No official statement has been made as to why the accounts were initially suspended or why they were subsequently reinstated.
Nonfungible tokens, or NFTs, were prohibited from the Solana (SOL) ecosystem on Wednesday, ahead of the release of y00ts NFT collection, a follow-up to DeGods, Solana’s most popular NFT collection. Austin Federa, communications director at the Solana Foundation, commented:
As of 12:00 pm EST, the said accounts have been reinstated and are accessible. The founder of DeGods, @frankdegods, initiated a campaign seeking the restoration of the previously banned accounts, which gained over 20,700 likes for a single post. Federa also said, ‘
The DeGods collection comprises 10,000 “virtual god” collecti”Hey Twitter, bring back @y00tlist; I’ve paused all Foundation adspend until they’re back. Twitter’s gotta reinstate em, or show solid cause for suspension.”bles with creative outfits. The collection’s floor price is 519 SOL at present. Because the project is well-known for its “tax”, which is a 33.3% tariff applied to all NFT collectibles sold below the advertised floor price, it has recently generated over 1 million SOL in trading volume. According to the founders, there is a DeGod collectible owner in every country except North Korea.
“Hey Twitter, bring back @y00tlist; I’ve paused all Foundation adspend until they’re back. Twitter’s gotta reinstate em, or show solid cause for suspension.”
The DeGods project includes 10,000 virtual gods with special outfits. At present, the base price of the collection is 519 SOL. The project is renowned for its notorious ‘tax’—a 33.3% levy on all NFT tokens sold below the advertised price. The amount of SOL traded recently exceeded 1 million. Its creators say that there is a DeGod token owner in every country except North Korea.
I’ll have to ask for help from the most powerful man in the industry. Head of comms at the solana foundation, @Austin_Federa
— toly 🇺🇸 (@aeyakovenko) August 31, 2022