The community witnessed the first non-fungible token mint (NFT), but gas prices rose at an unprecedented rate, and there were also failed transactions caused by blockchain bottlenecks.

Yuga Labs founder of Bored Ape Yacht Club launched a sale for Otherdeed nonfungible tokens. They represent digital land Deeds in their venture, The Otherside Metaverse. Every piece of land is sold with an Otherdeed nonfungible token. SellYuga Labs was able to make $319 million, or $5,800, at 305 ApeCoins, (APE) after 55,000 NFTs were sold almost instantly.