DeGods Season III Unveiled - Trading Volume Skyrockets by Over 1000%
- DeGods introduces “Season III” with 20,000 new artworks and user-focused changes
- OpenSea sees a phenomenal surge in trading volume, sales, and impact for DeGods
- DeGods takes the spotlight on Blur with a wallet bidding over $1.5 million on 100 DeGod NFTs
- Innovative approach preserves DeGods’ uniqueness, associating each NFT with four generative art pieces
- Holders can evolve their tokens with 333 DUST, DeGods’ native utility token, contributing to the “Points Parlor” prize pool
DeGods, the iconic profile-picture (PFP) project, is making waves once again with the launch of its eagerly anticipated “Season III”.
DeGods Season III Unveiled
Early on a Thursday morning, DeGods revealed its visionary plans for “Season III” of the collection.
This next chapter introduces an impressive addition of 20,000 new artworks, with a strategic focus on enhancing user experience.
Welcome to DeGods Season III.
— DeGods (@DeGodsNFT) August 10, 2023
Here's some previews. pic.twitter.com/FulByhp3iZ
Notably, DeGods is introducing a range of innovative changes, including the incorporation of female PFPs that are swappable with their male counterparts.
Addressing community preferences, DeGods is committed to refining its NFTs by removing unwanted traits and introducing fresh ones that resonate with users.
The project aims to maintain the uniqueness and rarity of each NFT while offering a renewed sense of delight.
“Rarity, provenance, and innovation” are the guiding principles behind DeGods’ trait evolution, aiming to seamlessly integrate each new trait within the overarching design system.
OpenSea’s Data Unveils Remarkable Surge
The past 24 hours have witnessed a staggering resurgence on OpenSea, reaffirming DeGods’ significance within the NFT ecosystem.
At the time of writing, the trading volume has skyrocketed to an astounding 5,042 ETH, marking an incredible surge of over 1,022%.
This surge is further exemplified by an impressive total of 678 sales, representing a remarkable increase of 1,229%.
While the floor price has experienced a modest decrease to 6.789 ETH, a decrease of 24%, DeGods’ impact remains undeniable as it continues to captivate the NFT community.
A Showdown on Blur
In a parallel narrative, DeGods has made a massive impact on another prominent NFT marketplace, Blur.
A single wallet has dramatically altered the landscape by placing bids on over 100 DeGods.
This seismic move, comes with an estimated value exceeding $1,500,000.
A Discord from the DeGods seller on her reasons for selling. It will be interesting to see how long it takes the market to digest these.
— NFTstats.eth (@punk9059) August 10, 2023
Brokers in the community are upset and think they could have gotten better prices for her while creating less market panic. pic.twitter.com/hiRk4Vnk7I
No Dilution: A New Perspective
DeGods is tackling a common concern among NFT projects head-on: dilution.
Rather than adding additional tokens that may dilute the collection’s essence, DeGods is introducing a novel approach.
Each DeGod NFT will now be associated with four distinct pieces of generative art, enriching the NFT’s inherent value without compromising rarity.
The proactive move by DeGods to avoid dilution aligns with the project’s commitment to creating a seamless and immersive experience for its community of collectors.
DUST: The Path to Transformation
DeGods has introduced a thoughtful mechanism for its community to evolve alongside the collection.
To update their tokens, holders can invest 333 DUST ($539.46), the native utility token of DeGods.
This move not only encourages active participation but also contributes to the “Points Parlor” prize pool for Season III.
1. On Sunday, you will be able to update your DeGods to Season III for 333 $DUST.
— DeGods (@DeGodsNFT) August 10, 2023
100% of the $DUST collected will go to the Points Parlor prize pool.
Season III DeGods can use points to play & win prizes. pic.twitter.com/dzC5QdoWfw
The introduction of gameplay and rewards adds an interactive layer to the DeGods ecosystem, creating an engaging environment for all participants.
DeGods is also conscious of inclusivity, gradually reducing the token update cost over time to ensure accessibility for a wider audience.
Unification and Growth: Migrations and Partnerships
In April, DeGods, the largest Solana-based non-fungible token (NFT) collection by all-time sales volume, started its migration to the Ethereum blockchain.
Yesterday, its sister collection, y00ts, announced its migration to Ethereum, driven by the intention to unite the collections and foster a stronger community bond.
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