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CATEGORY: otherdeed


May 28, 2023 10:30

Burning Metrics: Ethereum Burns 3.33 Million Ether Valued at $6.1 Billion in 21 Months

In the past 21 months following Ethereum’s London hard fork, the network has witnessed the destruction of over 3.33 million ether, valued at $6.1 billion. At present, roughly 3.51 ether is burned every single minute. Standing out as a prominent participant in the burn process since August 5, 2021, just below conventional ETH transfers, is [...]

The post Burning Metrics: Ethereum Burns 3.33 Million Ether Valued at $6.1 Billion in 21 Months appeared first on Crypto Breaking News.

Mar 28, 2023 07:50

Yuga Labs Unveils Legends of the Mara Game for Otherdeed NFT

BAYC community apes into Otherdeed NFTs, as those will be needed to defend the Otherside.

Continue reading at DailyCoin.

Mar 25, 2023 10:30

NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap

Over the past week, statistics show non-fungible token (NFT) sales totaled $193.08 million, down 5.44% from the previous week. Ethereum dominated NFT sales with more than $107 million or 55% of all sales, while Solana-centric NFT sales recorded $26.3 million or 13% of sales in the same period. NFT Market Shows Signs of Slowdown With [...]

The post NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap appeared first on Crypto Breaking News.

Mar 22, 2023 02:10

Undeads Announces the Prize Pool of MAYC, BAKC and Otherdeed NFTs for It’s Holders

PRESS RELEASE. Dubai, UNITED ARAB EMIRATES, March. 22nd, 2023, Undeads Metaverse, a highly anticipated AAA Web3 game, is excited to announce a competition for Undeads NFT holders. The competition will be broken down into three prizes. The first prize is the coveted MAYC NFT, while the second prize is the Bored Ape Kennel Club NFT. [...]

The post Undeads Announces the Prize Pool of MAYC, BAKC and Otherdeed NFTs for It’s Holders appeared first on Crypto Breaking News.

Mar 09, 2023 07:50

Yuga Labs to Take Voyagers on a Second Trip to the Otherside

Makers of the Bored Apes want to take their fans for a once-in-a-lifetime trip to the Otherside.

Continue reading at DailyCoin.

Nov 17, 2022 07:10

Otherdeed for Otherside Sees 23% sell-off. Can Orbeon Protocol (ORBN) reignite interest in NFTs?

Recently, stakeholders have been more cautious of projects to invest in as crypto companies and NFT projects continue getting hacked, laying their teams off and pulling the rug from under their investors. The resulting hesitation and uncertainty is causing ripple effects in the crypto and NFT space. As Otherdeed for Otherside witnesses decline, Orbeon Protocol […]

Aug 05, 2022 09:23

We went to the Otherside First Trip, here’s what Voyagers Experienced!

The first trip of the Otherside metaverse was a great success. In this article, we're going to see what happened on the Otherside first trip.

Otherside NFTs fall below mint price while cheaper ETH sees sales volume boost

Author: Cointelegraph By Brian Newar
United States
May 10, 2022 08:30

Otherside NFTs fall below mint price while cheaper ETH sees sales volume boost

Floor prices for some of the most popular NFT collections are slipping to their lowest levels in over a week, including the top-traded Otherdeed for Otherside Metaverse land.

BAYC Creator Yuga Labs Launches “Otherdeed NFTs”

Author: Shiela Bertillo
Philippines
May 06, 2022 11:10

BAYC Creator Yuga Labs Launches “Otherdeed NFTs”

Each NFT was minted at 305 APE each which is around $5,800 per Otherdeed NFT, given that Apecoin’s price during the mint was at $19.

The post BAYC Creator Yuga Labs Launches “Otherdeed NFTs” appeared first on BitPinas.

