NFT project accepted $3M to move its collection to Polygon
The team had previously announced the move, but had not revealed the cash deal. The team behind y00ts and DeGods were paid $3m to move their collections off Solana and onto Polygon, according to a January 6 announcement from the company. The statement was made on Discord and copied to Twitter by Frank III, founder of the two project s. Here is a screenshot of our latest @y00tsNFT Discord announcement. pic.twitter.com/qWxjBsexv6 — Frank III (@frankdegods) January 6, 2023 The developers had previously announced on Dec. 27 that the projects would be moving to Polygon. This was widely seen as a possible death blow to the Solana network, as the network was already under pressure due to fallout from the collapsed FTX exchange. However, there was no evidence at the time that the y00ts team had received money in exchange for making the move Let’s check the temperature on #solana now that the top 2 NFT projects are leaving $SOL. Is Solana dead? — Ben Armstrong (@Bitboy_Crypto) Dec...