NFT News- DeGods was identified as one of Solana NFT’s key collections.
- DeGods and y00ts will move to new chains in 2023.
The top Solana NFT collection DeGods and y00ts announced their departure from Solana earlier today on Twitter. DeGods will switch to the more well-known Ethereum, while y00ts will be moved to Polygon, an Ethereum sidechain.
The Migrations to New Chains in 2023
The utility token $DUST, which runs y00ts and DeGods, will also be moved from Solana to Ethereum and Polygon. DeGods and y00ts are anticipated to move to new chains in the first quarter of 2023. Frank III, the creator of DeGods, has also confirmed this information with a more thorough explanation.
Additionally, Frank III assured the DeGods community that the project’s decision to migrate does not reflect badly on the Solana ecosystem, despite what is being said on social media. Following the fall of FTX, Solana is facing a grave crisis. There have also been speculations that the world’s most “powerful” NFT project has emerged.
poligon has recently been at the vanguard of NFTs, capturing the attention of web2 businesses as the go-to choice for NFTs. Polygon will be approaching y00ts, adding the community-first NFT collection to an ever-expanding list of ‘corporate’ partners and hosts. Nike, Adidas, Disney, and Starbucks are among the brands involved in the collaborations.
As per reports, the rise of collectible avatars on Reddit has resulted in a surge of users to the side-chain, with over 5 million unique holders. Following a string of institutional wins, Polygon now has a more community-focused Nft collection win.
Source: https://thenewscrypto.com/degods-and-y00ts-announce-bridge-to-ethereum-and-polygon/