Two high Solana NFT initiatives, 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 challenge y00ts will probably be transferring to Polygon early subsequent 12 months, the groups shared. The exodus may 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 particular person even referred to it as a “level up.”
“At the start of the 12 months, we seen that a lot of the creator financial 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 concentrate on the untapped potential of web3 by onboarding giant enterprise manufacturers, DeFi platforms and gaming corporations. We did this efficiently by way of ecosystem fund investments and white-glove partnership assist.”
Polygon has gone full drive into making its layer-2 blockchain a widely known dwelling for crypto initiatives 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 initiatives by way of its blockchain.
“There’s an argument to be made that [DeGods] has capped out on Solana,” DeGods challenge chief and y00ts creator, Rohun Vora, often known as Frank, said in a Twitter Areas on Monday. “It’s laborious to simply accept, but it surely’s been powerful to develop on the charge we wish to develop. If Ethereum is the place we’ve to go to continue to grow, it’s what we’ve to do.”