As the overall NFT market and broader global economy continue to sell off, this Bored Ape Yacht Club member bought the dip and purchasing eight more Otherdeeds.
BAYC member Longling has purchased eight more Otherdeeds today and now owns a total of 105 Otherdeeds, according to Opensea data.
Check out the lands that Longling purchased today:
While the price of Otherdeeds have been falling in price, the amount of unique wallets holding one of the NFTs continues to rise.
At the time of this articles publication, 34,081 unique wallets own an Otherdeed, according to Etherscan.
These Otherdeeds represent land ownership in Yuga Labs upcoming metaverse, The Otherside.
“Otherside is a gamified, interoperable metaverse currently under development, according to the Metaverse’s website. “The game blends mechanics from massively multiplayer online role playing games (MMORPGs) and web3-enabled virtual worlds. Think of it as a metaRPG where the players own the world, your NFTs can become playable characters, and thousands can play together in real time.”
The Bored Ape Yacht Club and Yuga Labs has not released much information about the Otherdeeds since Saturday’s drop, but they have given users a guide to what makes an Otherdeed valuable or rare.
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