Technology

High Solana NFT tasks DeGods and y00ts to depart the blockchain and ‘discover new alternatives’ • robotechcompany.com

Two high Solana NFT tasks, DeGods and y00ts, have introduced they’re leaving the blockchain in 2023, which is stirring up conflicting sentiments within the crypto neighborhood.

Over the weekend, DeGods introduced on Twitter that it will likely be migrating to Ethereum, whereas its sister mission y00ts can be transferring to Polygon early subsequent yr, the groups shared. The exodus may also have DeGods’ DUST token — used to commerce and mint NFTs on its ecosystem — switch to the respective blockchains.

The migration introduced conflicting views from neighborhood members and the Solana NFT ecosystem as a complete, as some disapproved of the transfer, whereas others expressed pleasure and one particular person even referred to it as a “degree up.”

“Firstly of the yr, we observed that a lot of the creator financial system’s consideration was targeted on ETH and Solana,” Ryan Wyatt, CEO of Polygon Studios, advised robotechcompany.com. “Due to this fact, we determined to go towards the pattern and concentrate on the untapped potential of web3 by onboarding giant enterprise manufacturers, DeFi platforms and gaming corporations. We did this efficiently via ecosystem fund investments and white-glove partnership assist.”

Polygon has gone full pressure into making its layer-2 blockchain a widely known house for crypto tasks within the area. Earlier this yr, Polygon introduced partnerships with Starbucks and Disney, whereas additionally having main manufacturers like Prada and Adidas launch NFT tasks via its blockchain.

“There’s an argument to be made that [DeGods] has capped out on Solana,” DeGods mission chief and y00ts creator, Rohun Vora, generally known as Frank, mentioned in a Twitter Areas on Monday. “It’s arduous to just accept, however it’s been powerful to develop on the charge we wish to develop. If Ethereum is the place we now have to go to continue to grow, it’s what we now have to do.”

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button