Within a mere 24-hour period, the DeGods NFT collection on Solana successfully garnered upwards of $1 million.
The DeGods NFT collection based on the Solana blockchain has the potential to emerge as a frontrunner. Okay Bears This collection surpassed the previous sales records, becoming the leading collection on Solana in a market heavily influenced by Ethereum. In the past 24 hours, DeGods amassed an impressive 37,068 SOL, securing their top position on OpenSea. Currently, the minimum purchase price for this collection stands at 597 SOL, with an overall trading volume exceeding 852,000 SOL.
The DeGods is a unique digital art collection containing 10,000 NFTs, shaped by a diverse global community of creators, innovators, and developers.
"Owning a DeGod grants you the ability to mine DUST, use our NFT tracking app DYOR, gain community membership, and access a host of other exciting benefits. Additionally, DeGods can be transformed into DeadGods using DUST,\" according to the project’s representatives. description reads.
Those who hold DeGod NFTs are eligible for royalties ranging anywhere from 33.3% to an impressive 200% based on its utility token, $DUST.
The record-breaking sale of a single DeGod NFT reached 1,400 SOL, which is approximately $42,966.
Among the notable holders of DeGods NFTs are key figures such as Anatoly Yakovenko and Raj Gokal, co-founders of Solana Labs, alongside Sidney Zhang, co-founder and CTO of Magic Eden, and several other prominent personalities in the Web3 space.
It’s worth noting that the journey for DeGods was not smooth from the outset. A statement from team member Taylor highlights the challenges faced, explaining why the NFTs were labeled 'dead' just nine months earlier. explained Before its launch, DeGods went viral and generated substantial buzz prior to minting. However, after going live in October 2021, the collection sold out in an astonishing seven seconds. Unfortunately, the minting process encountered numerous mishaps, leading many investors to waste time and funds on failed attempts. This turmoil caused a decline in floor prices, resulting in a constant influx of complaints in the founders’ DMs.
The turning point arrived in January, when the NFT collection introduced $DUST and revitalized DeGods. The PFP NFTs underwent a rebranding, transforming them into the aesthetically refined DeadGods. By April, DeGods climbed to the number one spot on Solana, achieving a groundbreaking floor price of 333 SOL. The NFT community, known as DeDAO, also made history by acquiring a professional basketball team.
A vital factor contributing to the collection's success is its robust community. To promote DeGods, holders created viral content and the founders organized a large-scale NFT event in Manhattan. With the community being promoted as 'the greatest in the metaverse,' the NFTs are poised for continued success.
An overview of the price floor of DeGods throughout the year; Source: Magic Eden.
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Disclaimer
In line with the Trust Project guidelines Agne is a journalist dedicated to covering the latest trends and advancements in the realms of the metaverse, AI, and Web3 for Metaverse Post. With a deep passion for storytelling, Agne continuously seeks out intriguing interviews with industry experts. She holds a Bachelor’s degree in literature and boasts a vast writing portfolio across diverse topics such as travel, art, and culture, and has also contributed her editorial skills to animal rights organizations to raise awareness about animal welfare. You can reach her via
