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NFT project y00ts abandons Polygon for Ethereum, returns $3M grant

NFT project y00ts abandons Polygon for Ethereum, returns $3M grant

– DeLabs, the NFT firm behind y00ts, has announced that it will be migrating the project from Polygon to Ethereum.

– This comes just four months after the majority of y00ts NFTs were bridged from Solana to Polygon.

– The move is aimed at uniting the y00ts community with the DeGods community, which is also migrating from Solana to Ethereum.

– DeLabs will be returning a $3 million grant provided by Polygon Labs to support the migration.

– The news has received mixed reactions from the NFT community, with some supporting the decision and others expressing concern about the state of Polygon’s NFT ecosystem.

– Currently, DeGods and y00ts have the 6th and 22nd highest floor prices among NFT projects.

– Overall, the migration to Ethereum is seen as a way to bring the two communities together and empower NFT ecosystem growth.

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