Rohun Vora, better known as “Frank DeGods,” announced on Monday that he is stepping down from his role leading the DeGods and y00ts NFT projects. The move ends a three-year run that saw the collections rise to prominence in Web3 culture.
In a post on X, Vora said he’s passing leadership to @0x_chill and @pastagotsauce, both trusted community figures.
“I dedicated 3 years of sleepless nights trying to make DeGods & y00ts a success. I’m proud of the work I did,” Vora wrote.
“I’m excited to hand the reins to the team and watch them cook.”
Vora’s bold marketing tactics and immersive community branding helped elevate the projects beyond traditional NFT aesthetics, solidifying his place as one of the space’s most recognizable creators.
DeGods and y00ts Rebound Across Multiple Blockchains
DeGods and y00ts have seen a notable market rebound in recent days, driven by multichain expansion and renewed interest following Vora’s resignation.
The collections started on Solana before migrating to Ethereum in 2023 after a brief stint on Polygon. Dust Labs, the parent company, returned a $3 million grant from Polygon during the transition. Most recently, the collections launched NFT inscriptions on the Bitcoin network.
As of May 13, DeGods has a market cap of 4,980 ETH (approx. $12.5M) with a 0.554 ETH floor price. y00ts boasts a higher market cap of $64.6M and a floor price of $5,220.
Trading activity has surged: DeGods’ volume on Solana jumped over 567% in 24 hours, with Ethereum volume climbing 456%—suggesting strong investor confidence despite recent challenges.
Vora Departs Amid Memecoin and Wallet Controversies
Vora’s departure also closes a chapter marked by controversy and community tension. In his resignation post, he hinted that the public scrutiny surrounding his identity may have hindered the projects.
“Maybe we’ll look back at this fixation on ‘Frank DeGods’ as the thing that was holding us back,” he wrote. He added,
“There are no investigations, because I have never done anything.”
Still, his recent activity drew criticism. In early 2024, Vora was tied to several influencer-driven memecoin promotions, including the so-called “LA Vape Cabal.” He initially admitted to receiving insider information but walked back the claim after backlash.
Vora also retired his public wallet—alleged to have earned $4.4 million—after being accused of front-running token launches like the LIBRA memecoin and one tied to the “Hawk Tuah” meme. Community members criticized his lack of transparency, especially around the BTC DeGods initiative, which raised 176 BTC without a clear roadmap.
His public criticism of the Solana NFT community further strained relationships with early supporters, making his exit a possible reset point for the DeGods brand.
Quick Facts
- Frank DeGods steps down from DeGods and y00ts leadership.
- Leadership handed to community members @0x_chill and @pastagotsauce.
- Projects span Solana, Ethereum, and now Bitcoin NFTs.
- Vora faced criticism over memecoins and wallet activity.
- DeGods and y00ts trading volumes surged after announcement.
