Prime Solana NFT tasks DeGods and y00ts to go away the blockchain and ‘discover new alternatives’ • TechCrunch
Two prime 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 announced on Twitter that it will likely be migrating to Ethereum, whereas its sister mission y00ts might be shifting 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 neighborhood 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 start of the 12 months, we observed that a lot of the creator economic system’s consideration was targeted on ETH and Solana,” Ryan Wyatt, CEO of Polygon Studios, advised TechCrunch. “Subsequently, we determined to go in opposition to the pattern and deal with the untapped potential of web3 by onboarding giant enterprise manufacturers, DeFi platforms and gaming firms. We did this efficiently by ecosystem fund investments and white-glove partnership assist.”
Polygon has gone full power into making its layer-2 blockchain a well known dwelling for crypto tasks within the area. Earlier this 12 months, Polygon introduced partnerships with Starbucks and Disney, whereas additionally having main manufacturers like Prada and Adidas launch NFT tasks by its blockchain.
“There’s an argument to be made that [DeGods] has capped out on Solana,” DeGods mission chief and y00ts creator, Rohun Vora, often known as Frank, said in a Twitter Areas on Monday. “It’s arduous to simply accept, nevertheless it’s been powerful to develop on the fee we wish to develop. If Ethereum is the place we’ve got to go to continue to grow, it’s what we’ve got to do.”