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HomeCryptoHigh SOL NFT Collections Migrate to Polygon (MATIC), Solana Founder Reacts

High SOL NFT Collections Migrate to Polygon (MATIC), Solana Founder Reacts

As turned recognized, the 2 hottest NFT collections on Solana, y00ts and DeGods, will migrate to different blockchains in 2023. Thus, it has been formally introduced that the subsequent cease for digital artwork collections shall be Ethereum and its Layer 2 resolution, Polygon.

An occasion that was talked about again in November, when Solana’s reference to FTX induced the SOL worth to drop by greater than 60%, has created a number of controversy. It particularly, after all, damage the big Solana NFT group. Whereas there have been no questions on Ethereum, rumors that Polygon had paid initiatives emigrate to its website emerged nearly instantly.

The co-founder of Solana Labs, Anatoly Yakovenko, took this occasion stoically and, commenting on the rumors that Polygon paid for the initiatives, jokingly advised creating forks of SOL for grants from Fortune 500 corporations, which is a rating of the five hundred largest firms within the U.S. He additionally remarked that blockchain can’t do with out drama.

Polygon’s one other one, or two to be precise

The founding father of NFT collections DeGods and y00ts, Frank DeGods, didn’t deny rumors concerning the grant from Polygon and promised to reveal the quantity subsequent week. Commenting on the scenario normally, he stated that he’ll all the time be an fanatic, however in an effort to proceed to develop and check out one thing new, they determined emigrate.

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The migration of high NFT collections with multi-million-dollar turnover to Polygon provides to the listing of “huge photographs” establishing themselves on the MATIC community, which already contains Starbucks, Disney andΒ Meta.

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