Otherdeed for Otherside NFT Collection
Otherdeed for Otherside is a collection of land plot NFTs for the Yuga Labs metaverse on the Ethereum blockchain. In this article, we will explain what is Otherdeed for Otherside.
What is Otherdeed for Otherside NFT Project?
Founded by Yuga Labs, the company behind the Bored Ape Yacht Club NFT Collection, the Otherdeed for Otherside project was first announced in March 2022. On its website, the project says it aspires to “build something that expands BAYC’s universe but also invites the larger NFT community (and those priced out of BAYC membership) to participate.”
Some of Yuga Labs’ founders initially rejected the deck’s content. Co-founder Greg posted it on Discord, claiming the deck was “an old, outdated field deck and a funny version that neither Gordon nor I had ever seen.” But it turns out that is exactly what the company hopes to do with this project. After a change in their message, the Otherside website stated that the project aims to literally build a new universe. Specifically, in the metaverse.
Otherdeed for Otherside: What is the Purpose of the Project?
The main purpose of the NFT project is; each Otherdeed NFT gives its owners the ability to claim Otherside land after Otherside is fully launched. Each Other represents different environments and deposits on the other side. These other transactions will use Yuga Labs’ Apecoin. It contains different resources and artifacts that can be traded on the Other Side.
Holders of both Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs were able to claim one Otherdeed NFT for each BAYC and MAYC held. BAYC NFT holders request Other Transactions in the Biogenic Swamp in the center of the Other Party map.
MAYC holders request Other Treatments on Chemical Adhesive Substance on the outskirts of the swamp. 15,000 Otherdeed distributed to Yuga and project developers. The remaining 55,000 Otherdeeds are now available for purchase by those who successfully complete the Know Your Customer (KYC) submission.
Otherdeed for Otherside: What is the Price of NFT?
The project’s collection is currently available for processing on OpenSea. According to OpenSea data, Otherdeed for Otherside is currently trading at a base price of 2.7 ETH. While the total trade volume of the project stands out with 323.7 ETH, the number of people who own the collection is 35200.
How to Buy Otherdeed for Otherside?
Investors wishing to purchase the collections must first open an account with OpenSea. They should have a digital cryptocurrency wallet such as Metamask that they will use in Opensea.
Afterward, they should buy some Ether to use in the payment process. They should then transfer this Ether (ETH) to the digital cryptocurrency wallet. In the last step, the user has to connect his digital wallet to OpenSea. After the connection is established, the user can easily make the purchase by selecting the desired NFT.
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