NFT Project y00ts to Return $3M Grant, Switching from Polygon to Ethereum
Switching Blockchains Again: y00ts Moves from Solana to Ethereum
Non-fungible token project y00ts is making another blockchain transition, this time migrating from Solana to Ethereum, following its earlier move from Solana to Polygon just four months ago.
1. y00ts will be migrating to Ethereum.
— y00ts (@y00tsNFT) August 9, 2023
Uniting Communities: y00ts and DeGods NFT Collection
DeLabs, the NFT firm behind y00ts, is aligning its y00ts community with its DeGods community by migrating to Ethereum. The move comes after the successful bridging of the DeGods NFT collection from Solana to Ethereum earlier.
Grant Return: DeLabs Refunds $3M from Polygon Labs
2. We're returning 100% of the grant provided by Polygon.
— y00ts (@y00tsNFT) August 9, 2023
The funds will be re-deployed for NFT ecosystem growth to empower builders and creators.
We still love Polygon. It's just time to unite the DeGods & y00ts communities.
As part of its transition to Ethereum, DeLabs will be returning a $3 million grant to Polygon Labs, the blockchain firm that initially supported y00ts' migration from Solana to Polygon.