Terra Virtua moves to Polygon blockchain, citing environmental concerns
"By harnessing the power of this new blockchain, we can ensure that our NFTs are limiting their impact," said Terra Virtua co-founder and CTO Jawad Ashraf. Digital collectibles platform Terra Virtua has moved from the Ethereum blockchain to Polygon in an attempt to be greener.In a Monday announcement, Terra Virtua said it had switched to Polygon as part of a plan to create a more sustainable nonfungible token, or NFT, ecosystem. The platform claimed the move would reduce the energy necessary to create a single NFT by more than 99%. However, Terra Virtua will also remint all digital....
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THE BR8VE VR art at Terra Virtua Follow the drop on Twitch from https://www.twitch.tv/terravirtua Starting soon 2PM BST lasting until 27th. Auction lasts on Terra Virtua from today until the 27th during the AIBC Summit in Dubai. The VR Glasses and the work will be available to see both at the conference as well as […]
Pierre Dadd joins Terra Virtua as marketing director following more than 20 years of experience in marketing and brand development for various entertainment companies. Digital collectibles platform Terra Virtua has tapped branding veteran Pierre Dadd to lead its marketing division, offering yet another example of a high-profile executive transitioning to a blockchain company.Dadd was hired for the position of marketing director, Terra Virtua announced Wednesday. Dadd has over 20 years of experience in marketing and brand development, making him a strong candidate to spearhead Terra....
These efforts are sure to help get many Terra projects back on their feet following last week's devastating events. Numerous developers have been left in uncertainty in the aftermath of the Terra (LUNA) collapse. These Terra-based projects, which are already under a lot of pressure, may be able to save their communities and projects by migrating to other networks.In a move that is expected to benefit both the Polygon (MATIC) community and Terra projects, Polygon Studios' CEO Ryan Wyatt tweeted on Monday that Polygon is working with a number of Terra projects to assist them migrating to the....
$2.5 million private funding round will be used to develop first "mass-market" digital collectibles platform. Digital collectibles platform Terra Virtua announced Nov. 4 that it had completed a $2.5 million private funding round, attracting support from funds such as Woodstock, NGC Ventures, and AU21 Capital.The investment raised will be used to further develop what the company describes as the first “mass-market” nonfungible token, or NFT, ecosystem.Aside from being a marketplace for provably rare digital collectibles, the platform has a strong focus on the social side of the fandom....
Polygon has launched the Terra Developer Fund to aid projects affected by the LUNA crash. Via its developer arm Polygon studios, the Ethereum scalability solutions will provide projects previous on Terra with financial support. Related Reading | Balenciaga To Accept Bitcoin And Ethereum Payments In The U.S. According to a post via its official Twitter handle, […]