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Reading: DeGods NFT Project Considers Returning to Solana Blockchain
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COINTURK NEWS > NFT News > DeGods NFT Project Considers Returning to Solana Blockchain
NFT News

DeGods NFT Project Considers Returning to Solana Blockchain

In Brief

  • DeGods might return to Solana, boosting both communities.

  • Frank hints at moving the project back to Solana Blockchain.

  • Return could mark a new chapter in DeGods' journey.

COINTURK NEWS
COINTURK NEWS 1 year ago
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Leading NFT project DeGods, previously on the Ethereum Blockchain, is considering a return to the Solana Blockchain. The project’s founder, Frank, recently shared a test image indicating interest in returning to the network where the project originated. It is known that before moving to the Ethereum Blockchain in March 2023, DeGods was the highest market value NFT project on the Solana Blockchain following the FTX/Alameda collapse.

Contents
Preparations for Transition from Ethereum to Solana UnderwayThe Transition Represents a Crucial Moment for DeGods

Preparations for Transition from Ethereum to Solana Underway

The potential return of DeGods to Solana is significant for both the community and Solana, considering its previous success and impact on the Solana Blockchain. The project’s initial presence on the Solana Blockchain established a strong foundation within the ecosystem, contributing to its importance and market value. Frank’s implication that they are preparing to bring the project back to the Solana Blockchain could help the project rebound.

The decision to transition to the Ethereum Blockchain in 2023 was driven by external factors seeking stability and continuity on a different Blockchain, especially after the collapse of FTX/Alameda affected Solana. However, since then, the environment has evolved and changed, and the Solana network has been shining for a long time with its main network asset, SOL.

The Transition Represents a Crucial Moment for DeGods

The test image shared by Frank offers a glimpse into DeGods’ ongoing research on Blockchain options and strategic evaluations. The project’s founders and stakeholders will likely make a decision based on various factors, including technical specifications, network scalability, and community engagement.

Still, a potential return to Solana could represent a crucial moment for the DeGods project and could signal a new chapter in its journey in the NFT world.

As the NFT market continues to develop and expand, DeGods’ potential return to the Solana Blockchain adds an intriguing narrative to the broader Blockchain ecosystem. The project’s revival on the Solana Blockchain is expected to reignite interest and excitement among dedicated community members, while participants eager to explore what it offers are expected to gravitate towards the project.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 23 April, 2024 - 12:41 pm 23 April, 2024 - 12:41 pm
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