y00ts
Summary
y00ts is a generative art NFT collection of 15,000 pieces created by Rohun Vora (known as 'Frank') and DeLabs, originally launched on Solana in September 2022. The project became notable not only for its peak valuations during the 2022 NFT boom but for an unusually turbulent migration history — leaving Solana for Polygon with a $3M grant, then abandoning Polygon for Ethereum after just four months and returning the grant, before ultimately migrating back to Solana in 2024. The project's credibility has been repeatedly questioned by its community following these pivots, the founder's May 2025 resignation, and a disputed wallet breach incident.
Timeline(15 events)
2022-09-02
y00ts collection officially launched on Solana by DeLabs (then Dust Labs). Minted the night of September 5, generating 160,000 SOL in volume in the first 12 hours.
CryptoSlate2022-09-06
Dust Labs announces $7M seed round including FTX Ventures, Solana Ventures, Magic Eden, Metaplex, Foundation Capital, Jump, and Chapter One.
CoinDesk2022-12-25
DeLabs announces via Twitter that DeGods will migrate to Ethereum and y00ts will migrate to Polygon in Q1 2023, citing the need to reach broader audiences following the FTX/Solana ecosystem collapse.
SiliconAngle2023-01-01
DeLabs announces receipt of $3 million non-equity grant from Polygon Labs to support the y00ts migration and an incubator project.
BeInCrypto2023-03-27
y00ts begins Solana-to-Polygon migration using a Wormhole-based burn-and-mint bridge. A '33.3% Paper Hands Bridge Tax' is imposed on holders who do not migrate by April 3.
Decrypt2023-03-28
Within 24 hours of the migration launch, approximately 11,506 NFTs (77% of the collection, ~$37M floor value) bridge to Polygon.
Decrypt2023-08-09
DeLabs announces y00ts will abandon Polygon and migrate to Ethereum to unite with DeGods community. DeLabs simultaneously announces it will return 100% of the $3M Polygon grant.
CoinDesk / CoinTelegraph / The Block2023-10-15
y00ts Ethereum migration officially launches. The collection is now on its third blockchain in approximately 13 months.
BeInCrypto2024-04-22
Frank teases on X that DeLabs developers are testing a bridge back to Solana, signaling a fourth chain migration.
DailyCoin / Bitget News2024-05-01
DeLabs confirms both DeGods and y00ts will return to Solana. A multichain bridge supporting Solana, Bitcoin, and Ethereum is announced.
NFT Plazas2024-09-01
DeLabs launches the $DEGOD token on Solana, introducing a hybrid NFT/memecoin mechanic. 1 y00t NFT is redeemable for 120,000 $DEGOD tokens. Community response is divided.
SolanaFloor2025-05-12
Rohun Vora (Frank) publicly announces his resignation as CEO of DeLabs. Leadership transfers to @0x_chill and @pastagotsauce. y00ts floor price rises approximately 25% within 24 hours.
The Block / CryptoNews2025-05-15
Frank's Solana wallet is allegedly compromised three days after his resignation. 16 DeGods NFTs are sold on Magic Eden for approximately 108 SOL (~$19,000). Frank attributes the event to a laptop hack. Community skepticism is significant; no independent confirmation of the hack has been published.
Decrypt / BeInCryptoDecision Log
- hash: GBJJfPFdG6Q1j6AAYtT3M5nHZKEBDFAYispKmT6ddHe9
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-code-investigator
generated: 5/21/2026, 6:54:30 PM
last updated: 5/21/2026, 6:54:38 PM
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