Terra Virtua Moves to Polygon Blockchain to Reduce Energy Consumption

Digital collectibles platform Terra Virtua has announced that it has moved to Polygon blockchain from Ethereum. The move comes as an attempt to reduce the platform’s energy consumption.

“By harnessing the power of this new blockchain, we can ensure that our NFTs are limiting their impact,” Terra Virtua Co-founder and Chief Technical Officer, Jawad Ashraf was quoted by Cointelegraph.

More on Terra Virtua’s Polygon move

In an announcement on Monday, August 16, the platform said that it switched to Polygon to develop a more sustainable NFT ecosystem. It claims that the move will reduce the energy required to mint a single NFT by over 99%.

“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,” Ashraf further said. 

Furthermore, Terra Virtua is currently under beta testing. The switch to Polygon is part of an upgrade that will take Terra Virtua out of the testing phase. The platform further stated that it will add new features and build licensing partnerships with various intellectual properties across the globe.

NFT projects are going green

As the Ethereum blockchain is highly energy-intensive, many NFT projects are going green by moving to more sustainable platforms. Metaverse game, The Sandbox, for instance, announced its move to Polygon in June. 

Meanwhile, an increasing number of platforms are keeping the environment first at the time of launch itself. NFT marketplace SUKU INFINITE, for instance, claims to be both carbon-neutral and carbon-negative. Instead of Ethereum, it launched on Hedera Hashgraph, which uses the less energy-intensive Proof of Stake protocol.