Did Yuga labs clog the Ethereum mainnet?

Source: Yuga Labs. Yuga Labs, the startup behind the Bored Ape Yacht Club (BAYC) that's valued at $4 billion, had its highly anticipated Otherside metaverse mint on Saturday night, clogging the Ethereum mainnet and sending gas prices to shocking heights.

What is Yuga labs' Otherside?

In March, Yuga Labs raised $450 million in funding to build the Otherside, a decentralized metaverse with elements of gamification. While it’s supposed to encompass Yuga Lab’s NFT brands, such as the newly-acquired CryptoPunks and Meebits, the company has goals to extend support to NFTs from other entities.

Is Otherside a Metaverse?

Now, it’s branching out into the virtual world, with the launch of Otherside, a metaverse platform from BAYC developers Yuga Labs. What is Bored Ape Yacht Club? Bored Ape Yacht Club (BAYC) is a collection of 10,000 ape-themed NFTs with unique traits and characteristics.

Did Yuga labs airdrop 'winged helmets' in Otherside second trip?

Screenshot from Otherside Second Trip. (Cam Thompson/CoinDesk) The winners of the game received “winged helmets” that Yuga Labs said would be airdropped to their wallets.