Bored Ape Whale Buys 69 DeGods NFTs

A Bored Ape whale, who goes under the pseudonym "Pokeee.eth" on Twitter, just spent ~$900k on 69 DeGods NFTs. DeGods is a dominant NFT project on Solana, with all-time sales of over $135M, according to CryptoSlam data.

That said, what makes a DeGods NFT such a prized asset? And why did the NFT collector spend BIG on the project?

Source: DeGods

What is DeGods?

DeGods claims to be the "#1 NFT community on Solana". These NFTs are NOT a derivative of the Bored Ape Yacht Club (BAYC). Instead, this collection is works of original art.

These non-fungible tokens are held by many prominent members in the crypto space, including Anatoly Yakovenko and Raj Gokal (Co-founders of Solana), Ice Cube (an American rapper), and Sidney Zhang (Co-founder and CTO of Magic Eden).

At the time of writing, there are 3,540 holders of the digital art collection – North Korea is the only country that does not have a DeGods holder. With more than $135M in sales to date, it is not surprising that the DeDAO (The project's DAO) bought a basketball team on 28 April, 2022 – the Big3 team, Killer 3s, for $625,000! A first in NFT history.

Source: DeGods

Holders of the non-fungible token earn in $DUST, the native token of the DUST Protocol, based on Solana. Currently, the cheapest DeGods NFT available on the open market is worth 517.78 SOL. The piece of art goes by the name "DeGod 4640".

The most expensive sale to date was made as recently as 18 hours ago, for $17,657.76 – DeGod #9001. There's more information about the project on the website.

Why did Pokeee.eth buy 69 DeGods NFTs?!?

On 13 January, 2023, Pokeee.eth promised to purchase 69 of the digital art tokens if the below post received more than 1,000 likes. The digital art collector's move was in support of the project's impending move to Ethereum. The post has received nearly 3,000 likes, and Pokeee.eth is a man of his word.

Source: Twitter

On 16 January, 2023, Pokeee.eth tweeted a video showing his floor sweep (purchase at floor price) of 69 of the NFTs for around $900k, through the Magic Eden marketplace.

Source: Twitter

Notably, the NFT collector owns three BAYC NFTs as well – BAYC #7816, #6587, and #7369.