DeGods Takes an Exciting Trip Across the Bitcoin Bridge

Google+ Pinterest LinkedIn Tumblr +



DeGods Takes an Exciting Trip Across the Bitcoin Bridge

Popular NFT PFP project, DeGods, has been plotting to go cross-chain for a while now; however, the project might have just completed one of its biggest cross-overs by bridging to Bitcoin. As such, the collection has engaged with the Ordinals project to bring some of its NFTs onto the undisputed king of distributed ledgers.

For a start, DeGods will bridge a small portion of its digital collectibles to Bitcoin as part of its long-term vision. At least that is the sentiment of Kevin Henrikson, CEO of Dust Labs, the platform behind DeGods. By doing this, the project hopes to introduce a first-of-its-kind minting experience for fans of the project, on the oldest blockchain network in operation.

Last December, DeGods offered collectors the chance to migrate their NFTs to the Ethereum network. It’s news that wasn’t well received within the Solana community, where the project is native. But, as Henrikson notes, DeGod’s mission is to be the leading NFT community on all chains.

“First Solana, now Bitcoin, and soon Polygon and Ethereum once we migrate and grow on those chains. We aren’t just trying to go to every chain but are being thoughtful and purposeful on how it can extend our vision.”

DeGods on Bitcoin

That said, the latest crossover is dubbed “DeGods on Bitcoin.” As of March 17, the project intended to burn 535 NFTs and mint them on Bitcoin. Of that number, 500 digital avatars will be available on a first-come, first-served basis, and potential bidders will require at least 0.444 BTC or $12,464, as of press time to participate.

The remaining 35 items will be auctioned for $DUST, the community’s utility token, with all proceeds donated to the DustDAO. The decentralized autonomous organization will be formed to govern the $DUST token after DeGods merges with y00ts.

Want more? Connect with NFT Plazas

Join the Weekly Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram

*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.



Share.