{"id":472765,"date":"2022-07-11T08:07:26","date_gmt":"2022-07-11T05:07:26","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/terra-projects-band-together-in-migration-to-polygon-ecosystem\/"},"modified":"2022-07-11T08:07:26","modified_gmt":"2022-07-11T05:07:26","slug":"terra-projects-band-together-in-migration-to-polygon-ecosystem","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/terra-projects-band-together-in-migration-to-polygon-ecosystem\/","title":{"rendered":"# Terra projects band together in migration to Polygon ecosystem"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2325ba85447\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2325ba85447\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/terra-projects-band-together-in-migration-to-polygon-ecosystem\/#%E2%80%9D_Terra_projects_band_together_in_migration_to_Polygon_ecosystem_%E2%80%9C\" >&#8221; Terra projects band together in migration to Polygon ecosystem &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Terra_projects_band_together_in_migration_to_Polygon_ecosystem_%E2%80%9C\"><\/span>&#8221; Terra projects band together in migration to Polygon ecosystem &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvZDRiMWI4ODYtZjkyNC00NDRlLWFhODQtZjE4MmIwYzZmMjVmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>More than 48 different crypto projects formerly based on the failed Terra ecosystem have found a resurgence by migrating over to Polygon.\u00a0<\/p>\n<p>Polygon Studios CEO Ryan Wyatt expressed delight at his network\u2019s ability to onboard many projects to the ecosystem in a July 9 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Fwiz\/status\/1545555539299487745\">tweet<\/a>. He hinted that Polygon\u2019s multimillion-dollar Terra Developer Fund has been effective in attracting the talent that was unexpectedly flung into limbo when Terra collapsed in May. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">UPDATE: Terra projects have begun migration. Over 48 projects and counting\u2026 including <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/OnePlanet_NFT?ref_src=twsrc%5Etfw\">@OnePlanet_NFT<\/a>, an exclusive <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/0xPolygon?ref_src=twsrc%5Etfw\">@0xPolygon<\/a> marketplace, and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DerbyStars_HQ?ref_src=twsrc%5Etfw\">@DerbyStars_HQ<\/a>!<\/p>\n<p>It was so awesome to help and welcome all these wonderful developers to our thriving ecosystem! <\/p>\n<p>Welcome! <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24MATIC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MATIC<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/5ypu1QdMBA\">https:\/\/t.co\/5ypu1QdMBA<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/JcskdWGnZJ\">pic.twitter.com\/JcskdWGnZJ<\/a><\/p>\n<p>\u2014 Ryan Wyatt (@Fwiz) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Fwiz\/status\/1545555539299487745?ref_src=twsrc%5Etfw\">July 8, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nPolygon (MATIC) is a network that serves as a layer-two scaling solution for the Ethereum network.<\/p>\n<p>Among the higher-profile projects to move to Polygon are the Lunaverse (LUV) Metaverse platform, the OnePlanet NFT marketplace, and the Derby Stars play-to-earn (P2E) <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>. <\/p>\n<p>OnePlanet has been instrumental in helping other nonfungible Token (NFT) projects migrate to Polygon. It has become a platform <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/medium.com\/@oneplanet.nft\/oneplanet-is-landing-on-polygon-network-f603763c20e0\">dedicated<\/a> to assisting NFT projects from Terra with its Ark*One initiative.<\/p>\n<p>OnePlant\u2019s July 9 blog <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/medium.com\/@oneplanet.nft\/recap-on-ark-one-what-you-need-to-know-63d6cc3af85e\">post<\/a> outlines how Ark*One has helped \u201cA total of 48 NFT projects, encompassing 90 NFT collections\u201d port over to Polygon. <\/p>\n<blockquote><p>\u201cThis represents a large proportion of Terra projects, including some that did not launch on One Planet before the cataclysmic de-peg event.\u201d<\/p><\/blockquote>\n<p>Since June 15, Ark*One has reduced the support it provides to aspiring projects, but the team says it will \u201cstill provide technical support for projects who want to migrate from Terra\u201d and allow projects to launch on Polygon using its launchpad. <\/p>\n<p>Polygon <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ears to have been more successful at attracting Terra projects than the VeChain (VET) ecosystem. So far, it does not appear that many Terra projects have made the move to the layer-1 ecosystem despite VeChain openly welcoming Terra developers to apply for a grant.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Korea and US agree to share investigation data on Terra<\/em><\/strong><\/p>\n<p>The Terra ecosystem suffered a monumental collapse in May when its TerraUSD (UST) stablecoin lost its peg, forcing its native token LUNA to crash nearly 100% in value from over $60 to fractions of a cent. The network has been renamed Terra Classic, and its native token now has the LUNC ticker, while a new iteration has adopted the Terra name and LUNA ticker.<\/p>\n<p>It has yet to gain much traction or confidence as the crypto bear market deepens.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"nifty_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/terra-projects-band-together-in-migration-to-polygon-ecosystem\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Terra projects band together in migration to Polygon ecosystem &#8220; More than 48 different crypto projects formerly based on the failed Terra ecosystem have found a resurgence by migrating over to Polygon.\u00a0 Polygon Studios CEO Ryan Wyatt expressed delight at his network\u2019s ability to onboard many projects to the ecosystem in a July 9&#8230;<\/p>\n","protected":false},"author":1,"featured_media":472766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvZDRiMWI4ODYtZjkyNC00NDRlLWFhODQtZjE4MmIwYzZmMjVmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,95118,113408,122378,74355,73821],"class_list":["post-472765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-nft","tag-polygon","tag-terra","tag-adoption","tag-developers"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/472765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=472765"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/472765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/472766"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=472765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=472765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=472765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}