Yuga Labs Metaverse Land Sale Rakes in $320 Million, Frenzy Unsettles Ethereum

The creators of the BAYC NFT collection, Yuga Labs, revealed the Otherside metaverse digital land sale which turned out to be one of the largest non-fungible token (NFT) mints so far. The Otherside metaverse digital land sale raised near $320 million (roughly Rs. 2,450 crore) by promoting 55,000 parcels of Otherside land.

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