Yuga Labs' Otherside metaverse project will not conduct the Dutch auction for the NFTs.
Yuga Labs’ Otherside metaverse project will not conduct the Dutch auction for the NFTs.
Otherside said, “NFT Dutch auctions are actually bulls**t” and will instead employ a new mechanic wherein the sale price will remain flat for the duration., BAYC creator’s blockchain-based virtual world stated that the NFTs will be sold at a fixed price of 305 ApeCoins . A total of 55,000 Otherdeed NFTs will be available for KYC users to purchase. It has also postponed the actual sale event after heeding the community calls for additional time to set pre-approval for APE.
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