The founder of the popular DeGods NFT collection, Rohun Vora, known as Frank DeGods, has announced his resignation as CEO. This decision comes at a time when the collection is experiencing a significant increase in sales across both the Solana and Ethereum blockchains.
Key Takeaways
Frank DeGods steps down as CEO of DeGods NFT project.
Sales of DeGods NFTs have surged by over 100% on Solana.
New leadership will be taken over by pseudonymous figures 0x_chill and Pastagotsauce.
Vora denies any wrongdoing, stating he is not under investigation.
Background of DeGods
DeGods, launched in 2021, quickly became one of the most recognized NFT collections on the Solana blockchain. The project has garnered a dedicated following and has expanded its reach to Ethereum, further solidifying its position in the NFT market. Vora's leadership has been pivotal in shaping the brand and its community.
Sales Surge
Recent data from CryptoSlam indicates a remarkable uptick in sales for DeGods NFTs:
Solana Sales:
Ethereum Sales:
This surge in sales reflects a broader trend in the NFT market, which has seen a 17% increase in sales volume over the past week, totaling over $120 million.
Leadership Transition
In his announcement, Vora did not provide specific reasons for his departure but hinted that focusing on the "Frank DeGods" brand may have hindered the project's growth. He expressed that the negativity surrounding his persona was sometimes excessive but acknowledged the role of public scrutiny in the crypto space.
Vora stated, "There are no investigations, because I have never done anything illegal. That’s the boring truth." This statement was aimed at dispelling rumors regarding his resignation.
The new leadership team, consisting of 0x_chill and Pastagotsauce, is expected to bring fresh perspectives and strategies to the project. Pasta, one of the new leads, emphasized the goal of expanding the DeGods brand beyond just crypto products, stating, "Our job isn’t to build crypto products. It’s to make DeGods as big as it can possibly be."
Future Outlook
As DeGods transitions to new leadership, the community is eager to see how the project will evolve. The new team has hinted at upcoming changes and a tribute to the project's three-year history, which could further engage the community and attract new collectors.
The NFT landscape continues to be dynamic, and with DeGods' recent sales success, the project is well-positioned to capitalize on the growing interest in digital collectibles. The leadership change may also signal a new chapter for DeGods, as it seeks to maintain its relevance in an ever-evolving market.
Sources
DeGods NFT founder steps down as collection gains traction, Cointelegraph.
Frank DeGods walks away from NFT project DeGods, Informed crypto news.