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Blockchain technology is about to transform every trust-based interaction of our lives, from financial services to identity, from health care to our Internet of Things devices. In this podcast, host Laura Shin talks with industry pioneers across tech, financial services, health care, government and other sectors about how the blockchain and cryptocurrency will open up new opportunities for incumbents, startups and everyday people to interact more efficiently, directly and globally.

May 6, 2022

Eric Golden, the owner of BAYC #7560 and host of Web3 Breakdowns, discusses the Otherdeed NFT drop that stalled Ethereum and burned over $150 million worth of ether. Show topics:

  • what the Otherdeed mint is 
  • Why Yuga Labs had buyers undergo a know-your-customer process in order to mint the NFTs
  • why Eric was pretty certain a gas war was imminent in the hours leading up to the mint
  • how KYC’d addresses played into the Otherdeed mint
  • what Eric thought about Yuga Labs’s decision to scrap a Dutch auction in favor of a flat minting price
  • why Eric does not believe Yuga Labs purposefully botched their smart contract, as many in the Ethereum community alleged
  • why Eric was frustrated with Yuga Labs’s response on Twitter to the mint 
  • why Eric does not think Otherside needs its own chain
  • what effect the Otherdeed mint is having on other Yuga Labs-adjacent assets like ApeCoin and Bored Ape Yacht Club
  • what Kodas are and why they are trading for tens of thousands of dollars
  • why Eric is confident that Yuga Labs is well-positioned to follow through on their promises to build out a metaverse game

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Episode Links


Eric Golden




Otherdeed License




Smart Contract Conversation