Can you confirm if you're talking about Otherdeed for Otherside (OTHR)? I was sure it is until you said $45K because the highest price I've seen is only around $23K (8 ETH). The floor price has dropped further to $12.8K (4.5 ETH).
Personally, I still do not find any good reason to buy a virtual land at those prices. I think those guys are crazy rich that they can throw money like that just like those who bought the early NFT arts. Maybe they see something that I don't
I hope it would pay off in the end because that would be a good marketing as crypto moves towards Metaverse.
I saw prices much higher than 8ETH just after mint and that doesn't include the gas fees which hit above $12,000 at one point. A lot of people are definitely sitting in the "I got burned" camp today. When there's so much hype surrounding something like this and the "mint" method they choose is insane given the blockchain issues that are known to pop up, you almost have to be certain that people are going to lose a fortune. With the current floor price I'm sure there are people who participated in the mint but are still way upside down on their purchase due to gas fees. I guess I'm glad I didn't get involved with the foolishness, but I'm sure Otherside land has a bright future. The way they're going to use it to funnel assets to their holders through mining resources is a pretty ingenious plan to keep the money flowing. I think yuga labs is going to continue to see insane returns until the day it all comes crashing down.
