NFT project accepts USD 3 million for transferring its collection to Polygon

The workforce behind y00ts and DeGods have been awarded $3 million to maneuver their collections from Solana to Polygon, in keeping with a Jan. 6 firm assertion. The assertion was made on Discord and copied to Twitter by Frank III, founding father of the 2 tasks.

The builders had beforehand introduced on December 27 that the tasks can be shifting to Polygon. This was extensively seen as a possible demise blow to the Solana community, because the community was already below stress as a result of fallout from the FTX change collapse. However, at the moment there was no proof that the y00ts workforce had obtained cash in change to modify networks.

Vitalik Buterin has since argued that claims about Solana’s demise could also be exaggerated.

On this new assertion from Frank III, the founding father of y00ts and DeGods claimed that the workforce was supplied even bigger sums than it received from the Polygon deal, however determined to associate with Polygon anyway as a result of it might be the most effective platform for the tasks. Frank additionally tried to preemptively reply to the criticism that might come up from disclosing compensation obtained, stating:

“We do not take this deal for the cash. It is only a good bonus and we’ll use it successfully. We did it as a result of it is essentially the most thrilling course for y00ts as a challenge. Additionally, for those who’re actually upset, all I am asking is that you simply channel that power on real questions earlier than routinely assuming the worst.

Frank III additionally said that he “is not going to purchase any lambos” with the cash. In different phrases, the workforce is not going to use the cash for its personal consumption. As an alternative, the funds will supposedly go towards hiring new staff for “enterprise growth, graphic design, content material creation, and occasion coordination,” which he says will enable the tasks to achieve wider acceptance. normal.

In the meantime, Solana could have reeled from the exodus of y00ts and DeGods, at the least for now, Effectively, meme cash like Bonk are attracting industrial exercise to the platform once more.

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