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NFT News

DooKey Dash Winner Mongraal declines UPDAO’s $1.1 Million bid

The UPDAO community approved a proposal to bid 690 WETH or $1,1130,000 on the Mongraal's #1 ranked Sewer Pass.

Written By:
Vismaya V

Last updated: December 6, 2024 8:23 PM
Published February 27, 2023 11:55 AM
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Last updated: December 6, 2024 8:23 PM
Published February 27, 2023 11:55 AM
DooKey Dash Winner Mongraal declines UPDAO's $1.1 Million bid

Bored Ape Yacht Club’s (BAYC) gaming experience Dookey Dash’s winner Kyle “Mongraal” Jackson declines a $1.1 million bid made by the United Planetary DAO (UPDAO) on his Golden Key in OpenSea.

BREAKING NEWS: #UPDAO MAKES A 690 ETH BID ON THE GOLDEN KEY!!! 🔑🔑🔑@Mongraal, THE BALL IS IN YOUR COURT.https://t.co/u5lUEbev19@BoredApeYC, LFG!!! #dookeydash https://t.co/QEqNfkKrBF

— UPDAO (@UPDAO_) February 23, 2023

Mongraal was declared the winner of BAYC’s Dookey Dash among 25,000+ players.. He then listed his #1 ranked Sewer Pass Golden Key #21915, in OpenSea for 2,222 ETH, approximately $3.6 million.

UPDAO is the overarching governance entity of the much-anticipated Web3 game Inhabitants Universe by Pixel Vault. The UPDAO community approved a proposal to bid 690 WETH or $1,1130,000 on the #1 ranked Sewer Pass.

The proposal received 15,081 votes in favor of the bid, and 1,709 votes against it. UPDAO was determined to make further determinations through community consultations about how best to leverage the “Golden Key.”

UPDAO tweeted “@Mongraal, THE BALL IS IN YOUR COURT,” to which Fortnite star player Mongraal replied, “Double it and I’ll accept.”

Double it and I’ll accept 🙂 https://t.co/hN2K4FuQe5

— Mongraal (@Mongraal) February 25, 2023

Unfortunately, the bid expired as Mongraal was not interested in UPDAO’s proposal. Now online platform 9GAG has placed a bid of 999 WETH, about $1.6 million on the Golden Key which will expire in seven days, if Mongraal doesnt accept it.

The UPDAO proposal did note that “The Golden Key will then become a community asset as part of the treasury, that can be used for gamification, IP development or participation in other activities at the communities direction.”

PixelVault’s Head of Communications David “economist” Litsky tweeted “The @UPDAO_ offered what it felt was a fair price with regard to 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.”

Also Read: BAYC Unveils DookeyDash ‘Lick The Toad’ Event

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Vismaya V - Content Writer
By Vismaya V
Vismaya is a crypto content writer with over two years of experience in the field. With a passion for writing and research, Vismaya has made a name for herself in the crypto community with her in-depth analysis and clear explanations of complex topics. In addition to her love for writing and crypto, Vismaya is also a big fan of football and anime.

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