Blue-chip NFT assortment DeGods is contemplating returning to Solana after exiting the blockchain a yr in the past to affix the likes of Bored Ape Yacht Membership and CryptoPunks on Ethereum.
DeGods, a PFP assortment that includes godly characters, was initially launched on Solana in October 2021. At one level, it turned the NFT with the best market worth on the chain.
Nevertheless, after Solana confronted a tumultuous interval in 2022-2023 resulting from its affiliation with FTX/Alameda, DeGods determined to transfer to Ethereum in April 2023.
On the time, Mud Labs, the web3 studio behind the venture, acknowledged that its resolution emigrate to Ethereum aimed to hunt new alternatives and keep away from the challenges that Solana was dealing with. It additionally stated that if DeGods is to be the world’s greatest and hottest assortment, it should transfer to Ethereum, the most important NFT market.
Whereas DeGods achieved exceptional success on Solana, it continued to thrive on Ethereum, often hitting the highest 10 NFTs by buying and selling quantity.
Nevertheless, Mud Labs is now contemplating bringing DeGods again to Solana, as hinted by DeLabs founder Rohun “Frank” Vora on X (Twitter). In his tweet, Frank confirmed off a take a look at image of bridging NFTs again to Solana.
Whereas the rationale behind the transition stays scarce for the time being, DeGods’ transfer to Solana alerts a big shift for the NFT venture. The NFT’s potential homecoming may mark a turning level for the venture’s future and probably reignite the Solana NFT market.
Whether or not DeGods will formally return to Solana stays to be seen. Nevertheless, Frank’s actions have sparked discussions throughout the NFT neighborhood, with many anticipating the venture’s subsequent transfer.
