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Dust Labs, the digital asset incubation studio, has unveiled a renewed roadmap for its DeGods and Y00ts non-fungible token projects. The bullish announcement has pushed the trading sales volume for both DeGods and Y00ts NFT collections to spike more than 80% in just hours.
Dust Labs Unveils A New NFT Roadmap
In a November 28 blog post, Frank DeGods, a renowned crypto entrepreneur and the founder of Dust Labs, shared a renewed roadmap for his DeGods and Y00ts NFT projects. Frank DeGods is also a visionary artist and entrepreneur who has significantly impacted the world of NFTs with his two NFTs collections. In this article, we shall assess in-depth what the new roadmap entails.
Frank DeGods has started sharing roadmap updates for "Clarify."
So far he's announced:
-New art for DeGods (v3.33)
-1/1 DeGods for any female holder (scrapping DeGoddesses)
-New art for y00ts dubbed "y00ts 2: the cost of perfection"
-The end of Points Parlor, with a 100 y00ts… pic.twitter.com/PbwCPzMq87— TylerD 🧙♂️ (@Tyler_Did_It) November 28, 2023
Established in 2022, Frank DeGods’ Dust Labs is a digital asset firm that builds software for web3 communities, starting with non-fungible tokens and related projects. The tech firm is renowned for building the top two acclaimed NFT collections on Ethereum, DeGods, and y00ts.
DeGods is a collection of 10,000 profile picture NFTs featuring godly characters with modern streetwear and ancient deity-inspired art, while y00ts is a generative art project that features a limited set of 15,000 non-fungible token collections. What plans does Frank have for the two NFT collections? Let’s dive into the roadmap:
1. Dust Labs Ends Point Parlor Initiative
In a press release, Frank has clamped down on the Point Parlor Initiative, citing that it has failed to meet community expectations, leading to massive dissatisfaction. Launched in August, the Point Parlor was a novel point system and gamified business model that aimed at incentivizing users to form NFT projects.
Yes, we are ending points across all DeGods & y00ts.
This is one of the most difficult decisions we've ever had to make, but it's a poorly designed system that we should have killed a long time ago. pic.twitter.com/spdlCMaA6Y
— Frank (33.3%) (@frankdegods) November 28, 2023
Point Parlor Initiative was established to foster community engagements and enhance DeGod’s brand visibility and awareness. The NFT program allowed participants to use their loyalty points earned through holding a DeGods or y00ts NFT collection to win rewards.
Unfortunately, according to Frank, the initiative has failed to deliver the expected results, proving fundamental flaws in the whole program and at the product level. Frank has promised to revisit a similar approach in the future. Frank has maintained that the Point Parlor shutter will benefit the NFT community in the long run.
2. Dust Labs Launches DeGods Season 3.33
Dust Labs has also rebranded its DeGods and Y00ts NFT collection. The rebrand, dubbed DeGods Season 3.33, has received inspiration from 1960s pop art icons like Roy Lichtenstein and classic American comic book illustrators. To avoid market dilution, NFT holders will only use their old DeGods and Y00ts NFT collection to mint the new season 3.33 NFT collections.
We heard your feedback. Let's start with the art.
Here's a preview from DeGods Season 3.33 pic.twitter.com/YFRg2Qm2UI
— Frank (33.3%) (@frankdegods) November 27, 2023
Moreover, the digital asset creator has inscribed the newly rebranded NFT collection on the Bitcoin blockchain network under Bitcoin block #776408, which is owned by DeGods. DeGods and Y00ts NFT holders in that contest can mint the newly rebranded DeGods season 3.33 NFTs as ordinals.
Bitcoin Block #776408 is owned by BTC DeGods.
A 535 piece collection fully inscribed on a single block.
It had never occurred before BTC DeGods. And it will never be repeated. pic.twitter.com/QGgrtIq1fD
— Frank (33.3%) (@frankdegods) November 28, 2023
3. Dust Labs Announced Plans To Launch deToX
DeGods’ creator has announced ready plans to launch a new social media mobile application. The now highly awaited mobile app dubbed deToX aims to help DeGods, Y00ts NFT creators, and crypto enthusiasts create the best content on X, formerly Twitter. The new app will allow users to like, repost, and follow on X natively from deTox.
Our newest app deToX curates the best content from DeGods and y00ts creators on 𝕏.
You can like, repost, and follow on 𝕏 natively from deToX.
Launching this week. pic.twitter.com/UB0vXA3eaw
— Frank (33.3%) (@frankdegods) November 28, 2023
4. Dust Labs Introduces Presidents For DeGods And Y00ts
Before summarizing his digital asset firm’s update, Frank DeGods has announced the launching of the positions for DeGods and Y00ts Presidents. According to Frank, the President for DeGods or Y00ts will have access to the DeGods X account and can appoint his preferred cabinet members.
What would you do as the President of DeGods or y00ts?
Rules:
• You have access to post from the X account.
• You do not have a budget.
• You can appoint a cabinet. pic.twitter.com/luDsNABnR3— Frank (33.3%) (@frankdegods) November 28, 2023
DeGods And Y00ts NFTs Pump +80% In Sales Volume
DeGods NFT collection has reacted shortly to the recent series of announcements. In the past 24 hours, the DeGods NFT collection has recorded a trading sales volume of $763,643. DeGod’s NFT sales are 181% today compared to the previous day. DeGod’s transaction has raised 207% in just hours.
Source: CryptoSlam.io, DeGods NFT Trading Activity
On the other hand, the Y00t NFT collection has also reacted significantly to the recent bullish news, pumping 87% in the past 24 hours. Data compiled by CryptoSlam.io, an on-chain data aggregator, shows that Y00ts has amassed a trading sales volume of $226,389. DeGods, Y00ts, and other NFTs rallying today have increased the global NFT sales volume by 21% from the previous day.
Source: CryptoSlam.io, y00ts NFT Trading Activity
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