DeGods NFT founder steps down as collection gains traction

The creator of the non-fungible token (NFT) assortment DeGods introduced that he has stepped down because the CEO of the challenge amid an uptick in gross sales. 

Rohun Vora, identified on-line as “Frank DeGods” on X, stated he has stepped down because the challenge’s CEO, concluding a three-year stint as the top of one of the standard Solana-based NFT collections. 

He recognized pseudonymous figures 0x_chill and Pastagotsauce as the brand new leaders of DeGods. “There are not any investigations, as a result of I’ve by no means completed something unlawful. That’s the boring fact,” Vora wrote, addressing hypothesis about his departure.  

The announcement got here because the NFT assortment began gaining traction on the Ethereum and Solana blockchains. 

DeGods’ gross sales are up 101% on Solana

Knowledge tracker CryptoSlam exhibits that within the final seven days, DeGods NFTs have seen a big enhance in gross sales. 

On Could 12, DeGods on Solana recorded a gross sales quantity of round $458,000, a 101% enhance over the earlier week. Within the final 30 days, the gathering had a gross sales quantity of $1.1 million for its NFTs primarily based on the Solana community. 

On Ethereum, the DeGods assortment recorded $104,000 in gross sales for the previous week, a 156% progress over the earlier seven days. Within the final 30 days, the gathering recorded over $250,000 in gross sales, a 323% enhance in gross sales volumes. 

Following the announcement, new DeGods challenge lead Pasta shared plans to launch a tribute to the challenge’s three-year historical past and teased a shift in technique.

Pasta additionally hinted that there shall be modifications within the challenge’s method. “Our job isn’t to construct crypto merchandise. It’s to make DeGods as massive as it could presumably be. That’s what you need. That’s what we would like too. In order that’s precisely what we’re gonna do,” Pasta wrote. 

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NFT gross sales are up by 17% within the final seven days

In the meantime, the broader NFT market has additionally gained traction within the final seven days. CryptoSlam information exhibits that from Could 6 to 12, NFTs recorded a gross sales quantity of over $120 million, a 17% enhance over the earlier week.