Metaverse land plot’s cost was 305 APE. Around 55,000 land parcels were sold and $320 million was raised from the sale. However, you were required to pass the KYC check if you wish to bid in the auction.
What Is Otherside Meta KYC?
The BAYC Otherside Metaverse land auction had imposed Otherside Meta KYC checks. The project needed a KYC (Know Your Customer) verification to be a part of the land auctions. Those users who want to bid in the auction of the Metaverse land NFTs, need to pass the Otherside Meta KYC check as per the Twitter announcement.
KYC is a process wherein an individual’s personal details are gathered. KYC is an uncommon practice in this unregulated NFT world. Other Yuga Labs’ NFTs like the Bored Ape Yacht Club, Mutant Ape, and Kennel Club didn’t involve any KYC process. The present Otherside Metaverse project will involve bids in ApeCoin cryptocurrency. It is crypto tied to the BAYC NFT ecosystem.
How To Do Otherside Meta KYC
The Otherside Meta KYC will not be applicable to those BAYC and MAYC holders who just wish to claim their NFTs. They need to claim them within 21 days of the auction. However, they need to go through the Otherside Meta KYC if they want to bid in the auction.
The Otherside Metaverse has gained lots of attention recently. It has been launched and people are buying land in the Metaverse. However, they need to go through the Otherside Meta KYC process. This post includes all the Otherside Metaverse and the Otherside Meta KYC information. What do you think about this Otherside Meta KYC? Do share your thoughts with us by commenting right below. Don’t forget to share the post and let your friends know about the Otherside Meta KYC.