As they move toward Ethereum, the DeGods announce a unique partnership with Blur, the top NFT digital market. The DeGods are switching to Ethereum at a time when the cryptocurrency market is coming back to life and prices are soaring.
The ETH DeGods: what they are
DeGods, one of the most popular NFT collectors, has started moving to the Ethereum blockchain. If a user moves within the first 24 hours, they will also get their ETH gas costs back. Migrations can take anywhere from a few minutes to a few hours to finish. Users can also speed up the process by adding more money to their gas bills.
People who move in the first 24 hours are also given a chance to win 1 Bitcoin DeGod. DeGods on Ethereum will charge a royalty fee of 0.33% on every market. You can also buy and sell them on the Blur io and Opensea NFT markets.
The migration process can be tracked on the migration website. Users should use the Phantom multi-chain wallet and be on the lookout for insider Twitter attacks.
How is the environment helped by DeGods On Blur?
A crypto expert named Sammy.ETH (@S4mmyEth) thinks that the collaboration between Blur and DeGods could make more people use NFTs. Blur has been criticized for doing “airdrop farming,” which has made the daily bidding pool less liquid. Now that DeGods is on board, Blur can use their knowledge to make a better decision-making tool that helps creators and puts all the important news, statistics, and information in one place.
Blur’s platform is better because it involves its users, aligns incentives, and has a decentralized focus. With the help of the DeGods appeal, it can also bring in new participants. Even though this alliance might not lead to big changes right away, it does encourage more NFT industry cooperation, which is important for progress.
The focus should be on how Blur encourages liquidity for an asset class that doesn’t have much of it, and committees will need to figure out how to handle this. It would be good to have incentives that change based on how deep the market is. Overall, the alliance can make the market for NFTs better as a whole.
Content Source: Nftevening.com