More than 48 projects from the collapsing Terra ecosystem have started to migrate to the second-tier Ethereum network Polygon (MATIC). This was announced by Ryan Wyatt, CEO of Polygon Studios.

UPDATE: Terra has started porting projects. More than 48 projects and growing… included @OnePlanet_NFTspecial @0xPolygon market place and @DerbyStars_HQ!

It was great helping all these great developers and welcoming them to our thriving ecosystem!

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

— Ryan Wyatt (@Fwiz) 8 July 2022

Among the most notable projects he named P2E-Derby Stars game and OnePlanet NFT marketplace.

The latter’s team launched the Ark*One initiative to help migrate applications from the failed Terra network to Polygon.

The company led by Wyatt provided financial support to the immigrants. In May, assistance was promised in the transport of Terra projects with “capital and resources”.

On June 15, OnePlanet stopped accepting applications to join Ark*One. The initiative is geared towards projects in the NFT field. According to the market, 48 apps covering 90 token collections have decided to move.

🛳 48 Project starts @0xPolygon with OnePlanet🪐

To all Ark*One joint projects and @polygonstudioswe all act together to rebuild and grow the NFT ecosystem #onPolygon

Read the full recap on Ark*One: https://t.co/lxTh6WVRJB pic.twitter.com/hnDtzmSA9S

— OnePlanet ˡᵃⁿᵈⁱⁿᵍ ᵒⁿ ᴾᵒˡʸᵍᵒⁿ (@OnePlanet_NFT) 8 July 2022

“This represents the majority of Terra projects, including those that were not launched on OnePlanet prior to the catastrophic decomposition. [UST от доллара]”, the developers of the platform emphasized.

Apart from the initiative, they added that they will continue to provide technical assistance to teams transitioning to Polygon.

The OnePlanet team hopes to launch the market on the new network in mid-August.

Recall that at the end of May the mainnet of the Terra 2.0 project was launched.

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