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CoinTelegraph 2025-05-12 12:27:18

DeGods NFT founder steps down as collection gains traction

DeGods NFT founder steps down as collection gains traction

The creator of the non-fungible token (NFT) collection DeGods announced that he has stepped down as the CEO of the project amid an uptick in sales for the collection. Rohun Vora, known online as “Frank DeGods” on X, said he has stepped down as the project’s CEO, concluding a three-year stint as the head of one of the most popular Solana-based NFT collections. He named pseudonymous figures 0x_chill and Pastagotsauce as the new leaders of DeGods. “There are no investigations, because I have never done anything illegal. That’s the boring truth,” Vora wrote, addressing speculation about his departure. The announcement came as the NFT collection started to gain traction on the Ethereum and Solana blockchains. Source: Frankdegods DeGods’ sales are up 101% on Solana Data tracker CryptoSlam shows that in the last seven days, DeGods NFTs have seen a significant increase in sales. On May 12, DeGods on Solana recorded a sales volume of around $458,000, a 101% increase over the previous week. In the last 30 days, the collection had a sales volume of $1.1 million for its NFTs based on the Solana network. On Ethereum, the DeGods collection recorded $104,000 in sales for the past week, a 156% growth over the previous seven days. In the last 30 days, the collection recorded over $250,000 in sales, a 323% increase in sales volumes. Following the announcement, new DeGods project lead Pasta shared plans to release a tribute to the project’s three-year history and teased a shift in strategy. Pasta also hinted that there will be changes in the project’s approach. “Our job isn’t to build crypto products. It’s to make DeGods as big as it can possibly be. That’s what you want. That’s what we want too. So that’s exactly what we’re gonna do,” Pasta wrote. Source: Pastagotsauce Related: Doodles NFT sales surge 97% ahead of DOOD token airdrop NFT sales are up by 17% in the last seven days Meanwhile, the broader NFT market has also gained traction in the last seven days. CryptoSlam data shows that from May 6 to 12, NFTs recorded a sales volume of over $120 million, a 17% increase compared to the previous week. Magazine: Trump-Biden bet led to obsession with ‘idiotic’ NFTs —Batsoupyum, NFT Collector

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