BAYC Metaverse Land Sale Fetches $285M But Investors Paid $176M in Gas Fees Alone

Name: BAYC Metaverse Land Sale Fetches $285M But Investors Paid $176M in Gas Fees Alone
Uploaded: 2022-05-02T18:45:58Z
Duration: 6 min 417 s
Description: Yuga Labs debuted its long-awaited Bored Ape Yacht Club metaverse project “Otherside,” generating roughly $285 million in digital land sales, but the Ethereum-based project created some of the highest gas fees in the network’s history – costing investors over $176 million.

May 2, 2022

Yuga Labs debuted its long-awaited Bored Ape Yacht Club metaverse project “Otherside,” generating roughly $285 million in digital land sales, but the Ethereum-based project created some of the highest gas fees in the network’s history – costing investors over $176 million.

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