September 6, 2022 – Seoul, South Korea
OnePlanet, an NFT market previously based mostly on Terra, has accomplished its deliberate migration to Polygon.
Over 60 Terra-based NFT collections can 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 offered technical and monetary help by way of a Terra Developer Fund initiative.
After the required preparations, which included rewriting the unique code to make it EVM-compatible, 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 can be launched in beta mode on September 6, 2022. Present Terra NFT assortment holders will be capable to seamlessly migrate to Polygon and proceed managing them in a brand new setting.
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 strategic funding from Hashed, Animoca Manufacturers, Galaxy Interactive and lots of extra.
OnePlanet supplies extremely curated NFT collections and provides distinct companies resembling gamified dwell auctions and ‘forge protocols’ so as to add utility to NFTs. These options, mixed in a 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 completed vital work to hook up with the Polygon group. It’s sustaining a cooperative relationship with Derby Stars, a P2E blockchain-based gaming mission migrating from the Terra chain. On the similar time, it fashioned new partnerships with DAVA, The Mars, TRACER and one other over twenty Polygon-based NFT/sport/metaverse initiatives, which can be quickly obtainable on its market.
Pryce Cho, CEO of OnePlanet, mentioned,
“We’re placing our greatest effort into sorting and gathering positive NFT initiatives to grow to be the NFT market that represents Polygon. As quite a few NFT, gaming, metaverse initiatives are getting ready to launch on Polygon, OnePlanet is introducing a number of companies to take their NFT utilities additional.
“For example, we’ll allow the transactions of some NFT collections with ERC-20 tokens issued from their initiatives.”
About OnePlanet
OnePlanet is a Polygon-based NFT market the place holders can outline and develop the utilities of their NFTs. Beginning as a market to commerce NFTs, OnePlanet additionally supplies social options to allow significant communication between holders and technical infrastructure to speed up a mission’s growth.
Website | Medium | Discord | Twitter
Contact
YS Jung, advertising lead at OnePlanet
This content material is sponsored and needs to be considered promotional materials. Opinions and statements expressed herein are these of the writer and don’t replicate the opinions of The Each day Hodl. The Each day Hodl just isn’t a subsidiary of or owned by any ICOs, blockchain startups or corporations that publicize on our platform. Buyers ought to do their due diligence earlier than making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be suggested that your investments are at your personal danger, and any losses you might incur are your duty.
Comply with Us on Twitter Facebook Telegram
More NFT News
Marathon and Hut Eight scoop up $1.6 billion price of Bitcoin throughout market dip
Osprey Funds Launches First US Publicly Quoted BNB Belief
Will Binance's BNB Attain $1000? Worth Prediction Amid Authorized Challenges in Australia