What is DeGods? How Does It work? Complete guide [2024]

DeGods is a collection of NFTs that is deflationary in nature, constructed on the Solana blockchain. It is composed of an ensemble of 10,000 DeGods that are designed to shrink in number, along with the supporting DUST protocol ecosystem. Possessors of DeGod will have exclusive access to DeDAO, which includes the DeGods Discord community, a conclave of some of the leading whales, Alpha analysts, and architects in the Solana ecosystem and beyond. DeGod holders will also accumulate DUST daily. DeDAO incessantly engenders utility for DUST by building the DeGods ecosystem and collaborating with other Solana projects. Subsequently, DUST has been integrated into other prominent ventures including P2E games, casinos, and betting platforms.

In the crypto markets of 2023, there have already been a plethora of noteworthy updates including Shanghai Upgrade, the brc20 standard, Dookey Dash, and much more. However, as these highlights span different areas within the crypto space, the attention of crypto users is naturally divided.

But for those immersed in the NFT markets, the most exhilarating development this year has undoubtedly been the extensive implementation of the Ordinals Protocol, enabling a host of prominent NFT projects to debut on the BTC network and causing quite a stir in the market.

Among them, DeGods, a top-notch NFT project from Solana, has taken 535 NFTs that were previously destroyed and redeployed them on the BTC blockchain. This action stems from when the project was initiated in 2021, during which 535 PFP NFTs were destroyed to limit supply.

This move quickly sparked excitement among NFT enthusiasts. It’s important to realize that since entering 2023, the most significant development for the NFT project has been its migration from the Solana network to Ethereum, with the project team having shifted their focus to the new project, y00ts, in 2022.

For those who continue to hold NFTs, this might signal the commencement of a new wave of activity for the project.

DeGods is a collection of 10,000 unique PFP (profile picture) NFTs featuring characters with a blend of godly features and modern streetwear aesthetics. Here’s a deeper dive into what offers:

Concept and Artwork:

• Deity-Inspired Characters: NFTs depict characters resembling deities or gods, often adorned with modern streetwear clothing and accessories. This unique visual style sets them apart from other PFP collections.
• 10,000 Unique NFTs: Each DeGod NFT possesses distinct traits and variations, making them collectible and potentially valuable depending on their rarity.

Community and Utility:

• #1 NFT Community: DeGods prides itself on having a strong and active online community. Owners of DeGods NFTs gain access to exclusive channels and events within this community.
• Roadmap and Utility: The DeGods project has a roadmap outlining its future plans, which might include additional NFT collections, metaverse integration, or even tokenized rewards for holders. It’s important to stay updated on the project’s official channels for the latest information.

How to Participate:

• Secondary Marketplaces: While the initial mint of DeGods NFTs might be sold out, you can potentially purchase them on secondary NFT marketplaces like OpenSea, LooksRare, or Magic Eden. Prices can vary depending on the specific NFT’s rarity and market demand.
• Project Involvement: You can follow the DeGods project on social media (Twitter, Discord) to stay updated on potential future NFT releases or minting opportunities.

Important Considerations:

• NFT Market Volatility: The value of DeGods NFTs can fluctuate significantly. Research market trends and understand the risks before investing in any NFT project.
• Project Legitimacy: Research the team behind DeGods and their experience in the NFT space. Look for a clear roadmap and strong community engagement to gauge the project’s potential.
• Hidden Costs: Consider potential gas fees associated with buying or selling NFTs on secondary marketplaces.

By understanding these aspects, you can form a more informed opinion about DeGods and decide if it aligns with your NFT interests. Remember, always conduct your own research before investing in any NFT project.