Terra Virtua moves from the Ethereum blockchain to Polygon

Syed AhadWeb Editor

16th Aug, 2021. 09:18 pm
Terra Virtua

Terra Virtua is the world’s first totally immersive virtual and augmented reality (VR/AR) entertainment platform driven by blockchain technology. It has reinvented digital collecting by combining all of the interesting technologies such as blockchain, DeFi, AR, VR, and NFTs into one.

Terra Virtua has moved from the Ethereum blockchain to Polygon in an effort to be more environmentally friendly.

The firm switched to develop a more sustainable NFT (nonfungible token) environment. The firm said that it will decrease the energy that is used to make a single token by 99%. In the transfer to Polygon, Terra Virtua will also remint all digital items that were previously unsold on Ethereum.

“Our mission is to revolutionise how audiences engage with NFTs and make them accessible to everyone, but we believe that the environment shouldn’t have to pay the price for this new game-changing technology,” said Terra Virtua co-founder and CTO Jawad Ashraf. “By harnessing the power of this new blockchain, we can ensure that our NFTs are limiting their impact.”

According to the company, this move will upgrade to take the platform out of beta testing. The project said it would also be forming licensing partnerships with global intellectual properties and adding features.

At the time of publication, the platform is offline as part of a broadcasted “site-wide upgrade.” Users have until Aug. 22 to buying Terra Virtua NFTs minted on Ethereum.

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