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Source: Opensea
Y00ts, a prominent NFT collection that initially gained traction on Solana, has announced its decision to migrate from Polygon to Ethereum. This move aims to unify the Y00ts and DeGods communities. DeGods is another project created by LA-based startup DeLabs, which had already migrated to Ethereum in April. Y00ts plans to return the $3 million grant it received from Polygon earlier this year, which was originally intended to fund team expansion and project growth. Polygon plans to redeploy $1 million of the refunded grant to support its native network of builders and creators.
Ally is a Research Analyst on the Enterprise team at Messari. Prior to joining the team, Ally worked as a Structural Engineer at Magnusson Klemencic Associates. Ally graduated from the University of Illinois in 2018 with a master’s degree in Civil and Structural Engineering.