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Index entry · Otherside

Otherside Otherdeed prices

The largest land mint ever conducted, and the clearest example of a land market that priced a world before the world existed.

As at 2026-08-28 · Peak 1.98 ETH · Latest 0.28 ETH
The short answer

Otherdeeds have fallen roughly 85% from an average near 1.98 ETH in 2022 to about 0.28 ETH. Unlike Decentraland and The Sandbox, Otherside never reached a sustained population — the land was sold and priced on the promise of a world rather than on the traffic of one.

MeasureValueNote
Peak annual average floor1.98 ETH2022 annual average.
Latest annual average floor0.28 ETH2024 annual average.
Drawdown from peak−85%Shallowest of the three, from the shortest history.
Our positionNoneWe hold no Otherdeeds.

Source: CoinGecko Research.

§ 01

Selling land before the world

Otherside inverted the usual order. Rather than building a world, attracting a population and then selling land into demonstrated demand, it sold the land first — on the strength of an existing collector community — and undertook to build the world afterwards.

That is a legitimate funding strategy and it raised an extraordinary amount. It also means every buyer was underwriting execution risk on a world that did not yet exist, at a price set by scarcity of the mint rather than by scarcity of good locations. Scarcity without footfall is just a smaller number of things nobody wants — which is the same lesson as The Sandbox, arrived at from the opposite direction.

The test this entry exists to support

Before buying land in any world, ask what the parcel would be worth if the platform stopped shipping tomorrow. In an established world with population, the answer is "less, but something". Where land was sold ahead of the world, the answer is usually zero — and that risk is not visible anywhere in the floor price.