Popular NFT collection y00ts initiates its much-awaited migration from the Solana blockchain to Polygon, with over 75% of y00ts NFT migrating in just over 24 hours.
More than 75% of the available supply of y00ts NFTs, over 11,500 out of 15,000 had apparently already moved to Polygon in less than 24 hours.
In addition to receiving $5 USDC for listing the y00ts NFT on Magic Eden, anyone who migrated it to Polygon during the first 24 hours would have zero network gas fees in the marketplace.
Also, the holders will get an additional $20 USDC for a first-time sale within 30 days.
A free Bitcoin-based DeGods NFT was airdropped at random to one of the y00ts holders who migrated their NFT within the first 24 hours.
Also Read: Solana-based ‘DeGods’ NFTs joins Bitcoin Ordinals Trend
NFT owners who don’t switch to Polygon by April 3, 2023, will be subject to a 33.3% “Paper Hands Bridge Tax” creator royalty fee on subsequent sales, which is ten times the regular DeLabs rate.
Users will be airdropped 1 $DUST token per y00t NFT on Polygon which will allow them to stake for free.
DeGods NFT will start its migration from the Solana blockchain to the Ethereum blockchain on March 31, 2023.
The y00ts NFT received $3M from Polygon for migration from Solana. DeGods & y00ts NFT Founder Rohun Vora aka Frank² stated that the team was approached with offers for even greater amounts than Polygon, but they chose to work with Polygon because it would be the ideal platform for the NFT collections.
