Beforehand, it was reported that y00ts and DeGods would migrate away from Solana, making for the Polygon blockchain. Additional particulars have been revealed, together with screenshots from y00ts Discord, which revealed that the 2 initiatives had been paid $3 million emigrate their collections from Solana.
The announcement itself was made on January sixth earlier than being copied to Twitter through Frank III – the founding father of the initiatives.
When the announcement was made that y00ts and DeGods could be migrating away from Solana, it was broadly seen as a significant blow to Solana’s status and place as a significant rival to Ethereum. However, even with that being a prevailing narrative, builders on and off Solana beg to vary.
As well as, whereas cash was placed on the (digital) desk, Frank III reiterated that the transfer was not motivated by cash, and added that any money would go straight into enriching person experiences and hiring related employees.