Top Solana NFT projects DeGods and y00ts to leave the blockchain and ‘explore new opportunities’

Two apical Solana NFT projects, DeGods and y00ts, person announced they are leaving the blockchain successful 2023, which is stirring up conflicting sentiments successful the crypto community.

Over the weekend, DeGods announced connected Twitter that it volition beryllium migrating to Ethereum, portion its sister task y00ts volition beryllium moving to Polygon aboriginal adjacent year, the teams shared. The exodus volition besides person DeGods’ DUST token — utilized to commercialized and mint NFTs connected its ecosystem — transportation to the respective blockchains.

The migration brought conflicting views from assemblage members and the Solana NFT ecosystem arsenic a whole, arsenic immoderate disapproved of the move, portion others expressed excitement and 1 idiosyncratic adjacent referred to it arsenic a “level up.”

“At the opening of the year, we noticed that overmuch of the creator economy’s attraction was focused connected ETH and Solana,” Ryan Wyatt, CEO of Polygon Studios, told TechCrunch. “Therefore, we decided to spell against the inclination and absorption connected the untapped imaginable of web3 by onboarding ample endeavor brands, DeFi platforms and gaming companies. We did this successfully done ecosystem money investments and white-glove concern support.”

Polygon has gone afloat unit into making its layer-2 blockchain a well-known location for crypto projects successful the space. Earlier this year, Polygon announced partnerships with Starbucks and Disney, portion besides having large brands similar Prada and Adidas motorboat NFT projects done its blockchain.

“There’s an statement to beryllium made that [DeGods] has capped retired connected Solana,” DeGods task person and y00ts creator, Rohun Vora, known arsenic Frank, said successful a Twitter Spaces connected Monday. “It’s hard to accept, but it’s been pugnacious to turn astatine the complaint we privation to grow. If Ethereum is wherever we person to spell to support growing, it’s what we person to do.”