DeGods, Y00ts migrate to new networks, but only one thrives
DeGods NFT has officially moved to the Ethereum [ETH] network, leaving Solana [SOL] behind. The migration was not without controversy, as it involved a couple of challenges from the Dust Labs.
In the last 24 hours since the migration, the impact on Ethereum NFT trading volume was closely monitored to assess how DeGods NFT has fared in its new home.
DeGods has made good on its previous announcement by beginning its migration from Solana to Ethereum on 1 April, 2023. The project had pledged to cover gas fees for the first 24 hours of the migration to smooth the transition.
<p lang=«en» dir=«ltr» xml:lang=«en»>You can now migrate your DeGods to Ethereum.https://t.co/xn9gOwqn69 pic.twitter.com/keAVf8Hejd— DeGods III (@DeGodsNFT) April 1, 2023
For those who prefer to skip the queue and speed up their migration, the user will cover the gas fees. This approach aims to make the process as seamless as possible while giving users the option to prioritize their migration if they choose.
Last year, Dust Labs made a surprising announcement regarding the migration of DeGods and y00ts from Solana to Ethereum and Polygon, respectively. According to project leader Frank DeGods, this move was motivated by a desire to explore new opportunities.
<p lang=«en» dir=«ltr» xml:lang=«en»>It's just the beginning. pic.twitter.com/F3vxzXQAOy— Frank² (@frankdegods) December 25, 2022
The decision to shift away from Solana’s blockchain was likely influenced by the platform’s challenges over the past year.
According to CoinMarketCap, sales for DeGods on the Ethereum network have been relatively slow. As of this writing, the project has only achieved a trading volume of around 0.5%, with 17 sales representing roughly 6%.
However, there is a silver
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