NFT project accepted $3M to move its collection to Polygon

The team behind y00ts and DeGods were paid $3m to move their collections off Solana and onto Polygon, according to a January 6 announcement from the company.

The funds will allegedly go into hiring new employees for “business development, graphic design, content creation, and events coordination,” which will allow the projects to gain more mainstream acceptance. In the previous days, DeGods and Y00ts revenue accounted for nearly 70% of total trading volume on Solana NFT, according to Magic Eden.