OnePlanet has migrated to the Polygon community following the collapse of the Terra blockchain. The migration contains transferring over 60 Terra-based NFT collections, permitting customers to seamlessly migrate their collections whereas persevering with to function in a brand new surroundings via OnePlanet.
OnePlanet was fast to reply after the Terra Blockchain collapsed. Courtesy of the monetary and technical assist supplied by Polygon via the Terra Improvement Fund initiative, OnePlanet made the transfer of migrating to a brand new community.
It concerned rewriting the complete code to make it suitable with the EVM. OnePlanet has concluded the migration, and the staff launched the Beta mode on September 06, 2022. Customers can migrate utilizing the beta mode.
Pryce Cho, the Chief Government Officer of OnePlanet, mentioned that the staff was placing its finest efforts into sorting & gathering a few of the finest NFT initiatives to turn into the NFT market that really represents Polygon. Pryce Cho added that the staff would introduce extra providers to take the NFT utilities additional amid the surroundings the place many gaming, NFT, & metaverse initiatives are getting ready to launch on Polygon.
One of many initiatives that OnePlanet has talked about is to permit its customers to transact NFT collections with ERC-20 tokens issued from their initiatives.
OnePlanet has partnered with The Mars, DAVA, TRACER, and different 20+ NFT/metaverse initiatives based mostly on Polygon. Whereas it’s already stay in beta mode, different partnerships will quickly be stay, with an replace to comply with within the coming days.
Emigrate to Polygon, OnePlanet is sustaining a detailed partnership with Derby Stars, a gaming mission based mostly on a P2E blockchain additionally migrating from the Terra Chain.
OnePlanet is a perfect market for non-fungible tokens. It was based in January 2022 and rapidly reached the highest of the record. OnePlanet offers social options, permitting customers to conduct significant communication with the technical infrastructure and speed up the event of a mission.
The enterprise is backed by funding from Animoca Manufacturers, Hashed, and Galaxy Interactive, to say a couple of.
Its NFT collections are well-known and acknowledged throughout the trade. They completely complement the distinctive providers like gamified stay auctions and Forge Protocols.
Polygon is a sidechain that runs alongside the Ethereum blockchain to supply quicker transactions with low charges. Its native token is MATIC which can be utilized for staking by the holders. The staff is led by Jaynti Kanani, a Co-Founding father of Polygon.
Over 130 million distinctive customers have registered on the platform, performing a median of three million+ day by day transactions. A complete of 1.8 billion transactions have been concluded because the inception of Polygon.
Polygon was initially based as MATIC in 2017, solely to be rebranded to the present identify in February 2021. The staff went forward to launch Polygon Edge and Polygon Studios in June-July 2021.
A most up-to-date growth got here in April 2022 when the community went carbon-neutral.