The world leading NFT brand Bored Apes Yacht Club [BAYC], has announced the return of Voyager second trip on the OthersideMeta starting from 25th of March, 2023. The second trip will bring Voyagers into Otherside for an interactive gaming experience led by Yugalabs first ever Otherside Team Captains.
Details on Team Captains will be shared at a later date. Otherdeed holders will also have the opportunity to invite a guest into the 2nd Trip. Otherdeed holders will have priority access. Guest passes are not guaranteed entry.
Voyager’s second trip will expand the playable region list from First Trip, allowing more Voyagers from around the globe to participate in the event. Everybody is invited to watch along on Yugalabs official livestream.
Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025) opens registrations; register today for early bird discounts.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.
Interestingly Yugalabs made a whooping sum of 735 BTC ($16.5M) off their Ordinals collection— TwelveFold. However, the Ordinals team criticized Yuga Labs for setting a bad precedent for Bitcoin NFT auctions, because all bidding funds were required to be transferred to the Yuga address, which violated the principle of self-custody. Earlier Vitalik Buterin also issued criticism of Yuga Labs.
Ordinally wrote; Trustless offers based on PSBT work like a charm. No escrow needed. Has been used successfully for the Dutch auction model. Have not thought it through, but it should be possible to build a similar auction model to what Yuga is doing here; needs work for sure.
However, Openordex.org offers trustless implementation, apparently this needs a little bit more work to be usable by normies. People have No idea What a PSBT is and How to sign it.
The Yugalabs TwelveFold auction was wild. The low bid was just over $50K, which feels about right. The max bid was wacky; roughly $160K. As I understand it, the bids are final (they don’t return the difference), meaning the top bidder is paying $100,000 more for their Ordinal, Steve NFTBark noted.
Consequently, those who bid in the auction but did not win a place in the top 288 will see their Bitcoin returned to their receiving wallet address. Crucially, however, any bids made with a custodial wallet that’s owned by a third party, like those from exchanges popular Coinbase, Binance, and others, won’t be able to receive refunds. Yuga also recommends that bidders don’t hold any other Bitcoin in their receiving address to avoid mixing up their inscribed satoshi with others and accidentally sending it out of their wallets.