Polygon-based NFT collection Y00ts has made a strategic decision to ignore a possible return to Solana and instead announced its transition to the Ethereum blockchain. The move comes as competition between different blockchain ecosystems continues to grow, sparking further debate about Y00ts’ decision to move away from its host.
From Solana to Polygon, Now to Ethereum
Y00ts’ Twitter arm, X, stated that the relocation date has not yet been determined but confirmed that 100% of Polygon’s grant will be refunded. The decision comes after Y00ts experienced significant adoption when it first launched on the Solana blockchain, becoming one of the most successful Solana NFT projects. This success was attributed to the team behind the collection, DeLabs, who were also previously behind DeGods, a Solana-based project.
However, in March, the project’s founders, led by Rohun Vora, publicly announced their move to Polygon, claiming that despite Solana’s scalability, Polygon was better equipped to scale Y00ts’ features. This decision sparked controversy as the team initially denied receiving a $3 million grant from Polygon but later accepted it.
Y00ts’ Quest for Serenity
The move to Ethereum by DeGods coincided with Y00ts’ decision to ensure that the collection and DeGods were on the same blockchain. However, this move was met with mixed reactions. Some believed it was a well-thought-out move as the Y00ts brand did not align with Polygon, while others were uncomfortable with the transition from one blockchain to another.
Vora pleaded with the Y00ts community via Twitter to respect the project’s decisions and the communities of all relevant blockchains, stating:
“We have done our best to make this project work, but we need to bring our two communities together. I kindly request everyone to show respect to all parties involved.”
At the time of writing, the NFT market remained volatile. According to CryptoSlam, Ethereum, Solana, and Polygon were the top three blockchains with the highest trading volume in the past 30 days. However, their rankings did not prevent significant drops in sales and buyers. Ethereum NFT sales decreased by 36.91%, Polygon by 29.05%, and Solana NFTs by 56.03% in the past 30 days.
