The year 2023 ends this week, and the final list shows how strong Yuga Labs was with its projects regarding digital land NFT sales. Reports say that nearly 70-80% of the projects on the list belong to Yuga Labs. Projects in talks are Otherdeed for Otherside, and Otherdeed increased considerably.
Otherdeed #67782 was sold for 182.5 ETF. This almost translates to $276,500. While it appears on top of the piece, the volume for the digital land NFT is just the least, with the best yet to come. Its original purchase was $1,515 for each Ether. Otherdeed #67782 consists of two distinct traits: Mallowrium and Molten Melt.
Otherdeed #89263’s value is set at 186.9 ETH, which translates to $289,600. The initial acquisition was for $1,551 for each Ether. Otherdeed #89263 was later sold on January 14, 2023, consisting of 1/1 enshrined Koda core and 1/1 shrine seer Koda head.
Interestingly, a particular NFT, identified as Otherdeed #2118, has been successfully sold on two separate occasions. The first sale was transacted for 208 ETH, occurring within a brief 7-hour timeframe. Although the details surrounding the dual transactions are unclear, it’s noteworthy that, at that specific moment, the value of ETH was $1,737. This makes Otherdeed #2118 stand out as one of the most expensive acquisitions in the NFT space.
The most expensive sale is already credited to Otherdeed Expanded #5227 for 270 ETH. This valuation is nearly $514,350. What makes it the most expensive sale is the famous set of Pandora’s Box artifacts, lumileaf eastern resources, and sulfuric environment. The price for each Ether as of May 3, 2023, was around $1,905.
After saying that, anybody who wishes to shed some ETH in the current times has to be ready to incur bigger expenses. One ETH token was trading at $2,260 at the time of writing, an 84.99% increase in the past year.
Prices of Ether could seem stagnant when reviewing them on a platform. That amount is not the same expenditure that was mate at the time of the initial purchase. Notably, a higher ETH value means a higher amount of dollars has to be spent now.
Introduced on May 1, 2022, Otherdeed is a project that saw one of the fastest sales in the sector. Reportedly, the whole collection, or the project, was sold in only 7 hours, fetching almost $317 million to Yuga Labs. The success of the project pushed Yuga Labs to take another step in the same direction. Thus, the team launched Otherside Expanded.
Otherside Expanded, dated April 3, 2023, has been defined as a companion for Otherside: Legends of The Mara, its 2D strategy game. The owner of the majority of the projects on the top 10 list is n0b0dy.eth, an avid NFT collector.
