{"id":536450,"date":"2023-01-07T01:05:00","date_gmt":"2023-01-06T22:05:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/nft-project-accepted-3m-to-move-its-collection-to-polygon\/"},"modified":"2023-01-07T01:05:00","modified_gmt":"2023-01-06T22:05:00","slug":"nft-project-accepted-3m-to-move-its-collection-to-polygon","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/nft-project-accepted-3m-to-move-its-collection-to-polygon\/","title":{"rendered":"# NFT project accepted $3M to move its collection to Polygon"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a25b3c69352c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a25b3c69352c\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/nft-project-accepted-3m-to-move-its-collection-to-polygon\/#%E2%80%9D_NFT_project_accepted_3M_to_move_its_collection_to_Polygon_%E2%80%9C\" >&#8221; NFT project accepted $3M to move its collection to Polygon &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_NFT_project_accepted_3M_to_move_its_collection_to_Polygon_%E2%80%9C\"><\/span>&#8221; NFT project accepted $3M to move its collection to Polygon &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDEvNDhhNGNjOTgtOWFkNS00ZDFkLWJlNjctZmRmNzY0MzkxZWNmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-6ed77c39>The team behind y00ts and DeGods were paid $3m to move their collections off Solana and onto Polygon, according to a January 6 announcement from the company. The statement was made on Discord and copied to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> by Frank III, founder of the two projects.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Here is a screenshot of our latest <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/y00tsNFT?ref_src=twsrc%5Etfw\">@y00tsNFT<\/a> Discord announcement. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/qWxjBsexv6\">pic.twitter.com\/qWxjBsexv6<\/a><\/p>\n<p>\u2014 Frank III (@frankdegods) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/frankdegods\/status\/1611399534470664193?ref_src=twsrc%5Etfw\">January 6, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>The developers had previously announced on Dec. 27 that the projects would be moving to Polygon. This was widely seen as a possible death blow to the Solana network, as the network was already under pressure due to fallout from the collapsed FTX exchange. However, there was no evidence at the time that the y00ts team had received money in exchange for making the move<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Let\u2019s check the temperature on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/solana?src=hash&amp;ref_src=twsrc%5Etfw\">#solana<\/a> now that the top 2 NFT projects are leaving <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SOL<\/a>.<\/p>\n<p>Is Solana dead?<\/p>\n<p>\u2014 Ben Armstrong (@Bitboy_Crypto) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Bitboy_Crypto\/status\/1607466945183469569?ref_src=twsrc%5Etfw\">December 26, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Vitalik Buterin has since argued that claims of the death of Solana may be exaggerated.<\/p>\n<p><strong>Related: <\/strong><strong>Polygon partners with Warner Music, LGND to create Web3 music platform<\/strong><\/p>\n<p>In this new statement from Frank III, the y00ts and DeGods founder claimed the team was offered even larger sums than it got from the Polygon deal, but decided to partner with Polygon anyway because it would be the best platform for the projects. Frank also attempted to preemptively respond to criticism that would arise from revealing the compensation received, stating:<\/p>\n<blockquote><p>&#8220;We didn\u2019t take this deal for the money. That\u2019s just a nice bonus and we will use it effectively. We did this because it\u2019s the most exciting direction for y00ts as a project. Also, if you are really upset \u2014 all I ask is to just channel that energy into genuine questions before just automatically assuming the worst.\u201d<\/p><\/blockquote>\n<p>Frank III also stated that he will \u201cnot be purchasing any lambo\u201d with the money. In other words, the team will not be using the money for their own consumption. Instead, the funds will allegedly go into hiring new employees for \u201cbusiness development, graphic design, content creation, and events coordination,\u201d which he said will allow the projects to gain more mainstream acceptance.<\/p>\n<p>Meanwhile, Solana may have recovered from the exodus of y00ts and DeGods, at least for now, as meme coins like Bonk are attracting trading activity back onto the platform.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"nifty_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/nft-project-accepted-3m-to-move-its-collection-to-polygon\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; NFT project accepted $3M to move its collection to Polygon &#8220; 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&#8230;<\/p>\n","protected":false},"author":1,"featured_media":536451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/48a4cc98-9ad5-4d1d-be67-fdf764391ecf.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74863,95118,113408,92498],"class_list":["post-536450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrencies","tag-nft","tag-polygon","tag-solana"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/536450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=536450"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/536450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/536451"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=536450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=536450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=536450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}