Who’s profiting from the Bored Ape digital land sale?
https://techcrunch.com/2022/05/03/whos-profiting-from-the-bored-ape-digital-land-sale/
The Yuga Labs digital land sale this weekend, a mass-mint of new NFTs that temporarily clogged the Ethereum blockchain, is not just making money for the company behind the new set of images that may figure in a future digital service. Other parties are also doing rather well from the effort.
News coverage from the “Otherdeeds” mint points to massive volumes. Decrypt wrote that “OpenSea set a new one-day record for Ethereum NFT trading on Sunday with $476 million,” with the publication adding that “much” of the sum came from Otherdeed activity.