The Ultimate Guide to Koda Decoupling and Vessel Claim: Event Highlights & Impacts
The Decoupling Event
Held at lotm.otherside.xyz/expanded, the Koda Decoupling and Vessel Claim commenced yesterday and will remain open indefinitely. Participants, or Voyagers, were allowed to select up to 99 Otherdeeds at a time for the Decoupling and Vessel Claim.
Only Otherdeeds with a Koda were eligible for Decoupling, while all Otherdeeds could claim a Vessel. To decouple, users had to burn their Otherdeed, which in turn yielded a Koda NFT and an Otherdeed Expanded NFT without the Koda. Both of these now exist in separate collections.
A similar process applied to Otherdeed holders who claimed a vessel. After claiming, users received a new Vessel NFT and an Otherdeed Expanded NFT. Participants also obtained a Koda Origins Obelisk piece, added to the metadata of their newly minted Otherdeed Expanded NFT.
Both the Otherdeed Expanded and Otherside Vessel NFTs’ token IDs matched their burned Otherdeed for Otherside token ID, and the Otherside Koda NFT token IDs matched the Koda metadata on their current Otherdeed. The claim process was optimized for desktop browsers.
Significance of the Event
The Koda Decoupling and Vessel Claim event served as a gateway for users to unlock future gameplay experiences and activations, including Otherside: Legends of the Mara. Additionally, the Koda decoupling aimed to create a more efficient market for trading the coveted Yuga assets, further enhancing the overall user experience.
Market Impact: Otherdeeds and Koda Values Shift
Since the Koda Decoupling and Vessel Claim event began, the value of Otherdeeds has experienced a decline of around 20%. In just 12 hours, a remarkable number of Kodas have already been claimed, with approximately 2,500 (or a quarter) of the total Kodas secured by participants. Currently, the floor price for Kodas sits between kennel dogs and mayc, ranging from 10 to 11 $34,213.11. This rapid market response showcases the dynamic nature of the NFT landscape, as well as the significant impact that events like these can have on the value of digital assets.
