Yuga Labs, the startup behind the This comes the day after “Burning” crypto assets refers to the act of sending them to an address where they cannot be reclaimed, effectively destroying them. With a total supply of 30,000 HV-MTL According to Faraway asked us to burn the 4,295 HV-MTL NFTs held by Yuga Labs, ensuring a permanent supply reduction. This is now complete. For more information, check out our blog: https://t.co/oRGO0bI6Py.— Yuga Labs Gaming (@yugalabsgaming) April 17, 2024That’s still a drop in the ocean from the collection’s all-time high price of 2.069 ETH (or $3,470) in March 2023. Even so, at Wednesday’s peak price of about $224 worth of ETH, the burn would’ve been valued at a minimum of $962,000 and potentially higher, since some of the NFTs might have had traits that could see them command higher prices than the floor.HV-MTL ForgeNow in the hands of Faraway, the game is expected to go under some changes. “As we take charge of HV-MTL and Legends of the Mara,” Faraway For HV-MTL, the first step was introducing a Edited by Andrew Hayward
