“The y00ts NFT project is migrating from Polygon to Ethereum blockchain to strengthen ties with the DeGods community. The move includes returning a $3 million grant from Polygon and aims to merge the DeGods and y00ts collections, previously debuted on Solana.”
Search Results for: Y00ts
Navigating Blockchain Allegiances: y00ts’ Move from Polygon to Ethereum Sparks Debate
“Non-fungible token project y00ts has created buzz in the crypto community by deciding to return a $3 million grant to Polygon Labs as it switches from the Polygon to Ethereum blockchain. The move, implying integrity of DeLabs, the project behind y00ts, raises questions about future blockchain preferences and their implications to NFTs and the digital ecosystem.”
Y00ts’ Tectonic Shift: From Polygon Back to Ethereum, Stirring the DeGods and Crypto Communities
Top NFT collection, y00ts, has announced its intention to migrate away from Polygon and return a $3 million grant, aiming to align with DeGods community. The move, offering a timeline soon, has sparked various reactions within the crypto community.
Navigating the Vibrant Landscape of Web3: Innovation, Controversy and the Role of AI
“Y00ts, an NFT collection migrated from Polygon’s blockchain to Ethereum, stirring controversy. Coinbase’s new Base blockchain, though encouraging, requires vigilant monitoring. Aptos, a Layer 1 blockchain, teamed with Microsoft for AI integration, urging investments to be made with discernment.”
Navigating the NFT Dip: DeGods Defies Market Trends and Plans Expansion Amid Declining NFT Volume
Despite a 50% drop in overall NFT trading volume since January, DeGods, a PFP project, shows resilience with a 197% surge in trading volume to about $2.5 million. It coincides with the purchase of 158 DeGods, placing DeGods at the top of OpenSea’s leaderboard. However, DeGods’ floor price declined during this sales burst, suggesting fluctuating NFT sales trends. DeGods recently announced “Season III” which will introduce 20,000 new artworks and renew unattractive traits, initiating an intriguing wave in the NFT market.