Terra projects band together in migration to Polygon ecosystem

Projects that previously ran on the Fallen Terra blockchain have collaborated to help each other migrate to Polygon's Layer 2 network .

Over 48 different crypto projects formerly based on the failing Terra ecosystem have found a resurgence by migrating to Polygon.

Polygon Studios CEO Ryan Wyatt said he was thrilled with his network's ability to integrate many projects into the ecosystem in a July 9 tweet. He hinted that Polygon's multimillion-dollar Terra Developer Fund has been effective in attracting talent that was unexpectedly thrown into limbo when Terra collapsed in May.

UPDATE: Terra Projects has started the migration. 48+ projects and more… including @OnePlanet_NFT, an exclusive @0xPolygon Marketplace, and @DerbyStars_HQ!

It was so awesome to help and welcome all these wonderful developers into our thriving ecosystem!

Welcome! $MATIC https://t.co/5ypu1QdMBA pic.twitter.com/JcskdWGnZJ

Polygon (MATIC) is a network that serves as a layer two scaling solution for the Ethereum network.

Some of the most high-profile projects to migrate to Polygon include the Lunaverse (LUV) Metaverse platform, the OnePlanet NFT marketplace, and the Derby Stars play-to-earn (P2E) game.

OnePlanet has been instrumental in helping other non-fungible token (NFT) projects migrate to Polygon. This ...