Yuga Labs Keeps up the Promise: Failed ‘Otherdeed’ Transaction Users Receive Gas Fees

Author: Vignesh Karunanidhi
Estonia
May 06, 2022 02:30

Yuga Labs Keeps up the Promise: Failed ‘Otherdeed’ Transaction Users Receive Gas Fees

Yuga Labs reported in a Wednesday Twitter thread that everyone who failed to mint an “Otherdeed” non-fungible token (NFT) before April 30 had received their gas fees back. Yuga Labs stated in the thread, “We have reimbursed gas prices to everyone who performed a transaction that failed due to network constraints created by the mint.” […]

Otherside virtual land value falls as interest recedes

Author: Oluwapelumi Adejumo
United States
May 05, 2022 05:55

Otherside virtual land value falls as interest recedes

Yuga Labs‘ Otherdeeds NFTs are already selling below the initial purchase price on OpenSea due to waning interest, Bloomberg News reported.

The post Otherside virtual land value falls as interest recedes appeared first on CryptoSlate.

May 04, 2022 07:15

Elon Musk Trolls NFT amidst Otherdeeds’ Buying Frenzy Fizzling Out

Elon Musk appears to take a potshot at NFT by saying “dunno seems kinda fungible,” in a tweet on 4th May. The tech billionaire changed his Twitter profile picture to an image featuring various avatars from the Bored Ape non-fungible token collection, sending the token price of the digital project soaring briefly. ApeCoin, the token launched […]

The Wall Street Journal Is Dead Wrong About The NFT Market’s Supposed Collapse

Author: Eduardo Próspero
United Kingdom
May 04, 2022 04:50

The Wall Street Journal Is Dead Wrong About The NFT Market’s Supposed Collapse

The NFT market is thriving, actually. Once again, the Wall Street Journal makes a fool of itself by tackling subjects beyond the publication’s comprehension. The author declares “the NFT market is collapsing,” citing suspicious numbers and two cases of bad trades as proof. And then, to top it all off poses a terrible theory. The “NFT Sales Are Flatlining” article is embarrassing beyond belief. Disclaimer: The following op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike. Among other things, it proposes the worst definition of NFTs ever written:  “NFTs are bitcoin-like digital tokens that act like a certificate of ownership that live on a blockchain.” No, NFTs are not “bitcoin-like” at all. And the WSJ just forgot about the “non-fungible” aspect of these unique digital assets. And yes, someone bought an NFT of Jack Dorsey’s first tweet for $2.9M, another person bought a Snoop Dogg endorsed one for $32K. Both tried to auction the digital assets and only got embarrassingly low offers. Based on those two cases, the WSJ implies that the whole NFT market is dead on the water. THE DEATH OF NFTs… One buyer purchased a Snoop Dog curated NFT in early April for about $32,000 worth of the cryptocurrency ether. It's now up for auction, with an asking price of $25.5 million. The highest current bid is for 0.0743 ether—about $210.https://t.co/dg54XYijxh — Steven Russolillo (@srussolillo) May 3, 2022 The WSJ bogus numbers about the NFT Market Admittedly, the Wall Street Journal probably has access to a wider array of data than NewsBTC. However, the numbers they use to prove the NFT market is dead are suspicious as hell.  “The sale of nonfungible tokens, or NFTs, fell to a daily average of about 19,000 this week, a 92% decline from a peak of about 225,000 in September, according to the data website NonFungible.   The number of active wallets in the NFT market fell 88% to about 14,000 last week from a high of 119,000 in November.” Notice that they don’t link to NonFungible and provide a few low-resolution graphs that the normal eye can’t audit. However, everyone can go to NonFungible. The number of sales for May 3rd is 104.465 and that represents $206B. Hardly the signs of a dead NFT market. Granted, the number of sales for April 3rd is approximately 14K, but on May 1st the NFT market moved a whooping $778B in 117K sales. That’s not it. The WSJ also presents these stats as if they prove its case: “The imbalance between supply and demand is also hurting the NFT market. There are about five NFTs for every buyer, according to data from analytics firm Chainalysis. As of the end of April, there have been 9.2 million NFTs sold, which were bought by 1.8 million people.” Have they even been to OpenSea? There are hundreds of collections. And NFT aficionados own dozens of pieces. Sometimes, hundreds. Sometimes, thousands. And that’s just one platform that serves one blockchain. Five NFTs for every buyer is nothing. ETH price chart for 05/04/2022 on Coinbase | Source: ETH/USD on TradingView.com The Wall Street Journal’s Off The Mark Theory This might be the most ridiculous part of the article. Let’s let the author bury himself: “There are signs that collectors may also differentiate between NFTs that catalog a vast set of cartoonlike characters—like the CryptoPunks—and tailored, NFT art projects spurred by major artists who already enjoy museum followings.”  And then he talks about Jeff Koons and Chinese artist Cai Guo Qiang, who sold out NFT collections, and director Kevin Smith, who’s planning to. Meanwhile, Moonbirds set the NFT market on fire and the Bored Ape’s Otherside literally broke Ethereum. We’re talking billions of dollars for the “cartoonlike characters” team. Not only that, The Nightly Mint points us towards Nansen’s numbers.  6/ Taking a look at NFT Paradise, volume is robust – the last two weeks are both set to be among the top-10 in history (measured in ETH). Users per Week and Transactions per Week are likewise looking to reverse downtrends that began at the start of the year. pic.twitter.com/edNKzddMQW — Nansen?? (@nansen_ai) May 3, 2022 They clearly show that “the last two weeks are both set to be among the top-10 in history (measured in ETH).” And that “the Blue Chips and Social sectors are on a tear, up 81% and 83% YTD.” So, what game is the Wall Street Journal playing? Is this a case of poor research or evidence of malicious intent? That’s for you to decide, dear reader. Featured Image by Philip Strong on Unsplash | Charts by TradingView

