September six, 2022 – Seoul, South Korea
OnePlanet, a formerly Terra-primarily based NFT marketplace, has finished its planned migration to Polygon.
More than 60 Terra-primarily based NFT collections will be migrated to the sidechain polygon network, offering them a new residence right after the authentic Terra blockchain crashed in May.
OnePlanet right away entered into a new partnership with Polygon Studios, giving technical and monetary help by the Terra Developer Fund initiative.
After preparations, such as rewriting the native code to make it compatible with EVM, OnePlanet is now prepared to facilitate the merger of the wealthy Terra NFT ecosystem with Polygon, one particular of the corporations. sector leader in video games and NFT.
The Polygon implementation will launch in beta on September six, 2022. Existing Terra NFT assortment holders can seamlessly migrate to Polygon and carry on to deal with them in a new setting.
Launched in January 2022, OnePlanet promptly grew to turn into the primary NFT marketplace and launch pad on the Terra blockchain. It has acquired strategic investments from Hashed, Animoca Brands, Galaxy Interactive and much more.
OnePlanet provides quite properly curated NFT collections and provides many solutions this kind of as gambled dwell auctions and a “spoofing protocol” for including devices to the NFT. These attributes, mixed in a large-good quality launchpad and marketplace bundle, have enabled OnePlanet to turn into the primary NFT marketplace on Terra. Now it needs to repeat its results on Polygon.
OnePlanet has accomplished a whole lot to connect with the Polygon neighborhood. It maintains a partnership with Derby Stars, a P2E blockchain-primarily based game undertaking that migrated from the Terra chain. At the similar time, it has formed new partnerships with DAVA, The Mars, TRACER and much more than twenty Polygon-primarily based NFT/game/metaverse tasks, which will quickly be on its marketplace.
Pryce Cho, CEO of OnePlanet, explained:
“We are attempting our most effective to organize and gather fantastic NFT tasks to turn into the NFT marketplace that Polygon represents. As much more NFT tasks, video games and metaverses put together to launch on Polygon, OnePlanet is introducing a wide variety of solutions to consider their NFT equipment additional.
“For example, we will enable transactions of some NFT collections with ERC-20 tokens issued by their projects.”
OnePlanet is a Polygon-primarily based NFT marketplace the place owners can define and lengthen their NFT utilities. Started as a marketplace for trading NFTs, OnePlanet also delivers social attributes to allow meaningful communication involving owners and technical infrastructure to accelerate undertaking advancement.
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YS Jung, Marketing Lead at OnePlanet