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NFTs News

DeGods & y00ts Two Leading Solana NFT Projects Are Moving To Ethereum And Polygon

December 26, 2022 - Around 2 mins mins to read

Key Points:

  • Two top non-fungible token collections on Solana, DeGods, and y00ts, have revealed plans to connect to Ethereum and Polygon in the first few months of 2019.
  • To compete with NFT blue chips like Bored Ape Yacht Club, CryptoPunks, and others, The DeGods collection will move to Ethereum. Its floor price of 460.00 SOL ($5,221) is the highest on Solana’s NFT market.
  • The team hasn’t yet disclosed the technical information regarding the migration and the operation of the fictitious bridge, nevertheless.
Two top non-fungible token collections on Solana, DeGods, and y00ts, have revealed plans to connect to Ethereum and Polygon in the first few months of 2019.
DeGods y00ts Two Leading Solana NFT Projects Are Moving To Ethereum And Polygon 1

In October 2021, Rohun Vora, an NFT creator who goes by the alias “Frank DeGods,” developed the two collections on Solana. Regarding floor pricing, they are the two most essential NFT projects on the Solana blockchain.

To compete with NFT blue chips like Bored Ape Yacht Club, CryptoPunks, and others, The DeGods collection will move to Ethereum. Its floor price of 460.00 SOL ($5,221) is the highest on Solana’s NFT market. It is planned for y00ts, which has a floor of 140 SOL ($1600), to switch to Polygon, an Ethereum sidechain that enables quicker and less expensive transactions.

DeGods y00ts Two Leading Solana NFT Projects Are Moving To Ethereum And Polygon

Vora claimed on Twitter that Polygon and Ethereum will both act as the collections’ new homes, enabling them to reach a larger NFT user base. A cross-chain bridge would facilitate the movement, he continued. The team hasn’t yet disclosed the technical information regarding the migration and the operation of the fictitious bridge, nevertheless. These specifics will be made known later.

“The details of the bridge will be released when it’s ready and tested. This has never been done before at this scale. We want to make sure that it’s airtight,” the DeGods team noted.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Annie

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Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
NFTs News

DeGods & y00ts Two Leading Solana NFT Projects Are Moving To Ethereum And Polygon

Key Points:

  • Two top non-fungible token collections on Solana, DeGods, and y00ts, have revealed plans to connect to Ethereum and Polygon in the first few months of 2019.
  • To compete with NFT blue chips like Bored Ape Yacht Club, CryptoPunks, and others, The DeGods collection will move to Ethereum. Its floor price of 460.00 SOL ($5,221) is the highest on Solana’s NFT market.
  • The team hasn’t yet disclosed the technical information regarding the migration and the operation of the fictitious bridge, nevertheless.
Two top non-fungible token collections on Solana, DeGods, and y00ts, have revealed plans to connect to Ethereum and Polygon in the first few months of 2019.
DeGods y00ts Two Leading Solana NFT Projects Are Moving To Ethereum And Polygon 1

In October 2021, Rohun Vora, an NFT creator who goes by the alias “Frank DeGods,” developed the two collections on Solana. Regarding floor pricing, they are the two most essential NFT projects on the Solana blockchain.

To compete with NFT blue chips like Bored Ape Yacht Club, CryptoPunks, and others, The DeGods collection will move to Ethereum. Its floor price of 460.00 SOL ($5,221) is the highest on Solana’s NFT market. It is planned for y00ts, which has a floor of 140 SOL ($1600), to switch to Polygon, an Ethereum sidechain that enables quicker and less expensive transactions.

DeGods y00ts Two Leading Solana NFT Projects Are Moving To Ethereum And Polygon

Vora claimed on Twitter that Polygon and Ethereum will both act as the collections’ new homes, enabling them to reach a larger NFT user base. A cross-chain bridge would facilitate the movement, he continued. The team hasn’t yet disclosed the technical information regarding the migration and the operation of the fictitious bridge, nevertheless. These specifics will be made known later.

“The details of the bridge will be released when it’s ready and tested. This has never been done before at this scale. We want to make sure that it’s airtight,” the DeGods team noted.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Annie

Coincu News

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