It also broke Ethereum for three hours.
Otherside is Yuga Labs' take on the metaverse, a large virtual word inhabited by thousands of people.
Lost $1600 in gas fees and didn’t successfully mint a Otherside plot.
We are aware that some users had failed transactions due to the incredible demand being forced through Ethereums bottleneck.
Otherside land deeds sold out immediately, netting Yuga about $320 million.
The NFT launch was riddled with issues that highlight all the inefficiencies entailed by cryptocurrency trading.
The big one is gas fees.
Gas fees between $10 and $100 are typical.
Yet, it points to how inaccessible crypto and NFT trading can be for newcomers.
This is deflection, not responsibility.
There were a dozen ways you could have mitigated this irresponsible waste.
What you should have tweeted was We fd up.
Still love BAYC but this was not a good day for our space.
I assume I am an average user.
It could have (quite easily) been handled better.
Gas fees right now#NFT#BAYCpic.twitter.com/6C2u5aL4pl
Worse are those whose Otherside transactions failed.
Typically, failed transactions cost around $30, painful enough.
Over$175 million was spent on gas alone.
Despite the painful launch, and many angry tweeters, don’t expect Otherside to fail.