DeGods has surpassed ETH projects BAKC, Doodles, CloneX, and Azuki to enter the top 5 PFP projects across all chains.
Here's a look at how they got there and what founder
@frankdegods
and the rest of the
@DeGodsNFT
team have coming up! (🧵 1/10)
h/t
@punk9059
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@frankdegods
@DeGodsNFT
@punk9059
@DeGodsNFT
minted out in minutes on October 8th, 2021 for 3 SOL and gained notoriety as a premiere PFP project w/in the SOL NFT eco
Early innovative ideas (like the Paper Hand B*tch Tax- a 33.3% tax on sec sales below mint price) were unsuccessful but the community was bought in
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In Q1 the team introduced the $DUST ecosystem and DeGods staking causing listings to plummet and the floor price began its parabolic uptrend.
Early utility for $DUST revolved around p2e integration and other metaverse projects, but the intro of new art brought upon innovation.
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The DeGod - DeadGod transformation
Listening to their community, artists
@SCUMSOL
,
@delilahdegods
, and
@sircandyapple
went back to work on revising the original DeGods artwork.
For 1,000 $DUST and 1 DeGod, holders could acquire a DeadGod providing boosted $DUST staking rewards
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In May,
@DeGodsNFT
announced their second collection
@DuppiesNFT
.
But, in early July the Duppies plan was scrapped and Frank & company went back to the drawing board.
The one Duppies plan that stuck?
The merit-based scholarship you have been seeing all over CT:
@y00tlist
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What are
@y00tsNFT
?
On the surface, y00ts are the stakable-PFP at the heart of a new Y00Topian ecosystem.
Beneath the surface?
y00ts are a groundbreaking digital fashion NFT bridging the gap between trad PFP projects and dynamic PFPs integrating avatar-wearable fashion.
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Major takeaways of the Ⓨ paper:
Ⓨ is to be seen as the copyright of the y00ts ecosystem.
Staked y00ts will receive one Ⓨ token every 30 days (max 6 Ⓨ tokens) to be used in the y00ts st0re.
The y00ts st0re will be the epicenter of sub-groups and dynamic PFP fashion.
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Each Ⓨ token will give holders the opportunity to make a monthly customizable trait change to their y00t
This will not allow holders to drastically change their y00t as the metadata cannot change (ex: can't add a hoodie to your y00t, but could change color/design of hoodie)
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With the increase of trad fashion brands entering web3 (Tiffany x Punks, Nike x RTFKT) you can imagine brands & creators wanting to create a desirable Ⓨ trait for a % of royalties on trait-specific sales
The caveat?
No more user-generated traits will be accepted after 6 mos
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'We tried some shit,
we learned some shit,
and now we're trying new shit.'
This is the type of leadership you want to push the space forward.
@frankdegods
and the rest of the
@DeGodsNFT
team are cooking up something special w/
@y00tsNFT
- prepare accordingly 🤝
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@YungFishazz
@frankdegods
@DeGodsNFT
@punk9059
Ayyyy! Bless. Thank y’all for enjoying the content.
Had a blast writing it up!
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@wardaddycapital
@frankdegods
@DeGodsNFT
@punk9059
Great thread man, and had to drop a follow for the
#COYS
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@nicholasmuncey
@frankdegods
@DeGodsNFT
@punk9059
Best fucking comment. YIDDO fam! Going to be in the London for Spurs Liverpool in Nov! Can't fucking wait
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@wardaddycapital
@frankdegods
@DeGodsNFT
@punk9059
I absolutely loved reading this thread! Thanks for writing it. Extremely informative.
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