Degods Teams Up with Cross-Chain Platform Wormhole
Degods announced a partnership with Wormhole, the cross-chain bridge platform, sparking surges in NFT value and speculation.
Degods announced a partnership with Wormhole, the cross-chain bridge platform, sparking surges in NFT value and speculation.
Nattynatman
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Frank, the Founder of Degods, dropped a bombshell in their community’s Discord: they've teamed up with Wormhole. The instructions were simple: verify your holdings of Degods and y00ts NFTs, and join the Wormhole Discord within 12 hours. No further details were provided, except for the exciting hint, “We’re doing something cool with Wormhole.”
Since the announcement of Degods partnering with Wormhole, Y00ts have surged by +50%, and Degods has seen its 3ETH floor reclaimed.
Wormhole is an interoperability platform that powers multichain apps and bridges, enabling cross-chain swaps and interactions. In November last year, they made headlines by raising $225M at a valuation of $2.5B, marking the largest raise within crypto in 2023.
Amid speculation of a Wormhole airdrop within the wider crypto community and the current hype surrounding airdrops, it's possible that this "something cool" is related to that.
Frank, the Founder of Degods, has always been known for his bold experimentation and adaptability with his projects, fostering a culture based on fun and community.
Their motto?
We tried some shit. We learned some shit. Now we're trying some new shit.
From migrating the Degods project from Solana to Ethereum, minting their second collection on Polygon, to creating a separate Ordinals Degods on Bitcoin, this partnership with a cross-chain protocol seems perfectly aligned with their ethos.
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