After the Yuga Labs metaverse project Otherside minting activity was completed, Yuga Labs official social media posted that Otherdeed is a high-demand NFT collectible with an unprecedented minting scale, which brings some challenges.
As one of the largest NFT minting events in history, it caused gas fees to rise far beyond people’s expectations and caused Etherscan to crash, sorry for this. It was clear that ApeCoin would need to migrate to its own chain to meet network scalability needs, and Yuga Labs encouraged Ape DAO to start thinking in this direction.
Yuga Labs also said that the demand for minting activity is incredible, but some users’ transactions may have failed due to bottlenecks in the Ethereum network. For those affected, Yuga Labs will first thank you for participating and BUIDL together, and will refund related gas fees later.