Yuga Lab’s Dookey Dash winning key bids $1.1 million at OpenSea

A group of NFT enthusiasts are trying to buy winning key from Yuga Labs’ endless runner game Dookey Dash and has made an eye-watering bid of $1.1 million for the asset.

Yuga Labs is 4 billion dollar company behind Bored Ape Yacht Club and also owns the Crypto Punks NFT collection. UpDAO is the collective behind the winning key bid, which has yet to be accepted by its current owner, 18-year-old Fortnite streamer Kyle”Mongraal“Jackson.

Mongraal has listed his key NFT for 2222 ETH, which is approximately $3.5 million. UpDAO is connected to Pixel Vault’s Inhabitants Universe, an upcoming Web3 play with NFT characters. It has placed a bid for Jackson’s key at 690 WETH, or Wrapped Ethereum (which can then be converted into ETH or another equivalent asset).

ONE DAO is a decentralized online community that typically pools funds into a shared wallet and votes on where the money should be allocated. UpDAO currently has around $24.4 million in the community the treasurywhich means this bid represents about 5% of assets.

There are only about 48 hours left for Mongraal to accept or ignore the bid. Mongraal has not yet responded Decrypthis request for comment on whether he is indeed considering accepting UpDAO’s bid.

However, UpDAO’s bid has attracted some criticism, with one Twitter user claiming the bid is a waste of funds.

“If this is what DAOs choose to do with $1M, then I think the future of DAOs is very suspect, but that’s just me,” Web3 designer “Punter” wrote.

PixelVault’s communications manager David “economist” Litsky responded that the community has plans for the Dookey Dash key should UpDAO acquire it.

“PV is incubating a decentralized game protocol that anyone can build on. Word from the community is that they will potentially vote to put this 1/1 asset up as a tournament prize for games built on the protocol, helping to spread more awareness,” Litsky so.

Yuga Labs has yet to announce what the Sewer Pass rewards will bring to holders, but some community members are speculating that each key unlocks one mech in the game or wearable robot suit in Yuga’s upcoming The other side metaverse games.

Dookey Dash in its original form is no longer playable. During the run, some Sewer Pass NFT holders hired paid “boosters” for thousands of dollars to play on their accounts in hopes of getting a high score. So did the game lush cheatingwhich Yuga condemned in a series with tweets and public statements.

Now Yuga fans play”Toad” game mode – and the boosting shows no signs of slowing down. Even Mongraal himself has publicly announced that he takes money to play on other users’ accounts in the new game to give them higher scores. Recent transfers to Mongraal’s wallet suggest he may claim 2.6 ETH ($4,150) for boosts.

A member of the Yuga Labs community shared Decrypt that other boosters currently charge 0.5 ETH to 2 ETH (roughly $800 to $3200) for a boost in the latest game mode.

Yuga has been tight-lipped about what rewards the Sewer Pass NFTs will unlock – with a reveal planned during a “Summoning” event scheduled for March 8.