May 04, 2022 07:55

‘Otherdeed’ Becomes Top Trending Collection, but Buyers Are Now Underwater

On Saturday, April 30, Yuga Labs, creator of the insanely popular Bored Apes Yacht Club (BAYC) NFT collection, launched land sales for its metaverse project – the Otherside.

Continue reading ‘Otherdeed’ Becomes Top Trending Collection, but Buyers Are Now Underwater at DailyCoin.com.

ApeCoin integrates with Polygon amid NFT mint backlash and speculation

Author: Cointelegraph By Ezra Reguerra
United States
May 03, 2022 04:40

ApeCoin integrates with Polygon amid NFT mint backlash and speculation

ApeCoin DAO board member Yat Siu said that there is currently "no discussion" regarding an exclusive chain for APE.

May 02, 2022 06:05

Yuga Labs Botches NFT Drop With Bad Code, Blames Ethereum

Bored Ape Yacht Club creator Yuga Labs has faced backlash after its highly-anticipated Otherdeeds drop. Huge demand for the NFTs resulted in exorbitant gas fees leaving many hopeful minters out...

Ethereum burning spikes to new high on Yuga Labs’ NFT hype

Author: Cointelegraph By Brian Quarmby
United States
May 02, 2022 08:25

Ethereum burning spikes to new high on Yuga Labs’ NFT hype

Otherdeed NFTs top the “burn leaderboard” over the past seven days at roughly 55,816 ETH or 56% of all burns during that period.

May 02, 2022 10:40

Yuga Labs' Otherdeeds Sold Out as the Startup Cashes in Over $320M


Yuga Labs, the blockchain startup in charge of the Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) collection and ecosystem has made history yet again with the successful sales of Otherdeeds, the gateway to the Otherside metaverse announced back in March (Read More)

May 02, 2022 02:25

Gas Fee Problem: Chaos over OTHERSIDE Metaverse, What Happened?

When OTHERSIDE launched its new NFT collection, many problems occurred. What happened with OTHERSIDE NFT launch? Here's what to know.

Aug 09, 2023 07:50

ApeCoin Whales Stir the Waters on APE’s Recovery Efforts

ApeDAO to let out more $APE out of the cage - the community is worried it could mark another bottom.

Continue reading at DailyCoin.

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