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Cryptocurrency News Articles

The creator of the non-fungible token (NFT) collection DeGods announced that he has stepped down as the CEO of the project

May 12, 2025 at 08:23 pm

NFT Collection Creator Rohun Vora Steps Down as CEO Amid Uptick in Sales

Rohun Vora, the creator of the non-fungible token (NFT) collection DeGods, has stepped down as the project’s CEO amid an uptick in sales for the Solana-based collection.

Rohun Vora, the creator of the non-fungible token (NFT) collection DeGods, has stepped down as the project’s CEO amid an uptick in sales for the Solana-based collection.

Announcing his departure on X, Vora, known online as Frank DeGods, said he has decided to step back from his role leading one of the most popular Solana-based NFT collections.

Announcing his departure on X, Vora, known online as Frank DeGods, said he has decided to step back from his role leading one of the most popular Solana-based NFT collections.

He identified pseudonymous figures 0x_chill and Pastagotsauce as the new leaders of DeGods.

He identified pseudonymous figures 0x_chill and Pastagotsauce as the new leaders of DeGods.

“There are no investigations, because I have never done anything illegal. That’s the boring truth,” Vora added, addressing speculation about his departure.

“There are no investigations, because I have never done anything illegal. That’s the boring truth,” Vora added, addressing speculation about his departure.

The announcement came as the NFT collection started gaining traction on the Ethereum and Solana blockchains.

The announcement came as the NFT collection started gaining traction on the Ethereum and Solana blockchains.

DeGods’ sales are up 101% on Solana

Data tracker CryptoSlam shows that in the last seven days, DeGods NFTs have seen a significant increase in sales.

Data tracker CryptoSlam shows that in the last seven days, DeGods NFTs have seen a significant increase in sales.

On Friday, May 12, DeGods on Solana recorded a sales volume of around $458,000, a 101% increase over the previous week. In the last 30 days, the collection had a sales volume of $1.1 million for its NFTs based on the Solana network.

On Friday, May 12, DeGods on Solana recorded a sales volume of around $458,000, a 101% increase over the previous week. In the last 30 days, the collection had a sales volume of $1.1 million for its NFTs based on the Solana network.

On Ethereum, the DeGods collection recorded $104,000 in sales for the past week, a 156% growth over the previous seven days. In the last 30 days, the collection recorded over $250,000 in sales, a 323% increase in sales volumes.

On Ethereum, the DeGods collection recorded $104,000 in sales for the past week, a 156% growth over the previous seven days. In the last 30 days, the collection recorded over $250,000 in sales, a 323% increase in sales volumes.

The sales increase came as the NFT collection prepares for a new chapter with the departure of its founder and the promotion of 0x_chill and Pastagotsauce to co-CEOs.

Following the announcement, new DeGods project lead Pasta shared plans to release a tribute to the project’s three-year history and teased a shift in strategy.

“We’re also changing our strategy. Not drastically. But we are changing it. 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,” Pasta wrote.

“We’re also changing our strategy. Not drastically. But we are changing it. 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,” Pasta wrote.

Related: Doodles NFT sales surge 97% ahead of DOOD token airdrop

NFT sales are up by 17% in the last seven days

Meanwhile, the broader NFT market has also gained traction in the last seven days. CryptoSlam data shows that from May 6 to 12, NFTs recorded a sales volume of over $120 million, a 17% increase over the previous week.

Meanwhile, the broader NFT market has also gained traction in the last seven days. CryptoSlam data shows that from May 6 to 12, NFTs recorded a sales volume of over $120 million, a 17% increase over the previous week.

The increase in sales comes amid a market downturn and several high-profile NFT projects winding down.

The increase in sales comes amid a market downturn and several high-profile NFT projects winding down.

Earlier this week, the Bored Ape Yacht Club (BAYC) announced that it will be shutting down its metaverse game.

Earlier this week, the Bored Ape Yacht Club (BAYC) announced that it will be shutting down its metaverse game.

Despite the market downturn, some NFT projects have started gaining traction in the last seven days.

Despite the market downturn, some NFT projects have started gaining traction in the last seven days.

As of press time, DeGods NFTs on Solana had a floor price of 2.48 ETH (about $4,527), while on Ethereum, the collection’s floor price stands at 0.18 ETH (about $329).

As of press time, DeGods NFTs on Solana had a floor price of 2.48 ETH (about $4,527), while on Ethereum, the collection’s floor price stands at 0.18 ETH (about $329).

As of press time, DeGods NFTs on Solana had a floor price of 2.48 ETH (about $4,527), while on Ethereum, the collection’s floor price stands at 0.18 ETH (about $329).

Original source:cointelegraph

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Other articles published on Aug 05, 2025