How much money was wasted on bored ape's NFT sale?

One cryptocurrency advocate noticed that from just the Bored Ape's NFT sale, approximately $100 million were wasted during the first hour of the "land" sale in gas fees alone. As mentioned earlier, transactions can often fail when the Ethereum network is facing unusually high traffic.

How much did the bored ape Yacht Club charge for Ethereum gas?

Crypto Users Paid Thousands In Ethereum Gas Fees Thanks To The Bored Ape Yacht Club. Here's What Happened. $4,661 in fees for a $5 .eth domain purchase?!

How much does otherdeeds cost in apecoin (ape)?

On Saturday, ApeCoin holders competed to buy so-called "Otherdeeds" -- parcels of land in Bored Ape Yacht Club's metaverse, Otherside. The frenzy pushed Ethereum gas fees to unprecedented levels. According to Bloomberg, each of the 55,000 NFT plots cost around $5,800 in ApeCoin (APE) plus gas fees.

How much does it cost to buy land on Otherside?

Bored Ape Yacht Club's metaverse land sale pushed Ethereum gas fees to 100 or 200 times more than normal. Each piece of land in the Otherside metaverse costs around $5,800 APE, but the gas fees came to around $6,000. Try timing transactions for less-congested periods or using alternative networks to reduce gas costs.