Yuga Labs’ Otherdeeds NFT mint triggers backlash from community

cointelegraph.com:

The aftermath of the Otherdeeds nonfungible token (NFT) mint is filled with disgruntled community members voicing their complaints on Twitter over Yuga Labs' handling of the event. 

The launch of Otherdeeds NFTs gained massive support from the community, selling out almost instantly after it dropped. Because of the high demand, the launch drove Ethereum gas fees sharply higher, leading users to pay from 2.6 Ether (ETH) up to 5 ETH to complete their transactions.

However, many community members were unhappy with the event. According to Twitter user RandomGuyonct, several users have speculated that the mint was “planned to fail” so that the group can advertise launching its own blockchain as the team mentioned a chain migration in one tweet because of the event.

We're sorry for turning off the lights on Ethereum for a while. It seems abundantly clear that ApeCoin will need to migrate to its own chain in order to properly scale. We'd like to encourage the DAO to start thinking in this direction.

Apart from these, Twitter user Mark Beylin accused Yuga Labs of "revealing their true colors" and stated that he had exited all Ape-related NFT investments. Beylin also warned others to assume that the people behind Yuga Labs are “bad actors.”

Just finished exiting all of my Ape related NFTsnow that Yuga has revealed their true colors, I can't unsee itcon artists of the highest order

Some users who failed to complete their transactions claim to have lost their ETH in the process. However, Yuga Labs promised to refund lost gas fees from the failed transactions. 

Twitter user CryptoFinally also claimed that Yuga Labs gave Bored Ape Yacht Club (BAYC) members better land than those who were not members of the group. “Non-BAYCs who want to