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Cryptocurrency News Articles
DeGods NFT creator Rohun Vora steps down as CEO of the project
May 13, 2025 at 02:00 am
On Monday, Vora took to X to announce his stepping down, ending his three-year tenure at the NFT company.
DeGods NFT creator Rohun Vora has stepped down as CEO of the project even as sales surged on various blockchains.
Vora announced his departure on Monday on X, bringing to an end his three-year tenure at the NFT company.
“Today is my last day as CEO of DeGods. My chapter is closing, but the story isn’t over. @0x_chill & Pastagotsauce will be taking over,” he wrote.
Vora also took the opportunity to clear the rumor that he was stepping down due to being pursued by the authorities or that he was currently under any active investigations.
According to him, he has never done anything illegal in his entire life, adding that it was a “boring truth” of his life.
He, however, did not give a clear reason for his resignation, only suggesting that maintaining the “Frank DeGods” brand may have been holding his project back.
He also acknowledged that the hate and criticism he received were sometimes overdone, but he understood that people were only trying to protect the industry they love.
However, his resignation comes at a time when the NFT collection saw a rise in sales on Ethereum and Solana (CRYPTO:SOL) blockchains.
According to data tracker CryptoSlam, DeGods had a sales volume of about $458,000 on Solana on May 12, representing a 101% surge from the previous week. The NFT collection summed up roughly $1.1 million in sales volume on Solana in the last 30 days.
DeGods Collection also saw its sales volume rise by over 156% in the last week on Ethereum and a 323% jump in the last 30 days to more than $250000.
Overall, the broader NFT market has also seen an uptick in sales, recording over $120 million in sales volume from May 6 to May 12.
Meanwhile, Pasta, the new lead at DeGods, has hinted at a change in strategy when running the collection. He announced that they aim not to build crypto products but to grow DeGods as they possibly can.
According to him, they will be focusing on making DeGods bigger and that they will be releasing a tribute to the project’s three-year history.
Vora and other Cabal influencers distance themselves from some crypto projects
Vora has long been a crypto influencer linked with the “LA Vape Cabal,” commonly known for promoting meme coins and other blockchain projects.
At times, Vora and his fellow Cabal influencers have had to distance themselves from controversial crypto projects once trouble stirred. One such instance involved the LIBRA token, which President Javier Milei had previously endorsed. After the crypto community accused the project of insider trading, Vora and influencers Faze Banks (Richard Bengtson) and Threadguy (Michael Jerome) publicly denied affiliation with the token.
Similarly, Cabal influencers stepped back from the Hawk Tuah token launch.
Since all these scandals, most of these influencers have kept a low profile; even Vora commented, “It’s been fun. Time to finally hit the gym. Thanks for everything.”
While Vora will no longer be CEO, he will still be supporting the project creatively and in an advisory role. The DeLabs team, which also launched the popular y00ts collection, has yet to name a successor.
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