Friday, September 29, 2023

DeGods Steps Throughout the Bitcoin Bridge

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Well-liked NFT PFP mission, DeGods, has been plotting to go cross-chain for some time now; nevertheless, the mission might need simply accomplished certainly one of its largest cross-overs by bridging to Bitcoin. As such, the gathering has engaged with the Ordinals mission to carry a few of its NFTs onto the undisputed king of distributed ledgers.

For a begin, DeGods will bridge a small portion of its digital collectibles to Bitcoin as a part of its long-term imaginative and prescient. At the very least that’s the sentiment of Kevin Henrikson, CEO of Mud Labs, the platform behind DeGods. By doing this, the mission hopes to introduce a first-of-its-kind minting expertise for followers of the mission, on the oldest blockchain community in operation.

Final December, DeGods supplied collectors the prospect emigrate their NFTs to the Ethereum community. It’s information that wasn’t nicely acquired throughout the Solana group, the place the mission is native. However, as Henrikson notes, DeGod’s mission is to be the main NFT group on all chains.

“First Solana, now Bitcoin, and shortly Polygon and Ethereum as soon as we migrate and develop on these chains. We aren’t simply making an attempt to go to each chain however are being considerate and purposeful on the way it can prolong our imaginative and prescient.”

DeGods on Bitcoin

That stated, the newest crossover is dubbed “DeGods on Bitcoin.” As of March 17, the mission supposed to burn 535 NFTs and mint them on Bitcoin. Of that quantity, 500 digital avatars will probably be obtainable on a first-come, first-served foundation, and potential bidders would require no less than 0.444 BTC or $12,464, as of press time to take part.

The remaining 35 objects will probably be auctioned for $DUST, the group’s utility token, with all proceeds donated to the DustDAO. The decentralized autonomous group will probably be shaped to manipulate the $DUST token after DeGods merges with y00ts.

By bridging to Bitcoin, DeGods follows within the footsteps of different common collections which have taken the identical route, comparable to CryptoPunks and OnChainMonkey.

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