Bored Ape Yacht Club Metaverse the ‘Otherside’ is live and investors are going ‘Apes’ over it. Thousands of likely buyers who completed their KYC forms have started minting plots for ‘Otherdeeds’. BAYC Metaverse ‘Otherside’ was launched today at 9:00 PM ET and is the most-talked about event in the NFT-sphere. Investors consider BAYC’s plots to be a prime investment as the saying goes, ‘the grass is always greener on the Otherside’.
The BAYC Metaverse Otherside is considered to be the most prolific NFT ever and the mints are flying off the shelves. You can start minting plots of Otherdeeds here.
Moreover, within 45 minutes post launch, around $100 million worth of plots on the Otherside Metaverse is sold. It is estimated that more than $300 million worth of plots could be minted on the Otherside Metaverse today.
“Your key to the Otherside awaits. Mint is live: https://otherside.xyz,” tweeted the official handle of Bored Ape Yacht Club.
However, only pre-approved users (KYC completed) are allowed to mint lands on the Otherside with a cap of 1500 ApeCoins. The price of its governance token ApeCoin skyrocketed before the launch and shot up +150% in 30-trading days.
What is BAYC ‘Otherside’ Metaverse?
Bored Ape Yatch Club Metaverse ‘Otherside’ is a “strange new world” which is everything expect boring. The ‘Otherside’ Metaverse is dynamic with a deep narrative and storyline seeped into every piece of plot. Every detail on the Otherside tells a tale of its own and takes you on a journey of untold stories. Otherside is fascinating with various yet unending places to explore that seems infinite.
The Otherside also boasts of “visitors from afar” known as Kodas, the primal beings. However, only a few lucky ones get to meet them. If you consider to spend long hours on the Otherside, there’s high chances you could meet them.
“Meet the Kodas, the primal beings that have ushered us into the Otherside. We don’t know why they’ve brought us here, or what their affinity to this land is. If you are lucky enough to meet a Koda, tread cautiously,” their website read.
What is the ‘Otherside’ Made up of?
The Otherside has lots of natural materials that nurtures the lands for better harvesting among others. They are filled with four replenishing resources such as Anima, Ore, Shard, and Root. Also, two among these natural resources are rare and less found on the Otherside. It is up to you to find out which one is widely available and which ones are not.
In addition, these ra materials are vital to the growth of the Otherside. They can be utilized for harvesting and farming to make the Otherside a better place to be in.
What Are The Rare Objects Found on BAYC Otherside?
The Otherside is an unusual land that’s full of secrets and surprises. Hundreds of rare objects are scattered throughout the lands which are considered natural and not handcrafted. However, the more time you spend on the Otherside, the more are the chances to come across the rare objects.
However, note that the rare objects hold the secrets of the Otherside as its world expands.
BAYC Otherside Metaverse: Need To Spend More For Minting?
While the cap placed for minting is 1500 ApeCoins, BAYC has made it possible for users who want to spend more during minting. To breakthrough the cap, users can go back to the official website and run through the pre-approval process again. Only after the approval from the team, users can extend their cap and mint more plots by buying more tha 1500 ApeCoins.
“If you pre-approved between 9am and 9:15am this morning, you’re only approved for 1500 ApeCoin. If you want to spend more during the mint tonight, please go back to http://otherside.xyz and run through the pre-approval process again.” tweeted OthersideMeta.
Otherside Floor Price For Minting
It is reported that the floor price for Otherdeeds plots are starting anywhere between 6.5 ETH to 9.7 ETH (base). Users are sharing screenshots of the price and payments highlighting the huge demand for the BAYC Otherside Metaverse. However, early investors are confident that the prices will blow up and any resale can get them profits tenfold.
The demand for Otherdeeds plots will remain constant (similar to Ape NFTs) and is always considered the best investment. Also, it is reported that three investors already sold their Otherdeeds plots for a +500% profit in the open market. “BREAKING: First 3 Otherdeeds sold for 500%+ profit,” tweeted NFT enthusiast Leonidas.eth to his 40,000 followers.
Total Statistics For Otherdeeds Minting During Launch
The BAYC Metaverse Otherdeeds have approved around 35,676 KYC users 1 hour prior to the launch. A total of 65,612 plots can be minted by these approved users at the very moment. Also, the number of approved KYC users is going to rise over the hours opening the floodgates to newer users during the day.
The batch-by-batch release is done to avoid high Ethereum gas fees and make it easier through the congested network.
High Gas Fees During Minting
Despite having a batch-by-batch release for minting, users are complaining on Twitter that the gas fees has hit the roof. Nonetheless, the usual suggestion is to wait for the gas fees to reduce if the minting becomes unaffordable. The network becomes congested quickly making the gas fees to skyrocket.
Nonetheless, a user highlighted several ways on how to bypass the high gas fees. Moreover, you can go through the methods below and try it. “If you can’t afford high gas then don’t lose hope. 10.6k overflow in demand, so you only need 5.3k people to be slower than you.” Check out the below tweet thread for more information on how to surpass high gas fees.