DeGods: The Complete 2024 Guide to the Solana NFT Collection

Since minting on Solana in 2021, thanks to its transparent leadership, culture-focused direction and community-first mantra, it's quickly become one of the most widely-known and well-liked NFT collections amongst blockchain enthusiasts

DeGods is a collection of 10,000 unique avatar NFTs, originally minted on Solana in October 2021. Each DeGod has a mix of traits; from backgrounds and hairstyles to clothing, eyewear and other accessories.

The collection is a product of DeLabs, a company with three main figures; Frank DeGods (Rohun Vora), Kevin DeGods (Kevin Henrikson), and Finn DeGods – who announced his departure in August 2023. DeLabs also created the y00ts NFT collection in November 2022, and continues to manage both collections to this day.

As of today, DeGods exist on all three leading NFT blockchains: Solana, Ethereum and Bitcoin, and holders continue to benefit from an expanding list of features and utility, including conversions into DeadGods NFTs (using $DUST), access to DeDAO, and – most recently – interactions with the $DEGOD token.

Here’s a complete history of DeGods.

DeGods were minted on October 8, 2021, priced at 3 SOL. A combination of demand and technical issues saw all 10,000 NFTs sell out in 7 seconds.

To mitigate an anticipated decline of floor prices, DeGods instituted the “Paper Hands Bitch Tax”, a 33.3% tax on anyone who listed their DeGods below the floor price. Any funds collected from this tax were used to buy and burn DeGods NFTs, reducing the overall supply.

By the time the Paper Hands Bitch Tax was halted on January 1, 2022, the total supply had been reduced to 9,465 – but that was just the start of the innovative moves made by the collection.

In January 2022, DeGods introduced the $DUST token – and with it, the DeadGods. Holders could stake their DeGods to earn $DUST, which could then be used to upgrade their DeGods into DeadGods at the cost of 1,000 $DUST. This revitalized interest, and addressed aesthetic issues with DeGods.

April 2022 saw DeDAO decide to purchase Big3 Basketball team Killer 3’s for $625,000 USD, giving DeGods its first mainstream exposure, and giving holders options to benefit from the IP and licensing rights of the team – as well as opportunities to purchase ownership stakes in the form of NFTs.

December 2022 saw DeGods announce plans to move from Solana to Ethereum, completed in March 2023 – but not before the previously burned 535 DeGods made their return as Bitcoin Ordinals in February 2023.

The chain-hopping wouldn’t stop there, as in May 2024, DeGods made the shock move to migrate both DeGods and y00ts (which had spent the last year on Polygon) back to Solana, with a bridge now supporting the existence of DeGods on Solana, Bitcoin and Ethereum.

September 2024 saw DeGods release the $DEGOD token – but as with all things DeGods, they took a unique approach. Holders are able to

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