DeGods NFT Founder Steps Down Amidst Soaring Sales and Strategic Shift
Jun 3
2 min read
Rohun Vora, widely known as “Frank DeGods,” has announced his resignation as CEO of the prominent DeGods non-fungible token (NFT) collection. His departure concludes a three-year tenure at the helm of one of the most popular Solana-based NFT projects and comes amidst a significant surge in the collection’s sales across both Solana and Ethereum blockchains. New leaders, 0x_chill and Pastagotsauce, have been appointed to guide the project’s future.
DeGods Founder Steps Down
Rohun Vora, the visionary behind the DeGods NFT collection, recently stepped down from his role as CEO. Vora, who operated under the pseudonym “Frank DeGods” on social media, led the project for three years, establishing it as a key player in the Solana NFT ecosystem before its expansion to Ethereum. Addressing speculation surrounding his exit, Vora clarified that his departure was not due to any investigations, stating, “There are no investigations, because I have never done anything illegal. That’s the boring truth.” He has since passed the leadership torch to pseudonymous figures 0x_chill and Pastagotsauce.
Key Takeaways
Rohun Vora, known as "Frank DeGods," has resigned as CEO of the DeGods NFT project.
His departure comes as the DeGods collection experiences a significant surge in sales on both Solana and Ethereum.
New leaders, 0x_chill and Pastagotsauce, have been appointed, signaling a strategic shift for the project.
DeGods' sales on Solana increased by 101% in the last week, while Ethereum sales grew by 156%.
Surging Sales Figures
Vora’s resignation coincides with a remarkable uptick in DeGods’ market performance. Data from CryptoSlam indicates a substantial increase in sales volume for the collection:
Solana: In the past seven days, DeGods NFTs on Solana recorded approximately $458,000 in sales, marking a 101% increase over the previous week. Over the last 30 days, the collection achieved a sales volume of $1.1 million on the Solana network.
Ethereum: The DeGods collection on Ethereum also saw impressive growth, with $104,000 in sales over the past week, representing a 156% increase. Its 30-day sales volume exceeded $250,000, a staggering 323% rise.
A New Direction for DeGods
Following the leadership transition, Pasta, one of the new project leads, hinted at an evolving strategy for DeGods. Pasta shared plans to commemorate the project’s three-year history and emphasized a shift in focus. “Our job isn’t to build crypto products. It’s to make DeGods as big as it can possibly be,” Pasta stated, indicating a broader vision for the collection’s future growth and influence beyond traditional crypto product development.
Broader NFT Market Trends
The positive momentum experienced by DeGods reflects a wider resurgence in the NFT market. Across the board, NFT sales have shown significant recovery. From May 6 to May 12, the overall NFT market recorded a sales volume exceeding $120 million, a 17% increase compared to the preceding week, according to CryptoSlam data. This broader market uplift provides a favorable backdrop for DeGods as it embarks on its new strategic direction.
Sources
DeGods NFT founder steps down as collection gains traction, Cointelegraph.