DeGods NFT Sales SOAR 101% as Founder Frank DeGods Steps Down

Big news is shaking up the world of DeGods NFT. The creator, known online as Frank DeGods, has announced his departure as CEO, concluding a three-year journey at the helm of this prominent collection. This news arrives as the collection experiences a notable surge in market activity and NFT sales.

Frank DeGods Departs Amidst Rising Traction

Rohun Vora, the individual behind the Frank DeGods persona, confirmed he is stepping down as CEO of the DeGods project. After leading one of the most popular collections originating from the Solana network for three years, Vora is passing the torch to new leadership.

Addressing potential rumors surrounding his exit, Vora stated, “There are no investigations, because I have never done anything illegal. That’s the boring truth.” This suggests a planned transition rather than a forced departure.

The new leaders for DeGods have been named as the pseudonymous figures 0x_chill and Pastagotsauce. This leadership change occurs at a time when the DeGods collection is gaining renewed traction across multiple blockchains.

DeGods Sales See Significant Increase

The announcement coincides with a period of strong performance for DeGods NFT in the market. Data from CryptoSlam highlights a substantial increase in sales volume over the past week.

• On Solana: In the seven days leading up to May 12, DeGods on Solana recorded approximately $458,000 in sales volume. This represents a significant 101% increase compared to the previous week. Looking at the last 30 days, Solana-based DeGods generated $1.1 million in sales.
• On Ethereum: The collection also saw growth on Ethereum. Over the past week, DeGods on Ethereum recorded $104,000 in sales, marking a 156% growth from the prior seven days. The last 30 days show even stronger momentum, with over $250,000 in sales, a 323% increase in volume.

This dual-chain growth underscores the collection’s expanding reach and demand, impacting overall NFT sales figures for DeGods.

What’s Next for DeGods Under New Leadership?

Following the leadership transition, new project lead Pasta shared initial thoughts on the future direction. Plans include a tribute to the project’s three-year history, hinting at acknowledging its roots while signaling a strategic shift.

Pasta’s statement, “Our job isn’t to build crypto products. It’s to make DeGods as big as it can possibly be. That’s what you want. That’s what we want too. So that’s exactly what we’re gonna do,” suggests a focus on brand expansion and maximizing the collection’s potential, possibly moving beyond traditional crypto product development.

Broader NFT Market Update

The positive movement for DeGods is part of a wider trend in the digital collectibles space. The overall NFT market update shows increased activity.

Across the market, NFT sales volume increased by 17% in the seven days leading up to May 12, totaling over $120 million, according to CryptoSlam data. This indicates a general uptick in interest and transactions within the NFT ecosystem.

The performance of prominent collections like DeGods on key networks like Solana NFTs and Ethereum NFTs contributes significantly to these broader market trends.

Summary

The DeGods NFT project is entering a new era with the departure of its founder, Frank DeGods, and the appointment of new leaders. This transition occurs as the collection experiences substantial growth in sales volume on both Solana and Ethereum. The new leadership team is signaling a focus on expanding the DeGods brand’s reach and potential. This internal change aligns with a recent positive trend observed across the broader NFT market, suggesting renewed interest and activity in digital collectibles.