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Top Solana NFT projects DeGods and y00ts to leave the blockchain and ‘explore new opportunities’ • TechCrunch


Solana NFT’s two flagship projects, DeGods and y00ts, have announced that they will be leaving blockchain in 2023, which is causing mixed views in the crypto community.

Over the weekend, DeGods announced on Twitter that it will migrate to Ethereum, while its sister project y00ts will migrate to Polygon early next year, the teams shared. The exodus will also have DeGods’ DUST token — used to trade and mint NFTs on its ecosystem — move to the respective blockchains.

The move brought mixed views from community members and the Solana NFT ecosystem as a whole, as some disapproved of the move, while others expressed excitement and one even disapproved of the move. even call it “Level up.”

“At the beginning of the year, we noticed that most of the attention of the creative economy was focused on ETH and Solana,” Ryan Wyatt, CEO of Polygon Studios, told TechCrunch. “We therefore decided to go against the trend and focus on the untapped potential of web3 by introducing big enterprise brands, DeFi platforms and gaming companies. We have done this successfully through ecosystem fund investments and white-glove partnership support.”

Polygon has gone all out to make its layer 2 blockchain the popular home for crypto projects in the space. Earlier this year, Polygon announced partnership with Starbucks and DisneyAt the same time, there are also big brands like Prada and Adidas launch NFT projects through its blockchain.

“There is an argument made that [DeGods] expired on Solana,” said DeGods project lead and y00ts creator Rohun Vora, known as Frank, speak in Twitter Spaces on Monday. “It is difficult to accept, but it is difficult to develop at the rate we want. If Ethereum is where we have to go to keep growing, that’s what we have to do.”

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