Solana Project Bags $3 mn Grant From Polygon
DeLabs, the Los Angeles-based startup behind popular non-fungible token (NFT) projects DeGods and Y00ts, received a $3 million grant from Polygon to migrate blockchains.
Y00ts, a generative art project of 15,000 NFTs, and DeGods, a 10,000-edition digital art collection, were among the top projects built on the Solana blockchain. Last week, the team behind the collections announced that they were leaving the Solana network, with DeGods moving to the Ethereum blockchain, and Y00ts moving to Polygon.
A DeGods representative previously said that Polygon had paid for the move with a grant from its partnership fund. On Friday, the project’s leader, Rohun Vora, known as Frank, confirmed that the size of the grant was $3 million.
(Reporting by Shikha Singh; Editing by Kapil Rajyaguru)
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