Dust Labs Unveils New Roadmap for NFT Projects
Dust Labs, the digital asset incubation studio, has recently announced a new roadmap for its DeGods and Y00ts non-fungible token (NFT) projects. This exciting news has led to an 80% increase in trading sales volume for both collections in just a few hours.
Introducing Dust Labs
Established in 2022, Dust Labs is a renowned digital asset firm founded by Frank DeGods. The company specializes in building software for web3 communities, with a focus on NFTs and related projects. Dust Labs is responsible for creating two highly acclaimed NFT collections on the Ethereum blockchain: DeGods and Y00ts.
1. Dust Labs Ends Point Parlor Initiative
In response to community dissatisfaction, Dust Labs has decided to terminate its Point Parlor Initiative. This initiative aimed to incentivize users to participate in NFT projects through a point system and gamified business model. However, it did not meet expectations, leading to its closure. Dust Labs plans to explore alternative approaches in the future.
2. Dust Labs Launches DeGods Season 3.33
Dust Labs has rebranded its DeGods and Y00ts NFT collections under the name “DeGods Season 3.33.” Inspired by 1960s pop art icons and classic American comic book illustrators, this new season offers a fresh artistic direction. Existing DeGods and Y00ts NFT holders can use their old tokens to mint the new season’s NFTs.
3. Dust Labs Announces deToX Mobile App
Dust Labs is set to release a new social media mobile application called deToX. This app aims to facilitate content creation for DeGods, Y00ts NFT creators, and crypto enthusiasts on X (formerly Twitter). Users will be able to engage with X natively from the deToX app, including liking, reposting, and following.
4. Dust Labs Introduces Presidents for DeGods and Y00ts
To enhance community engagement, Dust Labs has introduced the positions of President for DeGods and Y00ts. The appointed presidents will have access to the DeGods X account and the authority to appoint their preferred cabinet members.
DeGods and Y00ts NFTs Experience Surge in Sales Volume
Following these announcements, both the DeGods and Y00ts NFT collections have seen a significant increase in trading sales volume. In the past 24 hours, DeGods recorded a sales volume of $763,643, with a 181% increase compared to the previous day. Similarly, Y00ts experienced an 87% surge in sales volume, reaching $226,389. These figures contribute to a 21% overall increase in global NFT sales volume.
Hot Take: Dust Labs Sets New Course for NFT Projects
Dust Labs’ latest roadmap reveals its commitment to enhancing the NFT experience for its users. By addressing community concerns, introducing fresh art direction, launching a dedicated mobile app, and empowering community leaders, Dust Labs is shaping the future of NFT projects. The surge in sales volume demonstrates the market’s positive response to these initiatives. With continued innovation and community involvement, Dust Labs is poised to make further waves in the NFT space.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.