Seoul, South Korea
OnePlanet, an NFT market previously primarily based on Terra, has accomplished its deliberate migration to Polygon.
Over 60 Terra-based NFT collections will likely be migrated to the Polygon sidechain community, giving them a brand new residence after the unique Terra blockchain collapsed in Could. OnePlanet had instantly secured a brand new partnership with Polygon Studios, which supplied technical and monetary assist via a Terra Developer Fund initiative.
After the mandatory preparations, which included rewriting the unique code to make it EVM appropriate, OnePlanet is now able to facilitate the merging of the wealthy Terra NFT ecosystem with Polygon, one of many market leaders for gaming and NFTs.
The Polygon deployment will likely be launched in Beta mode on Sep 6. Current Terra NFT assortment holders will be capable of seamlessly migrate to Polygon and proceed managing them in a brand new atmosphere.
OnePlanet launched in January 2022 and quickly grew to grow to be the highest NFT market and launchpad on the Terra blockchain. It has acquired a strategic funding from Hashed, Animoca Manufacturers, Galaxy Interactive, and plenty of extra.
OnePlanet offers extremely curated NFT collections and gives distinct companies corresponding to gamified dwell auctions and “Forge Protocols” so as to add utility to NFTs. These options, mixed in a high- high quality market and launchpad bundle, allowed OnePlanet to grow to be the main NFT market on Terra. Now, it goals to repeat its success on Polygon.
OnePlanet has performed vital work to hook up with the Polygon group. It’s sustaining a cooperative relationship with Derby Stars, a P2E blockchain-based gaming challenge migrating from the Terra chain. On the similar time, it shaped new partnerships with DAVA, The Mars, TRACER and one other 20+ Polygon-based NFT/Recreation/Metaverse tasks, which will likely be quickly accessible on its market.
“We’re placing our greatest effort into sorting and gathering superb NFT tasks to grow to be the NFT market that represents Polygon,” mentioned Pryce Cho, CEO of OnePlanet. As quite a few NFT, Gaming, Metaverse tasks are making ready to launch on Polygon, OnePlanet is introducing plenty of companies to take their NFT utilities additional.”
For example, we are going to allow the transactions of some NFT collections with ERC-20 tokens issued from their tasks.
OnePlanet is a Polygon-based NFT market, the place holders can outline and broaden the utilities of their NFTs. Beginning as a market to commerce NFTs, OnePlanet additionally offers Social options to allow significant communication between holders and Technical infrastructure to speed up a challenge’s improvement.
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