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.
All of the successful minters of the BTC DeGods will be sent their inscriptions immediately after the mint.
You will then be free to list it on any marketplace or use our dedicated OTC trading desk in our Discord.
Best of luck to everyone.
— DeGods III (@DeGodsNFT) March 17, 2023
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.
By bridging to Bitcoin, DeGods follows in the footsteps of other popular collections that have taken the same route, such as CryptoPunks and OnChainMonkey.
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*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.
Basil is an avid fan of blockchain technology and all its innovations, and he is passionate about sharing this narrative with his audience. He has spent over five years in the crypto space, specializing in research and creating Web3 content for various media outlets around the globe.
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