DeGods NFT Founder Resigns as Collection Surges in Popularity
The individual behind the non-fungible token (NFT) collection DeGods has announced his departure as the CEO of the project, coinciding with a surge in sales.
Rohun Vora, who is known as “Frank DeGods” on X, has stepped down after a three-year tenure leading one of the most renowned Solana-based NFT collections.
He has named pseudonymous figures 0x_chill and Pastagotsauce as the new heads of DeGods. “There are no investigations, because I have never done anything illegal. That’s the boring truth,” Vora stated, addressing rumors regarding his exit.
This announcement comes as the NFT collection is experiencing increased traction on both the Ethereum and Solana blockchains.
DeGods’ sales have surged by 101% on Solana
According to data tracker CryptoSlam, DeGods NFTs have experienced a notable uptick in sales over the past week.
On May 12, DeGods on Solana recorded a sales volume of approximately $458,000, marking a 101% increase from the previous week. Over the past 30 days, the collection has achieved a sales volume of $1.1 million within the Solana network.
On Ethereum, the DeGods collection registered $104,000 in sales for the past week, a 156% increase compared to the preceding week. In the last 30 days, the sales volume exceeded $250,000, reflecting a 323% rise.
In light of the announcement, new project lead Pasta shared intentions to create a tribute to the project’s three-year journey and hinted at a strategic shift.
Pasta also suggested forthcoming changes in the project’s direction. “Our mission isn’t to create crypto products. It’s to elevate DeGods to its fullest potential. That’s what you want. That’s what we desire as well. So that’s exactly what we’re going to pursue,” Pasta wrote.
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NFT sales increased by 17% in the last week
Simultaneously, the broader NFT market has also seen growth over the past week. Data from CryptoSlam indicates that between May 6 and 12, NFTs achieved a sales volume exceeding $120 million, reflecting a 17% rise from the preceding week.
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