Jump to content
The World News Media

Yuga Labs Imposes KYC Checks For ‘Otherside’ Metaverse Land Auction


Mic Drop

Recommended Posts

  • Member

According to a Twitter announcement from Otherside, KYC verification is a must for those who wish to bid in the auction of the metaverse’s land NFTs. However, BAYC and MAYC holders can claim land NFTs for a period of 21 days after the auction without KYC verification. The KYC requirements are only for those wishing to mint the Land NFT at the auction.

The auction which is scheduled for 12 pm ET on Saturday will follow the Dutch-style auction format, a bidding war where the asking price starts high and then falls toward a minimum reserve price. Auction participants are required to exclusively bid in APE coins for the auction.

https://www.theblockcrypto.com/linked/143535/yuga-labs-otherside-metaverse-land-auction-imposes-kyc-checks/

Link to comment
Share on other sites


  • Views 214
  • Replies 0
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...




×
×
  • Create New...

Important Information

Terms of Service Confirmation Terms of Use Privacy Policy Guidelines We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.