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Y00ts and DeGods Receive $3M to Move NFT Collections to Polygon

Y00ts and DeGods, two non-fungible tokens (NFT) projects, announced on January 6 that they were paid $3 million to move their collections to Polygon.

Polygon Logo
Polygon Logo

The projects had previously announced their move to the platform on December 27, and the news was seen as potentially damaging Solana, the network they were leaving.

Founder Frank III also revealed that other platforms offered the team larger sums but ultimately chose Polygon because it was the best fit for their projects. Frank emphasized that the team should have taken the deal for the money and that the funds would be used to hire new employees for business development, graphic design, content creation, and events coordination.