Wednesday , August 17 2022

Acquired for $30k, BAYC Launches Otherside.xyz





Bored Ape Yacht Club launched a new metaverse called Otherside. ApeCoin holders who had their wallets KYC’d were able to begin minting the Otherside virtual land NFTs, called Otherdeed, last night. For this new metaverse, Yuga Labs, parent company of BAYC, is using the Otherside.xyz domain name:

Otherside.xyz was a recent acquisition for the company. In fact, domain investor Swetha Yenugula announced that she sold Otherside.xyz for $29,888 in mid-March. The domain name was sold via Dan.com:

Otherside.xyz is currently registered under Whois privacy at Google’s domain registrar. I presume they bought it using the BIN option rather than by making an offer or leasing the domain name.

I have seen some naysayers comment about how unreal some .xyz sales appear. Here’s another example of a reported sale that turned out to be acquired by a major business.






About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.

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