Previously yr, DeGods has defied expectations to change into the last word NFT comeback story. Born on Solana, the large-scale PFP endeavor and its counterpart, y00ts, have continued to drive dialog surrounding the cross-chain compatibility of generative avatars whereas concurrently planning to department over to Ethereum and Polygon, respectively.
Now, DeGods has determined to take its multi-chain endeavors a sizeable step additional by bridging a choose set of NFTs from the unique Solana assortment over to Bitcoin as Ordinals Inscriptions. Dubbed “DeGods on Bitcoin,” this newest enterprise will introduce a first-of-its-kind minting expertise on Bitcoin and is alleged by Mud Labs CEO Kevin Henrikson (AKA Kevin III) to function an intentional extension of the DeGods mission imaginative and prescient.
“Our goal is to be the number one NFT community on each chain,” Henrikson stated in an interview with nft now. “First Solana, now Bitcoin, and soon Polygon and Ethereum once we migrate and grow on those chains. We aren’t just trying to go to every chain but are being thoughtful and purposeful on how it can extend our vision.”
DeGods on Bitcoin
In latest months, it has change into more and more widespread for established initiatives and IP to capitalize on the Ordinals hype by bridging over to Bitcoin. With names like CryptoPunks, Yuga Labs, and OnChainMonkey main the pack for the ETH brigade, unique endeavors on BTC, like Taproot Wizards, have begun to flourish as nicely. Now, DeGods has added its title to the rising record of Bitcoin-centric NFT gamers, partnering with Luxor Mining to convey its newest enterprise to life.
With a tentative mint scheduled for the afternoon of March 17, DeGods on Bitcoin will function a complete of 535 NFTs, every of which was beforehand burned from the distributed ledger technology as a part of the “Paper Hands Bitch Tax” experiment. Though a mint worth has but to be set, as per a discover from the official DeGods Twitter account, potential contributors will need to have no less than 0.444 BTC in a self-custodial pockets able to go.
However there’s greater than meets the attention to this small-batch BTC assortment. As a result of whereas 500 might be accessible to customers on a first-come-first-serve foundation, the remaining 35 might be auctioned off in $DUST (the group’s utility token), with proceeds of the DUST-auctioned DeGods to go in the direction of the DustDAO, a DAO for DUST token governance to be erected put up DeGods and y00ts merge.
To kick issues off, Rohun Vora (recognized higher as Frank III) auctioned off DeGods #2428 on March 16 — which acted as his unique Twitter profile image upon the launch of DeGods — for a whopping 44,256 DUST (practically $80,000).
Why increase to Bitcoin?
Whereas this newest DeGods growth has absolutely come about as a result of latest creation and subsequent hype of Bitcoin Ordinals, it’s apparently one which carries deeper that means with its progenitors. In talking about how he and Vora landed on branching out to Ordinals, Henrikson stated that their already longstanding affinity for BTC fueled the transfer.
“The first crypto project Frank and I learned of was Bitcoin. We like to say Bitcoin is the best brand in crypto. It just is. So the potential for digital collectibles on Bitcoin is magic,” stated Henrikson.
“When Ordinals came out, we followed it closely and watched. We wanted to do something, but it had to be special. Having the previously burned DeGods come back as DeadGods in this fashion was just perfect. Doing it as art in one block is just special and unique.”
In fact, with two assortment merges impending, there’s absolutely lots to stay up for for the DeGods group. And to Henrikson, this newest transfer to Bitcoin isn’t meant to overshadow the potential of y00ts however to uplift everything of the DeGods and y00ts ecosystem, each of which nonetheless have lots on the horizon.
“Y00ts will move to Polygon in the coming weeks. We are very excited about the brands we’ve been talking to and starting to work with both y00ts and Dust Labs, our software company. Polygon has been a force signing the biggest brands coming into Web3, and that is a perfect match for the diverse and passionate community we’ve built so far with y00ts,” stated Henrikson.
“We will also be launching an incubator and accelerator to help grow the Polygon ecosystem and bring more creators and brands into Web3.”
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