News Report
April 29, 2022

Otherside Metaverse Lands Minting Starts Tomorrow

Otherside Metaverse Lands Minting Starts Tomorrow

Otherside is an NFT Metaverse project created by Yuga Labs, founders of Bored Ape Yacht Club.

On April 26th, the mechanics of the minting was shared on the official Twitter page of the project. The minting was supposed to be held exclusively in ApeCoin, so the price of it pumped up to $27 USD. The users would still need some ETH for gas fees. Importantly, the minting requires the individuals to have done KYC, – only those approved would be able to mint during the auction. One unique wallet was supposed to be able to mint a maximum of 45 pieces of land, of which 20 could make part of the same transaction. 

On April 29th, a day before the minting is supposed to start, the news page of Otherside has shared a post which states the actual rules of the minting. The new mechanics is going to be the following: one wallet will have a possibility to purchase a maximum of 2 lands in the first wave of minting. A land is going to cost a fix of 305 $APE.

After the news, ApeCoin holders have dropped a decent amount of it, making the price go down to $21 USD. 

More than that, some of the users have noticed that the service criteria during the KYC do not really respect the ‘decentralization politics’. For instance, the individuals willing to participate in the mint must not reside in more than 20 countries, including Russia, Serbia, Albania, Korea, and others. 

The ‘adventure’ will begin on April 30th at 12 ET, on the official website of Otherside. 

Read related posts:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

More articles
Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

Hot Stories

How GAMEE Is Making Web3 Irresistibly Fun

by Victoria d'Este
May 09, 2025
Join Our Newsletter.
Latest News

The Calm Before The Solana Storm: What Charts, Whales, And On-Chain Signals Are Saying Now

Solana has demonstrated strong performance, driven by increasing adoption, institutional interest, and key partnerships, while facing potential ...

Know More

Crypto In April 2025: Key Trends, Shifts, And What Comes Next

In April 2025, the crypto space focused on strengthening core infrastructure, with Ethereum preparing for the Pectra ...

Know More
Read More
Read more
Bitget Announces Strategic Partnership With SWEAT To Boost Movement Economy In Web3
News Report Technology
Bitget Announces Strategic Partnership With SWEAT To Boost Movement Economy In Web3
May 9, 2025
Lorenzo Protocol Evolves Into Institutional-Grade On-Chain Asset Management Platform With New Upgrade
News Report Technology
Lorenzo Protocol Evolves Into Institutional-Grade On-Chain Asset Management Platform With New Upgrade
May 9, 2025
Vana Introduces Vana Academy To Support Data Capital Business And Advance AI Data Economy
News Report Technology
Vana Introduces Vana Academy To Support Data Capital Business And Advance AI Data Economy
May 9, 2025
Monad Launches Validator-Focused Testnet-2, Unveils Requirements And Selection Criteria
News Report Technology
Monad Launches Validator-Focused Testnet-2, Unveils Requirements And Selection Criteria
May 9, 2025