Top Solana NFT projects degods and y00tsNFT plan to bridge to Ethereum and 0xPolygon respectively in early Q1, lured by a larger market cap and a MATIC partnership grant. elitanjourno reports
“There’s an argument to be made that [DeGods] has capped out on Solana,” the project’s leader Rohun Vora, known as, said in a Monday Twitter Spaces. “It’s hard to accept, but it’s been tough to grow at the rate we want to grow. If Ethereum is where we have to go to keep growing, it’s what we have to do.”
The collections are two of the buzziest in the Solana NFT market, with DeGods commanding a 515 SOL floor price at the time of writing, the largest in the ecosystem. Y00ts, DeGod’s sister PFP collection that was released this fall, has a 148 SOL floor. Sales of DeGods rose following the news, with the collection’s floor price increasing 12% as of Monday. Sales for Y00ts have stayed relatively calm, with the floor increasing just 5 SOL .
Vora said the grant will last “one year, maybe two,” and was not paid up front. It’s unclear what will happen once the grant runs out. “There are a lot of milestones we have to hit,” Vora said. “And the grant isn’t as much as people think.”
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