Y00ts

Ownership and Customization

One of the standout features of Yoots is its trait marketplace, the y00ts st0re, where users can submit and purchase custom traits for their NFTs. This marketplace operates under strict criteria to maintain consistency and quality within the collection. Traits must adhere to the original metadata tags and quality standards set by the Yoots team, fostering a collaborative and high-quality community environment.

Migration to Polygon

In a strategic move, Yoots announced its migration from Solana to the Polygon network in December 2022. This migration was incentivized by a $3 million grant from Polygon, aimed at supporting the project’s growth and development. The migration process was designed to be seamless for holders, preserving the integrity and value of the NFTs while leveraging Polygon’s scalability and lower transaction costs.

Usage and Applications

Yoots serves as both a collectible and a utility within the NFT space. Its integration with the $DUST token, which can be earned through staking DeGods NFTs or purchased on decentralized exchanges, adds a layer of economic interaction and engagement within the ecosystem. The project’s governance and customization features provide additional use cases, making Yoots a versatile and valuable asset in the NFT community.

Governance Token: $DUST

The $DUST token plays a crucial role in the Yoots ecosystem. It is used for minting NFTs, purchasing traits in the y00ts st0re, and participating in various community-driven activities. The tokenomics of $DUST are designed to incentivize long-term holding and active participation, reinforcing the community-centric approach of the Yoots project.

Notable Events

• July 2022: Rebranding from Duppies to Yoots following strategic adjustments and a Twitter hack.
• September 2022: Official launch of the Yoots collection on Solana, with a mint price of 375 $DUST.
• December 2022: Announcement of the migration to Polygon, backed by a $3 million grant from Polygon.