DeGods NFT Project CEO Rohun Vora Steps Down—Next Stop, ’Strategic Advisor’ or Beachfront Crypto Retirement?
DeGods just lost its captain—Rohun Vora (aka Frank III) exits the CEO role, leaving the blue-chip NFT project navigating uncharted waters. Was it the bear market grind, or just another crypto founder cashing out before the next hype cycle?
Subheader: From Floor Prices to Power Moves
Vora’s departure follows DeGods’ controversial migration from Solana to Ethereum—a move that either ’future-proofed’ the collection or alienated its OG holders (depending on which degenerate gambler you ask).
Subheader: The Web3 Leadership Shuffle Continues
Another day, another crypto founder trading operational headaches for an advisory title. At least this one didn’t rug-pull—though with NFT royalties drying up, the timing does smell like a VC-backed exit before the music stops.
Closing jab: Nothing boosts a project’s ’decentralization cred’ like watching its founder bail to ’focus on the bigger picture’—usually from a yacht purchased with early investor funds.
Frank DeGods Insists He Faced No Legal Issues and Isn’t on the Run
He admitted that the project’s fixation on his “frank degods” persona may have become a roadblock. He noted at times “the hate was overdone” but understood its appeal as click-driven criticism. He further clarified that he committed no unlawful acts and affirmed that he is not evading any investigations.
today is my last day as ceo of degods.
my chapter is closing, but the story isn’t over. @0x_chill & @pastagotsauce will be taking over.
Although Vora offered no formal explanation for stepping down, his comments suggest a mix of personal reflection and community pressures. He expressed pride in the work achieved and Optimism that a fresh perspective could drive DeGods forward without the distractions surrounding his own reputation.
Series of Technical and Artistic Stumbles Precede CEO Exit
The move follows a series of high-profile setbacks. In 2023 Vora oversaw the ill-fated migration of DeGods from Solana to ethereum after Solana’s downturn post-FTX collapse. Moreover an overhyped Season 3 release later that year disappointed collectors with lackluster artwork and triggered a sharp drop in the project’s floor price.
Meanwhile DeLabs, the studio behind DeGods, merged with Dust Labs in Feb. 2024 and saw co-founder Kevin Henrikson, also known as Kevin DeGods, depart around the same time. Observers interpreted those changes as a bid to streamline operations and redefine the roadmap after the project’s rocky transition.
Subsequently, the launch of the DEGOD token in Sept. 2024 aimed to simplify the ecosystem but met mixed reactions from holders. Community debate over governance and tokenomics continued to swirl into early 2025, adding to the challenges faced by the founding team.
Vora hinted at new ventures beyond the NFT space, possibly in artificial intelligence, and welcomed the opportunity to pursue fresh interests. His departure ushers in a new chapter for DeGods under undisclosed leadership.
