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Degods are taking over the Bitcoin blockchain. The most popular collection on Solana will release 535 NFTs on the queen of all blockchains.
DeGods: A First on the Bitcoin Blockchain
This first-of-its-kind experience will happen this week, possibly on Friday or during the weekend. Collectors will participate in a public mint whose rules are simple: first come, first serve. The DeGods Team recommended that the collectors have a self-custody Bitcoin wallet (an Ordinals wallet) with at least 0.444 BTC on it.
The DeGods team will first mint 500 DeGods. Then, one day later, 34 others will be auctioned or raffled using the $DUST token. The founders indicated that no $DUST would be burned and that 100% of the proceeds will be donated to the DustDAO. An Auction will also take place for selling the first burned DeGods.
Degods are the last collection to follow the Bitcoin ordinals trend. CryptoPunks, for example, have already their Bitcoin counterparts. The Bitcoin ordinals protocol allows since January inscribing of digital content like art onto the Bitcoin blockchain. Unlike NFTs on Ethereum and other blockchains, Rodarmor wanted to create an immutable on-chain presence of a piece of art, text, or video.
535 DeGods NFTs Brought Back to Life
The 535 DeGods NFTs were originally minted on the Solana network in 2021. The team then burned them to cut down the supply.
In order to make the bridge to Bitcoin as smooth as possible, DeGods worked with the Bitcoin miner Luxor Technologies. They decided to create the 535 NFTs in a single block, by compressing the size of each NFT at the low resolution of 210×210 pixels. DMG Blockchain Solutions’ Terra Pool, a carbon-neutral mining pool, managed this special block.
DeGods will explore a new blockchain, a few weeks after announcing that it will leave the Solana Blockchain for Ethereum. Its sister project Y00ts will be moving to Polygon early next year.
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, make your own research prior to making any kind of investment.
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