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Making sense of Yuga Lab’s ‘virtual’ land bonanza -Breaking

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Largest NFT mint ever: Making sense of Yuga Lab’s ‘virtual’ land bonanza

Last week, 55,000 parcels of “virtual land” were The blockchain allows for transactionsFor more than 300 million dollars, it was the biggest nonfungible token (NFT), mint in history. It wasn’t without controversy.

In return for shelling out close to $6,000, a purchaser received an Otherdeed NFT, which authenticates that buyer’s ownership of a patch of digital real estate in developer Yuga Labs’ new Otherside game environment.