Terra-based Projects Move to Polygon Network

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More than 48 projects based on the recently-collapsed Terra ecosystem have started to migrate to Polygon, Polygon Studios CEO Ryan Wyatt has said.

Some of the most notable projects include P2E game Derby Stars and NFT marketplace OnePlanet. The latter has recently launched the Ark*One initiative to help applications move from the failed Terra network to Polygon.

Polygon has provided financial support to migrants. Assistance in moving Terra projects with “capital and resources” at Polygon Studios was promised in May.

OnePlanet stopped accepting applications for participation in Ark*One on June 15. The initiative is aimed at projects in the field of NFTs. According to the marketplace, 48 applications have decided to move, covering 90 collections of tokens.