Top Solana NFT tasks DeGods and y00ts to depart the blockchain and ‘discover new alternatives’
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 group.
Over the weekend, DeGods announced on Twitter that will probably be migrating to Ethereum, whereas its sister venture y00ts will likely be transferring to Polygon early subsequent 12 months, the groups shared. The exodus can even have DeGods’ DUST token — used to commerce and mint NFTs on its ecosystem — switch to the respective blockchains.
The migration introduced conflicting views from group members and the Solana NFT ecosystem as an entire, as some disapproved of the transfer, whereas others expressed pleasure and one individual even referred to it as a “level up.”
“At the beginning of the year, we noticed that much of the creator economy’s attention was focused on ETH and Solana,” Ryan Wyatt, CEO of Polygon Studios, advised Thealike. “Therefore, we decided to go against the trend and focus on the untapped potential of web3 by onboarding large enterprise brands, DeFi platforms and gaming companies. We did this successfully through ecosystem fund investments and white-glove partnership support.”
Polygon has gone full power into making its layer-2 blockchain a well known dwelling for crypto tasks within the house. Earlier this 12 months, Polygon introduced partnerships with Starbucks and Disney, whereas additionally having main manufacturers like Prada and Adidas launch NFT tasks by way of its blockchain.
“There’s an argument to be made that [DeGods] has capped out on Solana,” DeGods venture chief and y00ts creator, Rohun Vora, often known as Frank, said in a Twitter Spaces on Monday. “It’s hard to accept, but it’s been tough to grow at the rate we want to grow. If Ethereum is where we have to go to keep growing, it’s what we have to do.”
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