Billionaire Adam Weitsman Acquires Over 5,000 Yuga Labs NFTs

According to Jinse Finance, scrap metal processing entrepreneur and billionaire Adam Weitsman has announced the purchase of over 5,000 NFTs from Yuga Labs, including Otherdeeds, Mega Kodas, and Weapon Kodas, to support the development of its metaverse project, Otherside. He stated, "I am making a long-term investment in Otherside and will continue to make a series of acquisitions on the open market this year." Despite the overall downturn in the NFT market, Yuga Labs has recently been forced to sell core brands, including Moonbirds and CryptoPunks. Weitsman said, "I see Yuga refocusing and prioritizing the development of Otherside. This project is crucial to the entire industry, and I will do everything I can to help it succeed."