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Beau Jones
May 3

How to avoid high gas fees

Over the weekend, Yuga Labs released virtual plots of land in their highly anticipated metaverse, Otherside, heavily disrupting the Ethereum blockchain. A total of 55,000 “Otherdeeds” sold at a price of 305 ApeCoin, or around $5,800 at the time of purchase; making Otherside the largest NFT mint in history. But, because Otherdeeds were minted on the Ethereum blockchain, the sudden increase in demand caused a “gas war” (i.e. skyrocketing transaction fees). (NOTE: Gas is the amount of crypto tha...
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Beau Jones

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Beau Jones
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