Quickly Dumping Networks to Migrate to Terra Projects Polygons

The non-fungible token (NFT) and crypto projects that were previously on Terra, the Ethereum Layer 2 protocol, have started to migrate to Polygon. According to Ryan Wyatt, CEO of Polygon Studios, over 48 crypto and NFT projects have started to migrate from Terra to Polygon, with some notable projects underway including popular NFT marketplace OnePlanet and the metaverse game Derby Stars. Wyatt shared the news in a tweet, welcoming the new projects, saying, “It was great to help and welcome all these amazing developers to our thriving ecosystem!”

The information was an update to his May 16 tweet, where he announced that Polygon was working with different Earth Project to help with rapid migration to the Ethereum Layer 2 protocol. At the time, the CEO said it would invest capital and resources into movements to welcome developers and their communities.

With over 48 projects on board, polygon Still looking forward to adjusting more.

“We are opening our arms to everyone who wants to come. One lesson learned at Terra Fall is that it is very wise to be on an EVM-compatible chain so you don’t have to rebuild, so I hope developers go wherever they go. They keep EVMs in mind for longevity,” Wyatt said.

OnePlanet, one of the new projects migrated from the Terra ecosystem, has developed a . I talked about migration blog post, NFT Marketplace stated that “the sudden collapse of the Terra ecosystem left innovative NFT projects and their communities in the rubble.” OnePlanet notes that it built its own version of Noah’s Ark to protect Terra’s “growing NFT diversity” and move it to a new home.

Polygon and OnePlanet working As with many NFT firms that choose to leave Terra through their initiative called ArkOne. However, from 15 JuneArkiOne has reduced the support it provides to ambitious projects, but the team says it will “still provide technical support for projects that want to migrate from Terra” and projects using its launchpad. Will allow you to launch on polygons.