Terra Virtua, the digital collectible platform has switched from the Ethereum blockchain to Polygon to become more environmentally friendly. In an announcement on Monday, the platform said that it has moved to the Polygon blockchain. They did this because they have a plan to create more sustainable NFTs or non-fungible tokens and moving the platform will help them achieve it. The platform believes that this move will further reduce the energy required to create a single NFT by almost 99%. However, when switching to Polygon, Terra Virtua will also revoke all previously unsold digital collectibles on Ethereum.
Jawad Ashraf, the co-founder, and chief technical officer of Terra Virtua said:
“Our mission is to revolutionize 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. By harnessing the power of this new blockchain, we can ensure that our NFTs are limiting their impact.”
According to the digital platform Terra Virtua, this move is part of an update that removes the platform from beta testing. The project envisages that in addition to adding new features, it will also form a licensing partnership with global intellectual properties. Currently, this digital platform is offline as it announced its “site-wide upgrade”.
Users can purchase Terra Virtua NFTs minted on Ethereum before August 22. The digital collectibles platform has been growing steadily. This is happening since it raised $2.5 million in a round of private financing in November last year. Apart from recruiting talents to enter the NFT market mainstream, Terra Virtua also launched a variety of high-profile digital collectibles. They coincide with major film releases.
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