Thousands of interactions collapsed the network of ethereum. The reason is due to the sale of land of other sidemetaverse of Bored Ape Yacht Club.
The digital world is taking more and more shape in our daily lives and with the arrival of the metaverses, growth seems to take another step forward. other sideproposed by YugaLabswho created the Bored Ape Yacht Clubthey achieved about $300 million during the weekend.
What is the attraction behind such success? The exclusivity. YugaLabs provides buyers of NFT’s the possibility of being part of the project other sidewhere members will share a space that few can access.
This has been the largest NFT mint in history by several multiples, and yet the gas used during the mint shows that demand far exceeded anyone’s wildest expectations. The scale of this mint was so large that Etherscan crashed.
— Yuga Labs (@yugalabs) May 1, 2022
From YugaLabscommunicated about it due to events caused by users: “This has been the largest minting of NFT’s in history by several multiples, and yet the gas used during mining shows that the demand far exceeds anyone’s wildest expectations.”
For those unsuspecting, at the moment that there is talk of gas reference is made to the intervention generated by ANDthereum to use him as an intermediary, it would be something like “his commission” and, on the other hand, the lie speaks of the “official process” of creating the NFT.
given to gas used for transactions valued at 305 Ape Coinssomething close to $5,500 (more than 600,000 Argentine pesos), the network of ethereum it fell for a while mainly due to a high number of failed purchase attempts and the commissions generated.
The lot brought by YugaLabs it had 55,000 spaces designed for sale. On previous occasions we saw how celebrities or elite athletes joined the “fever of NFTs” caused by Bored Ape; some of them were: Shaquille O’Neal, Neymar Jr., Justin Bieber, Kevin Hartamong other personalities.
As a measure to prevent another collapse, YugaLabs took the initiative to limit the amount of NFT’s of this litter available for purchase at only two per virtual wallet or person. What do you think of the fury of the NFT’s? Do you consider it sustainable in the future or a speculation tool?