Projects from the Terra network have started to migrate to Polygon
Polygon CEO Ryan Wyatt said that more than 48 projects from the collapsed Terra network gradually began migrating to Ethereum’s Level 2 network Polygon (MATIC).
UPDATE: Terra projects have begun migration. Over 48 projects and counting… including @OnePlanet_NFT, an exclusive @0xPolygon marketplace, and @DerbyStars_HQ!— Ryan Wyatt (@Fwiz) July 8, 2022
It was so awesome to help and welcome all these wonderful developers to our thriving ecosystem!
Welcome! $MATIC https://t.co/5ypu1QdMBA pic.twitter.com/JcskdWGnZJ
The largest projects were the Play-to-Earn game Derby Stars and the NFT marketplace OnePlanet. The marketplace team also launched an Ark*One campaign aimed at helping other apps move from Terra to Polygon.
Polygon developers provided financial support for the migrants. Projects from Terra were assisted with capital and resources for the move. Forty-eight apps have joined the Ark*One program, all related to the sale and purchase of NFT.
48 Projects are landing on @0xPolygon with OnePlanet— OnePlanet ˡᵃⁿᵈⁱⁿᵍ ᵒⁿ ᴾᵒˡʸᵍᵒⁿ (@OnePlanet_NFT) July 8, 2022
Thanks to all the Ark*One partner projects and @polygonstudios, we are all moving together to rebuild and grow the NFT ecosystem #onPolygon
Read the full recap on Ark*One: https://t.co/lxTh6WVRJB pic.twitter.com/hnDtzmSA9S
OnePlanet developers said they will continue to help migrate to Polygon after the campaign ends. OnePlanet's full migration to another blockchain will take place in mid-August. This information is from site cryptodefix.com.