Between August 9 and 10, DeGods made waves locally by unveiling not one however three long-awaited updates which were eagerly anticipated by fanatics of each DeGods and y00ts tasks. These bulletins mark a brand new chapter ahead for the ecosystem. This contains an artwork replace, a brand new factors system, and the migration of y00ts to Ethereum.
Nevertheless, the bulletins have met with a blended response from the neighborhood. Let’s dive in.
DeGods unveils PFP artwork refresh
Before everything, an inventive replace takes heart stage, promising to breathe new life into the challenge with the objective of creating the “most elegant PFP doable.”
Along with cleansing up traits to be less complicated, the artists additionally simplified the backgrounds and added feminine DeGods that holders can swap for his or her male DeGods. Nevertheless, this isn’t a brand new assortment — those that wish to hold the previous artwork can accomplish that.
There isn’t any assortment dilution, simply 20,000 extra items of artwork added to the unique assortment’s metadata. Needless to say it is going to price holders 333 $DUST to improve their PFP.
y00ts declares bridge to Ethereum
On August 9, the Mud Labs staff additionally revealed the strategic choice emigrate y00ts to the Ethereum blockchain. This comes after y00ts accepted a $3 million grant from Polygon in January and bridged it in early 2023. As a part of the introduced choice, y00ts will return the grant cash to Polygon.
“We nonetheless love Polygon,” a tweet from the official y00ts account said. “It’s simply time to unite the DeGods & y00ts communities.”
“I’d respect it if everybody stays respectful of all events concerned,” added Frank DeGods. “It’s all love.”
The migration date to Ethereum has not but been introduced. This choice has led to reward, backlash, and hypothesis from the neighborhood, with some members claiming that “the tech they promised Polygon isn’t there.”
Introducing ‘Factors Parlor’
Including one other layer of intrigue, Degods launched a novel factors system, Factors Parlor, that guarantees to revolutionize how customers get rewarded from NFT tasks. The $DUST collected from the Season III artwork replace can be used for the Factors Parlor prize pool. Prizes can be given to holders who stake their DeGods/y00ts NFTs, rewarding loyalty. Extra particulars can be introduced.
Neighborhood sentiment
Whereas it has already been an eventful week for the DeGods staff, their work appears removed from over.
The newest DeGods Season III bulletins met with blended reactions from the neighborhood, with some critiquing the paintings and the advertising and marketing strategy taken by the staff.
Following the announcement, Frank DeGods took to Twitter to apologize to his neighborhood for “fumbling.” He added that he hates disappointing the neighborhood and can regulate his strategy.
Some neighborhood members appeared to vote with their wallets. One notable holder dumped greater than 100 DeGods into Blur bids, inflicting the worth flooring to fall under 6 ETH at one level.
After receiving criticism, the vendor later took to the DeGods Discord to elaborate on their causes for promoting, which appeared extra private than associated to the challenge criticisms.
NFT Statistics famous that whereas the 241 whole DeGods bought into Blur bids at this time marked a big bounce, it was pushed by solely 22 sellers.
On the time of publication, the DeGods flooring value sat at 6.86 ETH, down from 8.8 ETH earlier than the bulletins. Nevertheless, historical past has proven that it could be unwise to wager towards the DeGods staff in instances of doubt. With an unlikely comeback already underneath their belt and Frank DeGods promising to make changes, time will inform what the challenge’s subsequent chapter holds.
