First 5,000 DeGods Bridged to Ethereum

First 5,000 DeGods Bridged to Ethereum
In this post

DeGods officially made the transition to Ethereum last night, beginning with an announcement at 9:30 PM ET. As of Saturday morning, over 5,000 DeGods had already made the journey from Solana to Ethereum.

❗ Why It Matters

Long considered the premier Solana NFT project, DeGods are leaving their home in a move that follows y00ts migration to Polygon earlier this week. There has been a lot of debate over where the DeGods collection will rank among Ethereum NFTs post-bridge, with popular opinion settling somewhere around the Azuki tier. DeGods has not disappointed in their first few hours on Ethereum. 

🔎The Details

  • Dust Labs is covering all gas fees related to the migration through 9:30 PM ET tonight.
  • On April 3, a "Paper Hands Bridge Tax" will go into effect on the original Solana collection. Those who do not bridge to Ethereum will face a royalty fee of 33.3% should they choose to sell their DeGod NFT on Solana. DeGods on Ethereum will have a royalty fee of only 0.33%.
  • One lucky DeGods holder who migrates their NFT within the first 24 hours will win a BTC DeGod.
  • The first DeGod sold on Ethereum went for 11.1 ETH.

🔢 By The Numbers

The project's floor price on Ethereum currently sits at 10.4 ETH (or $19,000 USD), trailing Azuki by around 3.5 ETH. The floor price on Solana on Magic Eden sits around the same range, at 939 SOL, or $18,780.

⚡ Take Action

🎤 Community Feedback

It took me 76 seconds to send off my @DeGodsNFT to migration. Seamless and entertaining. Thank you @frankdegods and @kevindegods and all the chads on the team@glxtchtheworld

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.