Winning key on Yuga Labs Dookey Dash receives $1.1M bid on OpenSea

A group of NFT fans has put a whopping $1.1 million bid on the winning key from the endless runner game Dookey Dash by Yuga Labs. They want to get their hands on the key so they can win the game.

The current owner of the key, 18-year-old Fortnite streamer Kyle “Mongraal” Jackson, has not yet accepted the winning bid from the group UpDAO.

Mongraal put his most valuable NFT on the market for 2,222 ETH, which is about $3.5 million. UpDAO is linked to Pixel Vault’s upcoming Web3 game, Inhabitants Universe, which will use NFT characters. It has put in a bid of 690 WETH, which stands for “wrapped ether” (which can then be converted to ETH or another equivalent asset).

A DAO is a group of people who get together online, put money in a shared wallet, and vote on how to spend that money. UpDAO has a community fund with about $24.4 million in it, so this bid is about 5% of its total assets.

Mongraal has about 48 hours to decide whether to take the deal or not.

The head of communications at PixelVault, David “Economist” Litsky, said that the community does have plans for the Dookey Dash key if UpDAO is able to get it.

“PV is building a decentralized, open-source gaming protocol.”

“Community rumors say that they might vote to give this 1/1 asset as a prize for games based on the protocol, which would help spread knowledge,” Litsky said.

Yuga Laboratories hasn’t said what the Sewer Pass rewards are yet, but some community members think that each key will unlock a mech or wearable robot suit in Yuga’s future Otherside metaverse game.

Dookey Dash can’t be played the way it used to be. During the life of the game, some Sewer Pass NFT holders paid thousands of dollars to have “boosters” play on their accounts to try to get a high score. Yuga spoke out against cheating in the game in a number of tweets and public statements.

Yuga fans are currently playing the “Toad” game mode, and the popularity doesn’t seem to be slowing down any time soon. Mongraal has even told the public that he will play on other people’s accounts in the new game to help them get higher scores if they pay him. Recent changes to Mongraal’s wallet show that he may charge 2.6 ETH ($4,150) for boosts.

Two days ago, UPDAO made an offer of 690 ETH for the Golden Key, the game’s main prize. Mongraal, the lucky holder, said no and asked for at least twice as much, or almost $2.2 million. Now, people are wondering if the Golden Key is really worth that much.

Now the person who owned the Golden Key to Dookey Dash wanted $2.2 million to sell it to UPDAO. The team turned down the offer right away, and the Director of Communications at Pixel Vault explained why:

“The @UPDAO_ offered what it felt was a fair price about a 1/1 mystery box tied to a vibrant ecosystem. Doubling an offer just to “win” makes zero sense when no new info was presented. Wishing @Mongraal the best in his journey to sell this NFT,” he stated.

Why Is The Golden Key very Important?

In the Dookey Dash game, the Golden Key was kind of like the big prize. Given that it is a 1:1 digital object and that players have to spend so much time and money to get it, this key probably gives its owner access to something fun.

Dookey Dash was popular even when BAYC holders didn’t know what the prize would be. At the moment, everyone’s attention is on the prize, which is now up for grabs on OpenSea.

Content Source: decrypt.co

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