Last year, DeGods defied expectations to become the latest NFT comeback story. Born in Solana, the large-scale PFP effort and its counterpart, y00tshave continued to drive the conversation around cross-chain compatibility for generative avatars, and at the same time plan to branch out to Ethereum and Polygon, respectively.
Now, DeGods has decided to take his multi-chain efforts a considerable step further by attaching a select set of NFTs from Solana’s original collection to Bitcoin as ordinal entries. Dubbed “DeGods on Bitcoin,” the latest venture will introduce a one-of-a-kind Bitcoin minting experience, says Dust Labs CEO Kevin Henrikson (AKA kevin iii) to serve as an intentional extension of the DeGods project vision.
“Our goal is to be the number one NFT community on every network,” Henrikson said in an interview with nft now. “First Solana, now Bitcoin, and soon Polygon and Ethereum once we migrate and grow on those chains. We’re not just trying to go to every network, but we’re being thoughtful and determined about how you can broaden our vision.”
DeGods on Bitcoin
In recent months, it has become increasingly common for established projects and intellectual property to take advantage of the Ordinals hype by linking to Bitcoin. With names like CryptoPunks, Yuga Labs, and OnChainMonkey leading the ETH brigade, original efforts in BTC like Taproot Wizards have also begun to flourish. Now, DeGods has added his name to the growing list of Bitcoin-focused NFT players, partnering with Luxor mining to bring his latest adventure to life.
With a tentative mint Scheduled for the afternoon of March 17, DeGods on Bitcoin will feature a total of 535 NFTs, each of which was previously burned off the blockchain as part of the “paper hands bitch tax” experiment. Although a minting price has not yet been set, as for a notice from the official DeGods Twitter account, potential entrants will want to have at least 0.444 BTC in a self-custody wallet out of the box.
But there is more than meets the eye to this collection of small batch BTC. Because while 500 will be available to users on a first-come, first-served basis, the remaining 35 will be auctioned off in $DUST (the community utility token), and the proceeds from the DeGods auctioned by DUST will go to DustDAO, a DAO for governance. of the DUST token that will be erected after the merger of DeGods and y00ts.
For starters, Rohun Vora (better known as frank III) Auctioned OfGods #2428 on March 16, which doubled as his original Twitter profile photo at the DeGods launch, for a whopping 44,256 DUST (nearly $80,000).
Why expand to Bitcoin?
While this latest DeGods expansion surely came about due to the recent arrival and subsequent hype of Bitcoin Ordinals, it apparently has a deeper meaning with its progenitors. Speaking about how he and Vora came to branch out to Ordinals, Henrikson said his longstanding affinity for BTC fueled the move.
“The first crypto project Frank and I heard about was Bitcoin. We like to say that Bitcoin is the best brand in crypto. It simply is. So the potential for digital collectibles in Bitcoin is magical,” Henrikson said.
“When Ordinals came out, we followed closely and watched. We wanted to do something, but it had to be special. Having the previously burned DeGods return as DeadGods in this way was just perfect. Doing it as art on a block is just special and unique.”
Of course, with two set mergers imminent, there surely is a lot to look forward to for the DeGods community. And for Henrikson, this latest step into Bitcoin is not meant to eclipse the potential of y00ts but to elevate the entire DeGods and y00ts ecosystem, both of which still have a lot on the horizon.
“Y00ts will be moving to Polygon in the coming weeks. We’re very excited about the brands we’ve been talking to and starting to work with y00ts and Dust Labs, our software company. Polygon has been a force signing the biggest brands coming into Web3, and that’s a perfect match for the diverse and passionate community we’ve built so far with y00ts,” said Henrikson.
“We will also be launching an incubator and accelerator to help grow the Polygon ecosystem and attract more creators and brands to Web3.”